By letter dated March 17, 2015 the Company informed that its subsidiary IRSA Propiedades Comerciales S.A has opened today the Shopping Alto Comahue in the city of Neuquén in the south of Argentina.
Alto Comahue, the shopping Nº 15 of the portfolio and the 6th that our subsidiary owns in the interior of the country is located at Dr. Ramón St. & Provincial Route Nº7, at a short distance from downtown city.
Alto Comahue Shopping has a total Surface of 35,000 sqm and 10,000 sqm of gross leasable area, approximately 1,000 parking lots and an important entertainment space. The mall offers 130 stores with the most exclusive brands of the country. Includes 6 cinemas and a thematic restaurant that will open in the next months.
The building is composed of 3 floors: the subsoil for parking and services area: the ground floor, with 5,100 sqm of retail, and the 1st floor with 720 sqm of food court with unique sights to the city and 2,700 sqm of retail.
The project is part of a mixed used complex including a supermarket under operation and 2 additional plots of land. One of them for a hotel development and the other one, of 18,000 sqm, for a future residential development.
The investment made by IRSA Propiedades Comerciales S.A in Alto Comahue Shopping has reached the sum of ARS 250 million and it will generate 2,500 direct or indirect jobs, including tenants and suppliers.