The company has signed a barter agreement for a new lot of 6,947 sqm, with an estimated total saleable area of 17,500 m², belonging to the 1st stage of the “Ramblas del Plata” project.
The transaction amounts to USD 14,175 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.