LIST OF SUBSIDIARIES
The following table lists our subsidiaries and their jurisdiction of incorporation as of September 30, 2020:
% of ownership interest held by the Group | |||
Name of the entity | Country | Main activity | As of September 30, 2020 |
IRSA’s direct interest: | |||
IRSA CP(1) | Argentina | Real estate | 80.65% |
E-Commerce Latina S.A. | Argentina | Investment | 100.00% |
Efanur S.A. | Uruguay | Investment | 100.00% |
Hoteles Argentinos S.A.U. | Argentina | Hotel | 100.00% |
Inversora Bolívar S.A. | Argentina | Investment | 100.00% |
Llao Llao Resorts S.A.(2) | Argentina | Hotel | 50.00% |
Nuevas Fronteras S.A. | Argentina | Hotel | 76.34% |
Palermo Invest S.A. | Argentina | Investment | 100.00% |
Ritelco S.A. | Uruguay | Investment | 100.00% |
Tyrus S.A. | Uruguay | Investment | 100.00% |
U.T. IRSA y Galerías Pacifico(2) | Argentina | Investment | 50.00% |
IRSA CP’s direct interest: | |||
Arcos del Gourmet S.A. | Argentina | Real estate | 90.00% |
Emprendimiento Recoleta S.A. | Argentina | Real estate | 53.68% |
Fibesa S.A.(3) | Argentina | Real estate | 100.00% |
Panamerican Mall S.A. | Argentina | Real estate | 80.00% |
Shopping Neuquén S.A. | Argentina | Real estate | 99.95% |
Torodur S.A. | Uruguay | Investment | 100.00% |
EHSA | Argentina | Investment | 70.00% |
Centro de Entretenimiento La Plata | Argentina | Real estate | 100.00% |
Pareto S.A. | Argentina | design and software development | 69.69% |
Tyrus S.A.’s direct interest: | |||
DFL and DN BV | Bermuda’s / Netherlands | Investment | 97.04% |
I Madison LLC | USA | Investment | — |
IRSA Development LP | USA | Investment | — |
IRSA International LLC | USA | Investment | 100.00% |
Jiwin S.A. | Uruguay | Investment | 100.00% |
Liveck S.A. | Uruguay | Investment | 100.00% |
Real Estate Investment Group V LP (REIG V) | Bermuda’s | Investment | �� |
Real Estate Strategies LLC | USA | Investment | 100.00% |
Efanur S.A.’s direct interest: | |||
Real Estate Investment Group VII LP (REIG VII) | Bermuda’s | Investment | 100.00% |
(1)
Includes interest held through E-Commerce Latina S.A. and Tyrus S.A..
(2)
The Company has consolidated the investment in Llao Llao Resorts S.A. and UT IRSA and Galerías Pacífico considering its equity interest and a shareholder agreement that confers it majority of votes in the decision making process.
(3)
Includes interest held through Ritelco S.A. and Torodur S.A.