The Company communicates that it has sold and transferred five 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 5,922 sqm and 49 parking lots located in the building.
The transaction price was set at approximately USD 58.7 million (USD/sqm 9,918), which had already been paid.
After this transaction, IRSA owns 7 floors of the building with an approximate leasable area of 8,516 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 fiscal year 2023.