- CEO
- Eduardo Sergio Elsztain
- Full Time Employees
- 1,350
- Sector
- Real Estate
- Industry
- Real Estate - Services
- Address
- Carlos M. Della Paolera 261 Buenos Aires BA Argentina C1001ADA
- IPO Date
- Jan 3, 2000
- Business
- IRSA Inversiones y Representaciones Sociedad Anónima is an Argentine real estate investment and development company engaged in the ownership, operation, acquisition, development and redevelopment of shopping malls, office buildings, hotels, residential projects and land reserves for mixed-use developments; it also holds interests in financial and strategic investments, including Banco Hipotecario S.A.. Founded in 1943 and headquartered in Buenos Aires, Argentina, the company operates principally in Argentina and is controlled by Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria. Its portfolio includes shopping centers such as Abasto Shopping, Paseo Alcorta, Alto Palermo, Patio Bullrich, Dot Baires Shopping, Distrito Arcos, Alto Avellaneda, Soleil Premium Outlet, Terrazas de Mayo, Alto Noa, Alto Rosario, Mendoza Plaza, Córdoba Shopping Villa Cabrera, Alto Comahue, La Ribera and Al Oeste; office buildings; upscale hotels including Libertador, InterContinental and Llao Llao; and residential and mixed-use development projects, notably Ramblas del Plata and Distrito Diagonal. In fiscal 2026, IRSA reported continued portfolio expansion, reaching 18 shopping mall assets and more than 410,000 square meters of gross leasable area after acquiring Al Oeste and Los Gallegos Shopping, while also advancing redevelopment of Al Oeste into an outlet center and progressing new mixed-use projects. Recent operational and financing developments include the July 2025 amendment to the Ramblas del Plata land transaction, the September 2025 acquisition of Al Oeste Shopping Mall, the 2025 purchase of additional land and property assets in Greater Buenos Aires, and the issuance of USD 230 million in notes during fiscal 2026. The company’s business model is centered on recurring rental income from shopping centers, premium offices and hotels, supported by property sales, development activities and value creation through asset repositioning and portfolio optimization.