Significant Net Gain
IRSA achieved a net gain of ARS 196 billion compared to a significant loss in the previous year.
Shopping Malls Recovery
Shopping Malls showed a solid recovery with adjusted EBITDA growing by 10% year-over-year.
Portfolio Expansion
Expansion through acquisitions and developments, including Terrazas de Mayo and Alto Avellaneda, contributing to a 27% increase in GLA.
Successful Return to Capital Markets
Issued $300 million in Series XXIV notes with a 10-year tenure, marking a return to international capital markets after nearly a decade.
High Occupancy in Offices
Office segment rents remained stable with occupancy at almost 100% in the premium portfolio.
ESG Progress
Over 90% of malls transitioned to LED lighting and solar panels added to additional malls, reflecting a focus on sustainability.
Record Shopping Mall Revenue
Shopping Malls generated $169 million, a record for the last 10 years.