IRSA is an Argentine real estate company that invests, develops, and operates commercial and residential properties, primarily in the Buenos Aires metropolitan area. The company generates revenue through multiple channels: rental income from commercial and retail tenants in its portfolio of shopping centers and commercial properties; sales from real estate development and construction projects; and returns from strategic financial investments, including participation in investment funds and financing activities. Beyond its core real estate operations, IRSA maintains significant land reserves for future development and makes financial investments, including equity participations and loans to both third parties and related entities.