Investor Presentaiton
RESILIENT REVENUE MODEL
ARS LINKED
TO
INFLATION
SHOPPING MALLS
Rental revenues
74%
The company collects the highest between a % of
tenant monthly sales and a minimum rent (base
rent)
Other revenues
26%
Other revenues include key money, brokerage fee,
stands, parking and non-traditional advertising
USD
LINKED
OFFICE BUILDINGS
• 3-year average term
US Dollar based
●
Rental rates for renewed terms are
negotiated at market conditions
USD
50% Fixed
74%
3-year
average term
ARS based
(inflation linked)
ARS
Base Rent
% of Tenants sales
Variable
Base Rent
Base Rent
Of total
revenues
Others
Key money
Brokerage fee
24% Variable
In advance
YEAR 1
YEAR 2
YEAR 3
Per sqm
Per sqm
Per sqm
YEAR 1
YEAR 2
YEAR 3
•
HOTELS
Revenues from Rate
USD
Revenues from food, beverage
& others
PER
ROOM
Fixed
PER NIGHT
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