Inversiones Representaciones SA

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Inversiones Representaciones SA (BUE:IRSA) is the only Real Estate Investment Trust in Argentina or listed on the Buenos Aires Stock Exchange, the Bolsa.

Inversiones Representaciones was started in 1943.

Its purpose is the acquisition and management of office buildings, luxury hotels, shopping malls, apartment houses, and land reserves.

It has a subsidiary, Alto Palermo SA (APSA). They also own most of Mendoza Plaza Shopping SA, and the opened Alto Rosario Shopping.

Inversiones Representaciones SA Property Portfolio Includes:

Libertador 498 Madero Maipú 1300 and 1020.

Shopping Centers: Paseo Alcorta, Alto Palermo Shopping, Buenos Aires Design, Alto Avellaneda, Alto Noa, Abasto Shopping, Patio Bullrich, Mendoza Plaza Shopping, Alto Rosario and Cordoba Shopping Villa Cabrera.

Hotel Llao Llao, near Bariloche, and the Intercontinental Hotel in Buenos Aires. The Hotel Libertador in Buenos Aires.

The Bouchard Plaza Building, known as Building The Nation, Beunos Aires.

Building Dock del Plata, Puerto Madero. Dique IV, Puerto Madero. Cordoba Shopping, Villa Cabrera. Panamerican Mall, Saavedra, Buenos Aires. BankBoston Tower, 265 Carlos Maria Della Paolera, Buenos Aires. Soleil Factory Shopping Center. Edificio República, Buenos Aires.

In June 2008, subsidiary Alto Palermo acquired a site in Beruti 3351/3359, between Bulnes and Avenida Coronel Diaz in Palermo, Buenos Aires, near the shopping center "Alto Palermo Shopping."

Therefore, Inversiones Representaciones is a Fideicomiso Financiero Inmobiliario or REIT which hopefully will encourage more in Argentina.

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