IRSA Inversiones y Representaciones S.A. reported fiscal 2026 net income of ARS 420,977 million for the year ended June 30, 2026, up from ARS 261,911 million in fiscal 2025. Adjusted EBITDA from its rental segments rose 1.4% year over year to ARS 317,725 million, driven by improved results in the Offices and Hotels segments. Shopping mall revenue and Adjusted EBITDA remained broadly aligned with inflation. The company’s shopping mall portfolio grew to 18 assets spanning more than 410,000 square meters of gross leasable area (GLA), following the acquisitions of Al Oeste and Los Gallegos Shopping. IRSA said Al Oeste’s conversion into Oeste Outlet and construction of Distrito Diagonal in La Plata are expected to be completed during the next fiscal year. Its Premium Office portfolio remained fully occupied, while a new 15,350-square-meter GLA office building began development at Polo Dot, designed to expand and integrate with the Zetta building, with Mercado Libre as its main tenant. IRSA also advanced infrastructure and commercialization at Ramblas del Plata, its largest mixed-use project, executing five new land-swap agreements during the year and two more after year-end. The project has commercialized 20 lots to date. Financial activity included issuing Notes totaling USD 230 million, distributing cash dividends with an approximately 10% dividend yield and completing the warrant program issued in 2021. Market capitalization was approximately USD 1,306 million as of June 30, 2026, based on 84,611,592 GDS priced at USD 15.44 each. The company will hold its fiscal 2026 results conference call on Sept. 8, 2026.