Irsa Inversiones Y Representaciones SA ( (IRS) ) has provided an announcement.
On February 28, 2025, IRSA Inversiones y Representaciones S.A. announced it has signed barter agreements with developers for five lots in the first stage of the ‘Ramblas del Plata’ project. This stage includes 14 lots, and the agreements cover 9,942 sqm with a saleable area of 31,102 sqm, valued at approximately USD 24.1 million. The transaction will be compensated through an upfront cash payment and future saleable sqm. The company will continue infrastructure work and advance commercialization agreements for the project’s first stage.
More about Irsa Inversiones Y Representaciones SA
IRSA Inversiones y Representaciones S.A. is a company based in Argentina, operating in the real estate sector. It is involved in the development and management of commercial real estate properties, focusing on projects like ‘Ramblas del Plata’ in South Puerto Madero.
YTD Price Performance: -18.34%
Average Trading Volume: 184,599
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1.12B
See more data about IRS stock on TipRanks’ Stock Analysis page.