IRSA Inversiones Y Representaciones (NYSE:IRS) is one of Argentina’s leading real estate companies, primarily engaged in the development, ownership and management of commercial, office and residential properties. The company’s portfolio encompasses a diverse mix of shopping centers, high-end office buildings, hotels and residential complexes. In addition to its core urban developments, IRSA holds significant interests in agricultural land and farming operations through its strategic participation in Cresud S.A., extending its real estate footprint into the agribusiness sector.
Founded in 1943, IRSA has grown through successive waves of asset acquisition and development. In the early 1990s, the company restructured under new leadership and broadened its scope beyond Buenos Aires, embarking on a series of landmark projects that helped define the nation’s modern retail and office markets. Over the decades that followed, IRSA has completed major shopping center ventures such as Alto Palermo, Dot Baires Shopping and Buenos Aires Design, establishing a reputation for premium retail destinations that cater to both domestic consumers and international brands.
While Argentina remains its primary market, IRSA has selectively expanded into neighboring countries, including Uruguay and Chile, and has explored partnerships in key urban centers across Latin America. The company’s mixed-use developments blend retail, office and residential components to maximize asset performance and unlock long-term value. IRSA also oversees hotel properties under established international brands, further diversifying its income streams and enhancing its position in the region’s hospitality sector.
IRSA is led by Executive Chairman Eduardo Elsztain, whose family group maintains a controlling stake, and a professional management team with deep experience in real estate finance, project management and property operations. The board of directors includes industry veterans and independent members who guide corporate strategy, oversight and governance. With a track record spanning more than seven decades, IRSA continues to pursue selective growth opportunities and asset enhancements that align with its long-term vision for sustainable, high-quality real estate development.
