IRSA Propiedades Comerciales SA operates in the Nonresidential building operators sector.
In addition to historical fundamental analyses, the complete report available to purchase compares IRSA Propiedades Comerciales SA with three other
Real estate operators in North America:
RMR Group Inc
(2020
sales of $171.68 million
of which 340%
was RMR LLC),
Mainstreet Equity Corporation
of CANADA
(149.77 million Canadian Dollars [US$117.65 million]
of which 100%
was Residential housing), and
Monmouth Real Estate Investment Corp
($167.82 million
of which 100%
was REAL ESTATE INVESTMENT TRUSTS).
Sales Analysis.
IRSA Propiedades Comerciales SA reported sales of $193.76 million
for the
fiscal
year ending
June of 2020.
This
represents
a
sharp
decrease of 26.9%
versus 2019, when the company's sales were $264.94 million.
Contributing to the drop in overall sales was the 65.9% decline
in Other, from $3.06 million to $1.04 million.
There were also decreases in sales in
Shopping Centers (down 36.7% to $98.53 million)
and
Offices (down 2.3% to $38.43 million)
and
Adjustment for Colective Funds (down 23.7% to $51.62 million)
.
However, these declines were partially offset by the increase in sales of
Sales and Development (up 390.2% to $5.15 million)
.