Company: CRESW
Filing Date: 2025-10-24
Form Type: 20-F
Source: 0001654954-25-012195
Chunk: 189

Company: CRESUD INC
Filing Date: 2025-10-24
Form: 20-F
Item: Item 4
Chunk 189
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                         10,572                    67                    92.0                                  50                     2,460
Alto Comahue                Mar‑15                              Neuquén                          11,703                    82                    99.1                               99.95                     9,079
Patio Olmos (5)             Sep‑07                              Córdoba                               —                     —                       —                                                             —
Total                                                                                           371,242                 1.561                    97.7   (6)                                                 268,855
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(1)                                                                 Corresponds to GLA at each property. Excludes common areas and parking spaces.                                                             
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(2)   Calculated dividing occupied square meters by leasable area as of the last day of the fiscal year.                                                                                                       
(3)   IRSA’s effective ownership interest in each of its business units.                                                                                                                                       
(4)   Excludes Museo de los Niños which represents 3,732 square meters in Abasto.                                                                                                                              
(5)   Does not include the rental revenues of Patio Olmos. IRSA owns the historic building where the Patio Olmos shopping mall is located in the province of Cordoba. The property is managed by a third party.
(6)   Excluding Terrazas de Mayo.                                                                                                                                                                              

84

Tenant retail sales

During the fiscal year 2025, the sales of IRSA’s shopping malls tenants reached ARS 3,062,900 million, decreasing by 2.8% compared to the previous fiscal year. 

Tenants’ sales of shopping malls located in the City of Buenos Aires and Greater Buenos Aires decreased a 4.3% compared to previous fiscal year, from ARS 2,237,794 million to ARS 2,142,254 million during the fiscal year 2025, while those in the interior of the country increased by 0.7% compared to previous fiscal year, from ARS 913,963 million to ARS 920,646 million during the fiscal year 2025.

The following table sets forth the total retail sales of IRSA’s shopping mall tenants for the fiscal years indicated:

                                                                              For the fiscal years ended June 30, (1)                                          
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                                 2025                      2024                       2023                       2022                       2021               
                                     (in millions of ARS)                                                                                                      
Alto Palermo                                354,725