The Company communicates that it has sold and transferred three floors of the tower “261 Della Paolera” located in the Catalinas district of the Autonomous City of Buenos Aires for a total leasable area of approximately 3,550 sqm, 30 parking lots located in the building and other complementary units.
The transaction price was set at approximately ARS 3,433 million, equivalents to USD 31.6 million (USD/sqm 8,900), which had already been paid.
After this transaction, IRSA retains its rights for 17 floors of the building with an approximate leasable area of 20,550 sqm, in addition to parking lots and other complementary spaces.
The financial result of this operation will be recognized in the Company's Financial Statements for the third quarter of FY 2022.