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IRSA Inversiones y Representaciones S.A. Reports Strong Q3 FY2026 Results

In a recent press release, IRSA Inversiones y Representaciones S.A., one of Argentina's premier real estate firms, revealed its remarkable results for the third quarter of Fiscal Year 2026, concluding on March 31, 2026. The company's financial performance illustrates robust growth, affirming its position as a market leader in the competitive Buenos Aires real estate landscape.

Financial Highlights

In the first nine months of 2026, IRSA’s net income skyrocketed to ARS 239,741 million. This substantial increase is a significant leap from the ARS 46,497 million recorded during the same period the previous year. The Adjusted EBITDA for rental segments also experienced a commendable rise, reaching ARS 232,327 million, a year-over-year increase of 4.6%. This growth can be attributed to favorable conditions across its three primary business sectors: shopping malls, office spaces, and hotel accommodations.

Shopping Malls Segment

In particular, the shopping malls segment of the company saw revenue and Adjusted EBITDA increases of 2.4% and 2.0%, respectively, within the first three quarters of the fiscal year. This successful performance was largely driven by rising base rents and other stable income components, showcasing the resilience and attractiveness of IRSA’s retail properties.

Office Portfolios and Hotel Recovery

In the office portfolio, IRSA proudly reported a 100% occupancy rate throughout Q3, reflecting high demand for premium office spaces in the city. Hotels also demonstrated a recovery trend in both revenue and EBITDA, suggesting improved conditions in the hospitality sector as it adapts post-pandemic.

New Developments

During the reporting period, IRSA launched a new office building covering 15,350 square meters at Polo Dot, located in the northern part of Buenos Aires. This development will effectively expand and enhance the neighboring Zetta building, with Mercado Libre confirmed as its primary tenant. Furthermore, the company is making significant progress on the construction of the Distrito Diagonal shopping mall in La Plata, alongside the Del Plata building situated in downtown Buenos Aires.

Investment and Infrastructure

Additionally, IRSA has executed a swap agreement for two new lots at Ramblas del Plata, valued at USD 11.3 million. The firm continues to invest in infrastructure developments while awaiting project definitions and anticipating the commencement of construction on initial buildings in the forthcoming fiscal year.

Balance Sheet Overview

As of March 31, 2026, IRSA reported:

• - Total Revenues: ARS 464,366 million
• - Consolidated Gross Profit: ARS 290,319 million
• - Net result from changes in the fair value of investment properties: ARS 30,231 million
• - Total Assets: ARS 4,308,262 million
• - Total Liabilities: ARS 2,270,013 million
• - Shareholders' Equity: ARS 2,038,249 million

With a market capitalization valued at approximately USD 1.314 billion as of the end of Q3, IRSA Inversiones y Representaciones S.A. continues to demonstrate its financial strength, stability, and growth potential in the Argentine real estate market.

Conference Call Invite

To further discuss these impressive results, IRSA cordially invites interested parties to their fiscal results conference call on Thursday, May 7, 2026, at 4:30 PM US Eastern Time / 5:30 PM Buenos Aires Time. Participants can register online and access additional information through IRSA's investor relations platform.

For further inquiries, please visit their official website or contact their investor relations department directly. Follow IRSA on social media for the latest updates on developments and future projects.

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This announcement reflects IRSA Inversiones y Representaciones S.A.'s ongoing commitment to transparency and stakeholders, reinforcing the company’s strategic goals and value creation initiatives as Argentina's real estate sector evolves.