The Company has signed a barter agreement for a new lot of 2,325 sqm, with an estimated total saleable area of 5,020 sqm, belonging to the first stage of the “Ramblas del Plata” project.
The transaction amounts to USD 4.2 million, which will be paid to IRSA through an upfront cash payment and saleable sqm to be received in the future.
The Company will continue infrastructure works on the “Ramblas del Plata” plot while advancing with the signing of agreements for the commercialization of the project.
