The company’s adjusted EBITDA from rental operations rose 1.4% year-over-year to 317,725 million pesos. Shopping mall revenue remained stable, tracking alongside inflation, while the portfolio expanded to 18 assets covering over 410,000 square meters of gross leasable area. Recent growth included the acquisitions of Al Oeste and Los Gallegos Shopping, alongside ongoing developments like the Oeste Outlet transformation and the Distrito Diagonal project in La Plata.

IRSA’s premium office properties maintained full occupancy throughout the year. The company is currently expanding its Polo Dot complex with a new 15,350 square meter building anchored by Mercado Libre. Simultaneously, the firm is advancing its large-scale mixed-use project, Ramblas del Plata, where it has successfully executed 20 land swap agreements to date. On the capital markets side, the company issued 230 million dollars in notes and closed the fiscal year with a market capitalization of approximately 1.3 billion dollars.