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IRSA Acquires ‘Al Oeste’ Shopping Mall in Strategic Expansion

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IRSA Acquires ‘Al Oeste’ Shopping Mall in Strategic Expansion

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Irsa Inversiones Y Representaciones SA ( (IRS) ) has issued an announcement.

On September 17, 2025, IRSA Inversiones y Representaciones S.A. announced the acquisition of the ‘Al Oeste’ shopping mall located in Haedo, Morón district, west of Greater Buenos Aires. The shopping mall, currently underperforming, is set to be converted into an outlet center as part of IRSA’s development plan, with a relaunch scheduled for next year. The acquisition cost was USD 9 million, with half already paid and the remainder to be settled in four annual installments. This purchase expands IRSA’s shopping mall portfolio to 17 assets, enhancing its market presence in the region.

The most recent analyst rating on (IRS) stock is a Hold with a $17.50 price target. To see the full list of analyst forecasts on Irsa Inversiones Y Representaciones SA stock, see the IRS Stock Forecast page.

Spark’s Take on IRS Stock

According to Spark, TipRanks’ AI Analyst, IRS is a Neutral.

The stock’s overall score reflects strong technical indicators and positive earnings call insights, with attractive valuation metrics supporting potential growth. However, financial performance concerns due to negative profitability margins remain a risk.

To see Spark’s full report on IRS stock, click here.

More about Irsa Inversiones Y Representaciones SA

IRSA Inversiones y Representaciones S.A. is Argentina’s leading real estate company, focusing on the development and management of shopping malls and other real estate assets. The company operates primarily in the Greater Buenos Aires area and has a portfolio that includes numerous shopping centers.

Average Trading Volume: 208,547

Technical Sentiment Signal: Buy

Current Market Cap: $913.7M

See more data about IRS stock on TipRanks’ Stock Analysis page.

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