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4.0
IRSA Inversiones y Representaciones is a diversified company focused on investments and commercial representations, operating within the “other industries” segment.
Founded by Eduardo Sergio Elsztain — who also serves as CEO — the company was established with the goal of consolidating operations in real estate investment and commercial representation. IRSA also engages in urban development projects, including shopping centers, corporate office buildings, and residential developments.
Although headquartered in the United States, the company maintains a strong presence in Latin America, particularly in Argentina, the home country of its founder. Its core products and services include investments in commercial properties, real estate development, and asset management.
IRSA’s operating market is predominantly international, with activities concentrated in Latin America — especially Argentina — while being listed and accessible to global investors through Nasdaq.
This diversified footprint enables the company to participate in projects across multiple countries and segments, seeking to capitalize on high-potential real estate markets while adopting medium- and long-term asset management strategies.
Its operational structure consists of divisions responsible for managing various asset classes, such as shopping centers, corporate properties, and residential projects. The company also maintains a diversified investment portfolio to support its position in the real estate sector.
IRSA is traded in the United States on Nasdaq under the ticker IRS.
History and Founding of IRSA Inversiones y Representaciones
IRSA Inversiones y Representaciones was founded in Argentina in 1943 by Eduardo Sergio Elsztain. The company was created to operate in the real estate sector, initially focusing on the development and management of commercial and residential properties within the Argentine market.
In its early years, the company faced challenges stemming from the country’s economic instability but ultimately established itself as one of Argentina’s leading real estate firms. During this period, IRSA expanded its activities into the development of shopping centers and corporate buildings.
In the following decades, IRSA diversified its operations and extended its reach into other Latin American markets, investing in large-scale projects such as urban developments and commercial complexes. This expansion reinforced its position as a leading real estate company in the region.
With its listing on Nasdaq, IRSA gained access to international capital markets and expanded its operations, diversifying its asset base and investing in high-end properties and long-term projects.
Between 2020 and 2024, the company underwent significant changes, including divestments of lower-yielding assets and a strategic focus on higher-potential projects. However, the COVID-19 pandemic brought challenges to the real estate sector, particularly for shopping centers and commercial properties. Reduced foot traffic and the rise of e-commerce required adjustments such as:
Asset Modernization: IRSA invested in the digitalization of its shopping centers, integrating e-commerce solutions and adapting spaces to new demands such as logistics services.
Divestments: The company sold lower-return assets to prioritize projects with stronger return potential.
International Expansion: IRSA continued to pursue opportunities outside Argentina, targeting more stable and diversified markets.
Through these strategic initiatives, the company strengthened its resilience and positioned itself to capture growth across the evolving real estate landscape.
Additional Information
The Company IRSA Inversiones Y Representaciones (United States), is listed on Nasdaq with a market cap of $ 1.09 Billion, having an equity of $ 1.42 Billion.
The Company está listadathe in the sector of Others and categorized in industry of Others.
In the last 12 months the Company had a revenue of $ 419.86 Millions, which generated a profit in the amount of $ 395.01 Millions.
As for its main indicators, the Company has a P/E ratio of 2.75, a P/BV ratio of 0.76 and in the last 12 months the dividend yield of IRS was at 7.03%.
The Company is traded internationally through the ticker IRS.
