The company has signed a barter agreement for a new lot of 1,701 sqm, with an estimated total saleable area of 5,633 sqm, belonging to the first stage of the “Ramblas del Plata” project, located in South Puerto Madero.
The amount of the transaction amounts to USD 4.2 million, which will be paid to IRSA through a cash advance and saleable m2 to be received in the future.
The Company will continue with the infrastructure works at the “Ramblas del Plata” site while it moves forward in the process of signing the agreements corresponding to the commercialization of the first stage.
