The company has signed a barter agreement for a new lot of 2,360 sqm with an estimated total saleable area of 4,500 sqm, belonging to the extended first stage of the “Ramblas del Plata” project.
The transaction amounts to USD 4.0 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 work on the “Ramblas del Plata” plot while advancing with the signing of agreements for the commercialization of the project.
