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– Sale (total and partial) of several buildings in Buenos Aires.

– Madison building for sale in the U.S.

Acquisition of an important holding company in Israel:

– Telecommunications: Cellcom Israel (including 013 Netvision).

– Financial: Clal Insurance.

– Agrochemicals: Adama.

– Technology: Elron.

– Real Estate: Property & Building / Gav-Yam.

– Supermarket: Shufersal.

– Irsa Propiedades Comerciales (continuation of APSA) is born.

– Transfer of AAA Offices portfolio from IRSA to Irsa CP.

Shopping mall openings:

– Arcos Premium Outlet District (CABA).

– Alto Comahue Shopping Mall (Neuquén).

– Purchase of real estate adjacent to Córdoba Shopping.