The latest update is out from Irsa Inversiones Y Representaciones SA ( (IRS) ).
On March 28, 2025, IRSA Inversiones y Representaciones S.A. announced that it has entered into a barter agreement with a developer for a lot in the first stage of the ‘Ramblas del Plata’ project in South Puerto Madero. This stage includes 14 lots with a total saleable area of 126,000 sqm, and the swapped lot covers 2,349 sqm with an estimated saleable area of 5,088 sqm. The transaction is valued at approximately USD 3.97 million, to be paid through an upfront cash payment and future saleable sqm. The company will continue infrastructure work on the project while advancing agreements for commercialization.
More about Irsa Inversiones Y Representaciones SA
IRSA Inversiones y Representaciones S.A. is a company based in Argentina, primarily involved in real estate development. The company focuses on large-scale projects, including commercial and residential properties, and is listed on both the New York Stock Exchange and the Buenos Aires Stock Exchange.
YTD Price Performance: -15.20%
Average Trading Volume: 159,155
Technical Sentiment Signal: Sell
Current Market Cap: $1.23B
See more insights into IRS stock on TipRanks’ Stock Analysis page.