6-K - IRSA Inversiones y Representaciones Sociedad Anónima WT | StockGist

AI Analysis

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IRSA Inversiones y Representaciones S.A. signed a barter agreement for a 2,617 sqm lot with 5,730 sqm estimated total saleable area in the extended first stage of the “Ramblas del Plata” project, valued at USD 4.98 million, payable via upfront cash and future saleable sqm. The Company will continue infrastructure works and advance commercialization agreements.

Key Takeaways

1Signed barter agreement for 2,617 sqm lot

2Estimated total saleable area of 5,730 sqm

3Part of extended first stage of “Ramblas del Plata” project

4Transaction value USD 4.98 million

5Payment: upfront cash and future saleable sqm

6Will continue infrastructure works and commercialization agreements

Current Report Details

Event Type

6-K

Variant

6-K

Items Reported

6-K

Current Report on Form 6-K

Other Event

Transaction Details

Material Agreement

Agreement: barter agreement
Parties: IRSA Inversiones y Representaciones S.A.

•New lot of 2,617 sqm with estimated total saleable area of 5,730 sqm
•Belonging to extended first stage of “Ramblas del Plata” project
•Transaction amounts to USD 4.98 million
•Paid through upfront cash payment and saleable sqm to be received in the future

Exhibits (1)

6-K

MATERIAL FACT