Complex sentence: In 1992, the company acquired a 25% share of the Centro Comercial Mendoza Plaza Shopping and later became a major investor in Argentine real estate in association with Inversiones y Representaciones S.A. (IRSA).
Split into simpler sentences: In 1992, the company acquired a 25% share of the Centro Comercial Mendoza Plaza Shopping. Then PASA became a major investor in Argentine real estate in association with Inversiones y Representaciones S.A. (IRSA).