PropertyJun 26, 2026, 09:41 AM
IRSA Signs $14.175M Barter Deal for Ramblas del Plata Lot
AI Summary
IRSA Inversiones y Representaciones S.A. has announced a barter agreement for a new lot of 6,947 sqm, part of the first stage of its "Ramblas del Plata" project. The transaction is valued at USD 14.175 million, to be paid through an upfront cash component and future saleable square meters. The company plans to continue infrastructure work and advance commercialization agreements for the project.
Key Highlights
- Signed a barter agreement for a new lot of 6,947 sqm.
- Estimated total saleable area of 17,500 sqm for the project.
- The lot belongs to the first stage of the "Ramblas del Plata" project.
- Transaction amounts to USD 14.175 million.
- Payment will be made through an upfront cash payment and future saleable sqm.
- IRSA will continue infrastructure works on the plot.
- Company will advance with commercialization agreements for the project.
Price Impact
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