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01 JUN

COVID-19 in Argentina, June 1st, 2021

The Company released a material fact related to the COVID-19 in Argentina

By letter dated June 1, 2021, the Company informs its shareholders and the market in general that, in compliance with the provisions set forth in Decree 334/2021 enacted by the National Executive Power, the shopping centers located in Buenos Aires Metropolitan Area continue with their operations suspended until June 11 inclusive, only operating those activities considered essential such as pharmacies, supermarkets and banks, while the rest are working only with delivery or take away modality.


Likewise, the shopping centers located in the interior of the country, except those located in the province of Santa Fe, returned to their operations under strict safety and hygiene protocols, with different opening hours and working modality by type of business, according to the provisions of each province.


As of today, approximately 30% of the Company's portfolio in terms of gross leasable area is operational.