IRSA signs $4M Ramblas del Plata land deal
IRSA Inversiones y Representaciones S.A. disclosed that it signed a barter agreement for a new lot of 2,360 sqm in the extended first stage of its Ramblas del Plata real estate project.
Rhea-AI Filing Summary
IRSA Inversiones y Representaciones S.A. disclosed that it signed a barter agreement for a new lot of 2,360 sqm in the extended first stage of its Ramblas del Plata real estate project. The lot has an estimated total saleable area of 4,500 sqm.
The transaction totals USD 4 million, with consideration to be received through an upfront cash payment and additional saleable square meters to be delivered in the future. IRSA indicates it will continue infrastructure works on the Ramblas del Plata plot while progressing agreements for the project’s commercialization.
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Key Figures
Key Terms
barter agreement financial
saleable area financial
infrastructure works technical
commercialization of the project financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What are the main terms of IRSA (IRS)’s USD 4 million barter agreement?
How large is the new lot IRSA (IRS) is acquiring in the barter deal?
How will IRSA (IRS) be paid under the Ramblas del Plata barter agreement?
What ongoing activities did IRSA (IRS) highlight for Ramblas del Plata?
AI-generated analysis. How Rhea-AI works. Not financial advice.