IRSA Inversiones y Representaciones Sociedad Anónima Overview
Pro stress-test →IRSA is an Argentinian corporation that is 64% controlled by Cresud S.A.C.I.F. y A. and is engaged in the real estate business. As part of a group that controls numerous companies, it comprises Argentina's largest real estate group, owning the country's principal shopping centers and overseeing some of its largest real estate projects.
Strategic Profile
Pro stress-test →IRSA is a diversified real estate company that acquires, develops, and manages shopping centers, offices, residential properties, and luxury hotels, while also purchasing undeveloped land reserves for further development and sale. The company's president and principal shareholder is Eduardo Elsztain, both directly and through Cresud S.A.
Competitive Landscape
Pro stress-test →IRSA comprises Argentina's largest real estate group and owns the country's principal shopping centers. Primary competitors in Argentine retail real estate include other major shopping center developers and regional real estate firms, though IRSA maintains dominant market position. The company also competes in hospitality through properties like the Llao Llao Hotel and office leasing in Buenos Aires.
Industry Context
IRSA Inversiones y Representaciones Sociedad Anónima operates in Real Estate & Shopping Center Development.
Key facts
Founded: 1943 · Headquarters: Buenos Aires, Argentina · Revenue: ARS 70,982 million (2024 net income equivalent)