cresud_ex991.htm

EX-99.1 9 cresud_ex991.htm SUMMARY OF INVESTMENT cresud_ex991.htm

EXHIBIT 99.1

Schedule I

The following is a summary of the Group’s investment properties as of June 30, 2023 prepared in accordance with SEC Regulation S-X 12-28 (all amounts are in millions of Argentine Pesos):

			Initial Costs				Subsequent Costs		Costs at the end of the year
	Encumbrances		Plot of land ()**		Buildings, facilities and improvement ()**		Improvements / Additions / Disposals / Transfers ()**		Plot of land ()**		Buildings, facilities and improvements ()**		Total ()**		Capitalized cost, net ()**			Fair Value adjustments			*Fair value at the end of the year ()**		Date of construction		Date of acquisition
Shopping malls:
Abasto		-		1,012		26,326		1,696		1,012		28,022		29,034		6			(3,049	)		25,991	nov-98		jul-94
Alto Palermo Shopping		-		3,887		42,437		21,600		3,887		64,037		67,924		10			(37,824	)		30,110	oct-90		nov-97
Alto Avellaneda		-		1,800		17,351		5,806		1,800		23,157		24,957		13			(7,096	)		17,874	oct-95		dec-97
Alcorta Shopping		-		1,088		12,187		3,944		1,088		16,131		17,219		-			2,122			19,341	jun-92		jun-97
Alto Noa		-		37		4,578		1,125		37		5,703		5,740		2			(1,367	)		4,375	sep-94		mar-95
Patio Bullrich		-		873		16,028		1,914		873		17,942		18,815		-			(10,603	)		8,212	sep-88		oct-98
Alto Rosario		-		3,917		1,927		5,196		3,917		7,123		11,040		(2	)		6,504			17,542	nov-04		nov-04
Mendoza Plaza		-		1,093		7,789		5,493		1,093		13,282		14,375		(5	)		(7,804	)		6,566	jun-94		dec-94
Dot Baires Shopping		-		3,339		2,430		24,251		3,339		26,681		30,020		15			(9,835	)		20,200	may-09		nov-06
Córdoba Shopping	Antichresis			399		7,148		1,532		399		8,680		9,079		3			(4,034	)		5,048	mar-90		dec-06
Distrito Arcos		-		-		-		11,309		-		11,309		11,309		-			(749	)		10,560	nov-09		nov-09
Alto Comahue		-		271		769		12,629		271		13,398		13,669		-			(7,417	)		6,252	may-06		may-06
Patio Olmos		-		823		1,533		5		823		1,538		2,361		(1	)		1,418			3,778	may-95		sep-07
Soleil Premium Outlet		-		880		2,964		2,858		880		5,822		6,702		31			762			7,495	jul-10		jul-10
Others		-		-		179		-		-		179		179		-			2,041			2,220		n/a		n/a
Shopping malls				19,419		143,646		99,358		19,419		243,004		262,423		72			(76,931	)		185,564

Schedule I (Continued)

			Initial Costs				Subsequent Costs		Costs at the end of the year
	Encumbrances		Plot of land ()**		Buildings, facilities and improvement ()**		Improvements / Additions / Disposals / Transfers ()**		Plot of land ()**		Buildings, facilities and improvements ()**		Total ()**		Capitalized cost, net ()**			Fair Value adjustments			Fair value at the end of the year *()**		Date of construction		Date of acquisition
Office and other rental properties:
Abasto Offices		-		-		-		537		-		537		537		-			722			1,259	mar-13		jul-94
Zetta building		-		2,280		-		18,018		2,280		18,018		20,298		146			36,314			56,758	dec-18		dec-18
Dot building		-		756		243		10,028		756		10,271		11,027		(25	)		7,702			18,704	sep-10		nov-06
Bouchard Plaza 551		-		358		213		-		358		213		571		-			899			1,470		-	mar-07
Others		-		1,243		2,772		192		1,243		2,964		4,207		-			2,270			6,477		n/a		n/a
Beruti 3330 paseo del sol		-		-		500		488		-		988		988		-			(282	)		706		-	may-22
Intercontinental Plaza building		-		208		2,906		1,048		208		3,954		4,162		(3	)		1,039			5,198	jun-96		dec-14
Bank Boston Tower		-		460		372		-		460		372		832		(1	)		(112	)		719	dec-14		dec-14
Phillips building		-		-		7,169		49		-		7,218		7,218		4			4,533			11,755	jun-17		jun-17
Catalinas building		-		7,169		-		14,972		7,169		14,972		22,141		31			(2,709	)		19,463		-	dec-20
Office and other rental properties				12,474		14,175		45,332		12,474		59,507		71,981		152			50,376			122,509

Schedule I (Continued)

			Initial Costs				Subsequent Costs		Costs at the end of the year
	Encumbrances		Plot of land ()**		Buildings, facilities and improvement ()**		Improvements / Additions / Disposals / Transfers ()**		Plot of land ()**		Buildings, facilities and improvements ()**		Total ()**		Capitalized cost, net ()**		Fair Value adjustments		Fair value at the end of the year *()**		Date of construction		Date of acquisition
Undeveloped parcels of land
Building annexed to Dot		-		3,509		-		-		3,509		-		3,509		-		13,090		16,599		-	nov-06
Luján plot of land		-		1,784		-		187		1,784		187		1,971		-		2,239		4,210		-	may-12
Caballito –Ferro plot of land		-		3,860		-		1,092		3,860		1,092		4,952		-		10,081		15,033		-	nov-97
Annexed to Dot plot of land		-		33		-		-		33		-		33		-		20		53		-	feb-17
Mendoza plot of land		-		58		-		-		58		-		58		-		16		74		-	dec-16
Intercontinental plot of land Tower B		-		1,767		-		2,835		1,767		2,835		4,602		-		-760		3,842		-	dec-14
Mendoza Av Este 2992 plot of land		-		-		-		356		-		356		356		-		119		475		-	mar-18
La Plata plot of land		-		1,980		-		327		1,980		327		2,307		-		-508		1,799		-	mar-18
Alto Palermo Shopping - buildable potential		-		-		-		-		-		-		-		-		5,152		5,152		-	nov-97
Patio Bullrich - buildable potential		-		-		-		-		-		-		-		-		4,863		4,863		-	oct-98
Alto Rosario - buildable potential		-		-		-		-		-		-		-		-		2,006		2,006		-	nov-04
Cordoba Shopping - buildable potential		-		-		-		-		-		-		-		-		984		984		-	dec-06
Terreno Ezpeleta (Quilmes - Nueva Costa Urbana)		-		6,875		-		-		6,875		-		6,875		-		1,057		7,932		-	may-22
Beruti N° 3345/47 esq, Coronel Diaz 2110/20		-		-		5,443		-		-		5,443		5,443		-		830		6,273		-	jun-22
Costa urbana		-		16,497		1,349		2,255		16,497		3,604		20,101		2		152,461		172,564		-	may-07
Pilar		-		106		-		-		106		-		106		-		683		789		-	jun-14
Pontevedra		-		145		-		-		145		-		145		-		312		457		-	feb-98
TERRENO SAN LUIS		-		51		-		-		51		-		51		-		58		109		-	mar-08
Terreno La Plata CELAP		-		-		-		-		-		-		-		-		2,494		2,494		-	mar-18
Paseo Colon 245 Building		-		-		1,884		-		-		1,884		1,884		-		283		2,167		-	may-23
Paseo Colon 275 Parking		-		-		42		-		-		42		42		-		45		87		-	may-23
Córdoba		-		166		-		-		166		-		166		-		573		739		-	may-15
Terreno Mendoza banderas de los andes 3027		-		35		-		-		35		-		35		-		178		213		-	apr-23
CONIL - Güemes 902 - Mz 99 / Avellaneda		-		57		-		-		57		-		57		-		155		212		-	jun-96
Neuquén - Parcel		-		423		-		-		423		-		423		-		1,838		2,261		-	jul-99
Undeveloped parcels of land				37,346		8,718		7,052		37,346		15,770		53,116		2		198,269		251,387

Schedule I (Continued)

			Initial Costs				Subsequent Costs		Costs at the end of the year
	Encumbrances		Plot of land ()**		Buildings, facilities and improvement ()**		Improvements / Additions / Disposals / Transfers ()**		Plot of land ()**		Buildings, facilities and improvements ()**		Total ()**		Capitalized cost, net ()**		Fair Value adjustments			Fair value at the end of the year *()**		Date of construction		Date of acquisition
Properties under development
PH Office Park		-		-		-		66		-		66		66		-		12			78	in progress			-
Phillips building		-		-		-		61		-		61		61		-		(61	)		-	in progress			-
Properties under development				-		-		127		-		127		127		-		49			78
Others
EH UT		-		-		-		564		-		564		564		-		43			521		-	sep-17
Others				-		-		564		-		564		564		-		(43	)		521
Total				69,239		166,539		152,433		69,239		318,972		388,211		226		171,622			560,059

(*) For the reconciliation of the carrying amount and its variations during the years ended June 30, 2023 and 2022 please refer to note 9 to the Consolidated Financial Statements. For variations during the year ended June 30, 2021 please refer to note 9 to the Consolidated Financial Statements as of June 30, 2022.

(**) Restated for inflation as of June 30, 2023.