EX-22.1 4 irsaexhibit221.htm PUBLISHED REPORT REGARDING MATTERS SUBMITTED TO VOTE OF SECURITY HOLDERS irsaexhibit221
 
 
 LIST OF SUBSIDIARIES
 
The following table lists our subsidiaries and their jurisdiction of incorporation as of December 31, 2020:
 
 
 
 
 
% of ownership interest held by the Group
 
Name of the entity
Country
Main activity
 
As of December 31, 2020
 
IRSA’s direct interest:
 
 
 
 
 
IRSA CP(1) 
Argentina
Real estate
  79.92%
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
  91.96%
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.