The latest update is out from Irsa Inversiones Y Representaciones SA ( (IRS) ).
On March 14, 2025, IRSA Inversiones y Representaciones S.A. announced the signing of barter agreements with developers for two lots in the first stage of the ‘Ramblas del Plata’ project in South Puerto Madero. This stage includes 14 lots, with the swapped lots covering 12,448 sqm and an estimated saleable area of 13,170 sqm. The transaction, valued at approximately USD 10.4 million, involves an upfront cash payment and future saleable sqm. The company will continue infrastructure work on the project while advancing commercialization agreements, indicating a strategic move to enhance its real estate portfolio.
More about Irsa Inversiones Y Representaciones SA
IRSA Inversiones y Representaciones Sociedad Anonima is a prominent company in Argentina, primarily engaged in real estate development and investment. 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: -17.96%
Average Trading Volume: 169,992
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1.21B
For detailed information about IRS stock, go to TipRanks’ Stock Analysis page.