DealsOct 29, 2026, 04:08 PM
IRSA Signs Barter Agreement for Ramblas del Plata Project Valued at $8.75M
AI Summary
IRSA Inversiones y Representaciones S.A. has entered into a barter agreement for a new lot of 2,274 sqm, with an estimated saleable area of 8,334 sqm, as part of the first stage of its 'Ramblas del Plata' project. The transaction is valued at approximately USD 8.75 million, with payment structured through an upfront cash component and future saleable square meters. IRSA will continue infrastructure development and commercialization efforts for the project.
Key Highlights
- IRSA Inversiones y Representaciones S.A. signed a barter agreement for a new lot of 2,274 sqm with an estimated total saleable area of 8,334 sqm.
- The transaction is valued at approximately USD 8.75 million.
- Payment will be made through an upfront cash payment and saleable sqm to be received in the future.
- IRSA will continue infrastructure works on the 'Ramblas del Plata' plot.
- The company is advancing with agreements for the commercialization of the project.
Price Impact
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