IRSA Inversiones y Representaciones S.A., Argentina's leading real estate firm, announced a net income of ARS 239.7 billion for the first nine months of fiscal year 2026, a significant increase from ARS 46.5 billion the previous year. Adjusted EBITDA from rental segments rose 4.6% year-over-year, driven by solid performance in shopping malls, offices, and hotels. The company maintained full occupancy in premium offices and launched a new office building with Mercado Libre as the main tenant. Construction projects like the Distrito Diagonal mall and Del Plata building are progressing, with new land acquisitions and infrastructure developments underway. Market capitalization stood at approximately USD 1.3 billion as of March 31, 2026. These results highlight IRSA's robust recovery and expansion plans in Argentina's real estate market.
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