IRSA Inversiones y Representaciones SA - Company Profile
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IRSA Inversiones y Representaciones SA (IRSA), a subsidiary of CRESUD Sociedad Anonima Comercial Inmobiliaria Financiera y Agropecuaria, is a real estate company in Argentina. The company’s wide range of end-user markets, high liquidity, and property portfolio are its major strengths, even as declined segment performance of hotels remains a cause for concern. However, the growing retail market in Argentina, expansion and improvement of the retail portfolio through strategic acquisitions, and positive outlook for the commercial construction Industry in the US could present new growth opportunities for the company. Cost overruns, inability to collect rent from tenants, and nationalization of Argentina’s pension funds could affect the company’s business performance.
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