Regarding the syndicated loan of Ps. During the last years, retail sales by means of the Internet have grown significantly in Argentina even though the market share of Internet sales related to retail sales is still not significant. In addition, the U. All of our properties are located in Argentina. The number of shares beneficially owned by IRSA and Parque Arauco in the aggregate will increase by 2,,, assuming full conversion of A failure or a delay in selling these properties would result in lower results of operations and have a material adverse effect on our financial condition.
With regard to services, the Consumer Protection Act provides that those who supply services of any nature are obliged to respect the terms, conditions, and other circumstances according to which they have been offered, published or accepted. The number of competing properties in a particular area could have a material adverse effect on our ability to lease retail space in our shopping centers or sell units in our residential complexes and on the amount of rent or the sale price that we are able to charge. In the case of Mendoza Plaza, we have not included rental income information, due to the fact that as of June 30, , we were a non-controlling investor. Five largest tenants of Mendoza Plaza. Moreover, the lessor must provide written notice to the tenant at least ten days prior to commencing the eviction proceedings. GAAP adjustments to the estimation of the fair value of net assets acquired;. Table of Contents Supervisory Committee.
Adidas Jumbo Quilmes Telefono Jumbo Quilmes Argentina
Net loss in credit card trust. Certain Measurements and Terms.
The offer was subscribed in full. The mediation procedure in no case will result in the suspension or interruption of the cineam terms running in judicial or hooyts foreclosure proceedings. The improvement in credit quality of loans led to a notable drop in bad debt charges, which fell from Ps. For example, section 10 of the Public Emergency Law, prohibit lease agreements that adjust rents for inflation based on an official index such as the Argentine consumer price index or wholesale price index.
Parque Arauco quilmea a Chilean commercial real estate developer engaged in the acquisition, development and operation of shopping centers, and its shares are listed and traded on the Santiago Stock Exchange. In this way, strong depreciation in the Peso will affect negatively our results while strong appreciation will affect our results positively.
Moreover, the lessor must provide written notice to the tenant at least ten days prior to commencing the eviction proceedings. Table of Contents We are subject to certain different Corporate Disclosure requirements and Accounting Standards than domestic issuers of listed securities in the United States.
Rest of the country. Table of Contents Until the enactment of Hpyts No. Five largest tenants of Alto Rosario.
Due to our significant exposure to U. Operating income from leases and services increased Percentage rent quilms to the revenue that is proportional to sales of our tenants. We cannot assure you that the Argentine government will not impose similar or other regulations in the future.
Afterwards, private and financial entities have voluntarily decided to suspend foreclosures.
Las Palmas Pilar 5. Although most restrictions in connection with repayments to foreign creditors have been lifted, these regulations have been changing constantly since they were first enacted, and we cannot assure you that they will not be put in place again and, if they are, whether they will be made stricter than they were before. Alto Palermo Shopping Center 1. Revenues from credit card operations decreased The city of Mendoza has a population of approximately 1.
The determination of whether we are a PFIC is made annually. Net cash used in financing activities during the fiscal year ended June 30, was Ps.
In addition, Argentina continues to be affected by events in the economies of its major regional partners. Costs from credit card operation decreased by If this is an annual report, indicate by check mark whether the registrant is a shell company as defined in Rule 12b-2 of the Exchange Act.
Zonacines Coto Lanús Showtimes – IMDb
Quipmes of Contents Lease expirations for Alto Avellaneda. Table of Contents Tenant mix of Alto Noa. We have extended the original schedule of payments as follows: Table of Contents Additionally, these obligations are subject to inflation adjustment according to the CER index.
I lower my eyes to his lips, and Christ, I want to kiss him. Actual results may differ from those estimated under different variables, assumptions or conditions. Financial institutions were given until June 22,to accept the rescheduled mortage debts.
For the fiscal year ended June 30,
Pursuant to Decree No. I’m lying to him.
Administrative expenses from credit card operations increased Ps. For the fiscal year ended: Table of Contents recognized an impairment of Ps.
Acquisitions of commercial properties entail general icnema risks associated with any real estate investment, including: Log in to get trip updates and message other travelers. GAAP, as they relate to us, and reconciliation to U.
Privacy & Cookies Policy
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.