Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]
July 24 2023 - 3:48PM
Edgar (US Regulatory)
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
6-K
REPORT
OF FOREIGN ISSUER
PURSUANT
TO RULE 13a-16 OR 15b-16 OF
THE
SECURITIES EXCHANGE ACT OF 1934
For
the month of July, 2023
IRSA
Inversiones y Representaciones Sociedad Anonima
(Exact name of Registrant as specified in its charter)
IRSA
Investments and Representations Inc.
(Translation of registrant´s name into English)
Republic
of Argentina
(Jurisdiction of incorporation or organization)
Carlos
Della Paolera 261 9th Floor
(C1001ADA)
Buenos
Aires, Argentina
(Address of principal
executive offices)
Form 20-F ⌧ Form
40-F ☐
Indicate by
check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information
to the Commission pursuant to Rule 12g3-2(b) under the Securities
Exchange Act of 1934.
Yes ☐ No
x
IRSA
INVERSIONES Y REPRESENTACIONES SOCIEDAD ANONIMA
(THE
“COMPANY”)
REPORT
ON FORM 6-K
Attached is an
English translation of the letter dated July 24, 2023, filed by the
Company with the Bolsa de Comercio de Buenos Aires and the
Comisión Nacional de Valores.
Buenos Aires, July
24, 2023 – IRSA Inversiones y Representaciones S.A.
(NYSE:IRS;BYMA:IRSA), reports that today
it sold the entire "Suipacha 652/64" office building, located in
the Microcentro district of the Autonomous City of Buenos
Aires.
The
class B building, with 7 office floors and 62 parking lots,
acquired by IRSA in 1991, has a gross leasable area of
11,465 sqm, which was vacant at the moment of the
transaction.
The
price was set at USD 6.75 million, of which USD 3 million have been
collected in cash, USD 750,000 through the delivery of 3 units in a
building owned by the buyer, with a 30-month free lease agreement
and the remaining balance of USD 3 million will be paid as
follows:
-
USD 2.5 million in 10 semi-annual, equal and consecutive
installments of USD 250,000, the first due 24 months after the
signing of the deed, with annual interest of 5%;
-
USD 500,000 through the provision of services by the
buyer.
This
sale, whose result will be recognized in the 1st quarter of FY
2024, is part of the company's strategy to consolidate a portfolio
of premium offices in the City of Buenos Aires.
SIGNATURES
Pursuant to the
requirements of the Securities and Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized, in the city of
Buenos Aires, Argentina.
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IRSA Inversiones y Representaciones Sociedad
Anónima
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By:
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/s/ Saúl
Zang
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Saúl
Zang
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Responsible for the
Relationship with the Markets
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July 24, 2023
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