Inversiones Y Representaciones Sociedad Anónima
Inversiones y Representaciones Sociedad Anónima (mostly known for its acronym IRSA) is the leading real estate development firm in Argentina. Its controlled by Cresud S.A. (NASDAQ]CRESY in a 64%. Overview IRSA (Investments and Brokerage, Inc.) was founded in 1943. The small independent realty, based in Buenos Aires, grew slowly and, as late as 1991, had a book value of around US$120,000. That year, the firm was purchased by a partnership composed of Marcelo Mindlin and Eduardo Elsztain, the founder's grandson, who had recently obtained support from international financier George Soros.Salbuchi, Adrian. ''Eduardo Elsztain: el dueño de la tierra en Argentina''. The partnership with Soros became profitable for both parties, as the Argentine economy recovered during the 1990s from the severe stagflation of the previous decade. IRSA entered the Private equity, international equity markets with Soros' backing in 1994, raising US$110 million, and purchased three Buenos Aires offic ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Shopping Mall
A shopping mall (or simply mall) is a large indoor shopping center, usually Anchor tenant, anchored by department stores. The term ''mall'' originally meant pedestrian zone, a pedestrian promenade with shops along it, but in the late 1960s, it began to be used as a generic term for the large enclosed shopping centers that were becoming increasingly commonplace. In the United Kingdom and other countries, shopping malls may be called ''shopping centres''. In recent decades, malls have declined considerably in North America, partly due to the retail apocalypse, particularly in subprime locations, and some have closed and become so-called "dead malls". Successful exceptions have added entertainment and experiential features, added big-box stores as anchors, or converted to other specialized shopping center formats such as power center (retail), power centers, lifestyle centers, factory outlet centers, and festival marketplaces. In Canada, shopping centres have frequently been repl ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Soros Fund Management
Soros Fund Management is a privately held American investment management firm. It is currently structured as a family office, but formerly was a hedge fund. The firm was founded in 1970 by George Soros and, in 2010, was reported to be one of the most profitable firms in the hedge fund industry, averaging a 20% annual rate of return over four decades. It is headquartered at 250 West 55th Street in New York City. As of 2023, Soros Fund Management, LLC had US$25 billion in AUM. Overview Soros Fund Management is the primary adviser for the Quantum Group of Funds; a family of funds in international investments. The company invests in public equity and fixed income markets worldwide, as well as foreign exchange, currency, and commodity markets, and private equity and venture capital funds. The company is reported to have significant investments in transportation, energy, retail, financial, and other industries. Robert Soros stepped down as deputy chairman and president in June ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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1998–2002 Argentine Great Depression
The 1998–2002 Argentine great depression was an economic depression in Argentina, which began in the third quarter of 1998 and lasted until the second quarter of 2002. It followed fifteen years of Economic history of Argentina#Stagnation (1975–1990), stagnation and a brief period of Economic history of Argentina#Free-market reforms (1990–1995), free-market reforms. The depression, which began after the 1998 Russian financial crisis, Russian and Samba effect, Brazilian financial crises, caused widespread unemployment, December 2001 riots in Argentina, riots, the fall of the government, a Sovereign default, default on the country's foreign debt, the rise of alternative currencies and the end of the Argentine peso, peso's fixed exchange rate to the United States dollar, US dollar. The economy shrank by 28 per cent from 1998 to 2002. In terms of income, over 50 per cent of Argentines lived below the official poverty line and 25 per cent were indigent (their basic needs were unm ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Pampas
The Pampas (; from Quechua 'plain'), also known as the Pampas Plain, are fertile South American low grasslands that cover more than and include the Argentine provinces of Buenos Aires, La Pampa, Santa Fe, Entre Ríos, and Córdoba; all of Uruguay; and Brazil's southernmost state, Rio Grande do Sul. The vast plains are a natural region, interrupted only by the low Ventana and Tandil hills, near Bahía Blanca and Tandil (Argentina), with a height of and , respectively. This ecoregion has been changed by humans, especially since the release of animals like cattle, pigs, and especially sheep onto these plains. The climate is temperate, with precipitation of that is more or less evenly distributed throughout the year, making the soils appropriate for agriculture. The area is also one of the distinct physiography provinces of the larger Paraná–Paraguay plain division. It is considered that the limit of the Pampas plain is to the north with the Atlantic Forest and the G ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Agriculture In Argentina
Agriculture is one of the bases of Argentina's economy of Argentina, economy. Argentine agriculture is relatively capital intensive, providing about 7% of all employment as of 2013,Ministerio de Economía y Producción – República Argentina and, even during its period of dominance around 1900, accounting for no more than a third of all labor.Rock, David. ''Argentina: 1516–1982.'' University of California Press, 1987. Having accounted for nearly 20% of GDP as late as 1959, it adds, directly, less than 10% today. Agricultural goods, whether raw or processed earn over half of Argentina's foreign exchange and arguably remain an indispensable pillar of the country's social progress and economic prosperity. An estimated 10-15% of Argentine farmland is fo ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Alto Noa Shopping
The musical term alto, meaning "high" in Italian (Latin: ''altus''), historically refers to the contrapuntal part higher than the tenor and its associated vocal range. In four-part voice leading alto is the second-highest part, sung in choruses by either low women's or high men's voices. In vocal classification these are usually called contralto and male alto or countertenor. Etymology In choral music for mixed voices, "alto" describes the lowest part commonly sung by women. The explanation for the anomaly of this name is to be found not in the use of adult falsettists in choirs of men and boys but further back in innovations in composition during the mid-15th century. Before this time it was usual to write a melodic ''cantus'' or ''superius'' against a tenor (from Latin ''tenere'', to hold) or 'held' part, to which might be added a contratenor, which was in counterpoint with (in other words, against = contra) the tenor. The composers of Ockeghem's generation wrote two contr ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Art Deco
Art Deco, short for the French (), is a style of visual arts, architecture, and product design that first Art Deco in Paris, appeared in Paris in the 1910s just before World War I and flourished in the United States and Europe during the 1920s to early 1930s, through styling and design of the exterior and interior of anything from large structures to small objects, including clothing, fashion, and jewelry. Art Deco has influenced buildings from skyscrapers to cinemas, bridges, ocean liners, trains, cars, trucks, buses, furniture, and everyday objects, including radios and vacuum cleaners. The name Art Deco came into use after the 1925 (International Exhibition of Modern Decorative and Industrial Arts) held in Paris. It has its origin in the bold geometric forms of the Vienna Secession and Cubism. From the outset, Art Deco was influenced by the bright colors of Fauvism and the Ballets Russes, and the exoticized styles of art from Chinese art, China, Japanese art, Japan, Indian ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Abasto De Buenos Aires
The Abasto Shopping is one of the biggest shopping mall centers in Buenos Aires, Argentina. The building was the central wholesale fruit and vegetable market in the city ("Mercado de Abasto") from 1893 to 1984. Since 1999, it has served as a shopping mall. It is also famous for being in the area where the tango singer Carlos Gardel, known as ''El Morocho del Abasto'' ("the dark-haired guy from Abasto"), lived for most of his life. Today, the surrounding area, though part of the Balvanera barrios of Buenos Aires, neighbourhood, is sometimes referred to as ''Abasto''. The Abasto Shopping centre is served by the adjoining underground station Carlos Gardel of Line B (Buenos Aires), line B metro (subte). History By the end of the 19th century, the city of Buenos Aires was expanding rapidly due to the influx of migrants from various European countries. Because of the demographic change, and the demolition of the ''Mercado Modelo'' market near the Plaza de los Dos Congresos, Plaza Lore ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Bariloche
San Carlos de Bariloche (from the Mapuche name ''Vuriloche'', meaning "people from the other side of the mountain"), commonly known simply as Bariloche (), is the largest city in the Argentine province of Río Negro and the seat of the department of the same name. It is located in the foothills of the Patagonian Andes on the southern shore of Nahuel Huapi Lake, near the border with Chile. With a population of 135,755 according to the 2022 census, Bariloche is a mid-sized city by national standards but holds significant regional importance, being not only the most populous city in its province but also the largest in the Patagonian Andes, and the third largest in the entire Argentine Patagonia following Neuquén and Comodoro Rivadavia. Its urban zone is characterized by its low density and has an area of more than , extending longitudinally from east to west for about . Bariloche's economy is heavily centered on tourism, making it the country's third most visited destinatio ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Llao Llao Hotel
The Llao Llao Hotel is located in the tourist resort of San Carlos de Bariloche within the Río Negro, Argentina. This famous hotel is situated in the foothills of the Andes on a hill between the Moreno Lake and Nahuel Huapi lakes. Information The original hotel, designed by Alejandro Bustillo, was made almost entirely of wood and furnished by Jean-Michel Frank and Casa Comte, was destroyed by fire soon after its completion in 1939. A year later Bustillo built a new hotel out of reinforced concrete and stone, with the assistance of the German landscaping architect Hermann Botrich. It closed in 1976 due to lack of funds for maintenance. While it was closed, the hotel was exposed to robbery, vandalism and overall neglect. It was renovated and reopened in 1993 after ownership was transferred to CEI Citicorp Holdings in compensation for Argentina government bonds. The Argentinian property company IRSA acquired the hotel in 1997 for $13.3 million and later sold 50% of its stake to ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Patio Olmos
Patio Olmos is an architecturally significant shopping gallery in Córdoba, Argentina, and the city's most important. History and overview The development of a suburb southeast of Córdoba proper by developer Miguel Crisol was accompanied by a flurry of public investment. Among the first of such works was the Boys' Middle School, commissioned by Governor José Vicente de Olmos in 1906 and built by the Ministry of Public Works of the Province of Córdoba. Designed by Elías Senestrari, the renaissance revivalist building was inaugurated on November 4, 1909. Governor Olmos, who had recently died, was honored by having the school named after him. Set on the northeast corner of the intersection of three major avenues, the semi-circular school was designed to maximize classroom area, and its original capacity of 500 students was later expanded to 800. The building's condition declined over the decades, however, and a 1977 earthquake in San Juan, Argentina, though over 300 mi ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |