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Compare · IRCP vs NEN

IRCP vs NEN

Side-by-side comparison of IRSA Propiedades Comerciales S.A. (IRCP) and New England Realty Associates Limited Partnership (NEN): market cap, price performance, sector, and recent activity on the wire.

Summary

  • Both IRCP and NEN operate in Building operators (Consumer Services), so they compete in similar markets.
  • IRCP is the larger of the two at $6.94B, about 32.1x NEN ($216.4M).
MetricIRCPNEN
Company
IRSA Propiedades Comerciales S.A.
New England Realty Associates Limited Partnership
Price
$2.37+1.72%
$63.74-2.36%
Market cap
$6.94B
$216.4M
1M return
-
+0.00%
1Y return
-
-18.30%
Industry
Building operators
Building operators
Exchange
NASDAQ
AMEX
IPO
n/a
News (4w)
0
0
Recent ratings
0
0
IRCP

IRSA Propiedades Comerciales S.A.

IRSA Propiedades Comerciales S.A. operates as an investment arm of IRSA Inversiones y Representaciones S.A. Alto Palermo S.A. engages in the ownership, acquisition, development, leasing, management, and operation of shopping centers, as well as residential and commercial complexes in Argentina. As of June 30, 2007, it owned and operated ten shopping centers covering a total of 264,995 square meters in Argentina, including six in the Buenos Aires metropolitan area and four in the provinces of Cordoba, Mendoza, Salta, and Santa Fe; and a condominium called Torres de Abasto located in front of the Abasto Shopping Center in Buenos Aires. The company offers leases to retail tenants in its ten shopping centers; administration and maintenance of common areas; administration of contributions made by tenants to finance promotional efforts for the shopping centers; and parking lot services for visitors. The company also offers credit card consumer finance service, through the issuance of its Tarjeta Shopping and Tarjeta Shopping Metroshop credit cards, for consumers at shopping centers, hypermarkets, and street stores. It also engages in the development and sale of residential properties, and acquisition and sale of undeveloped parcels of land for future development. In addition, it engages in the development of condominiums associated with its shopping centers. The company was founded in 1889 and is headquartered in Buenos Aires, Argentina.

NEN

New England Realty Associates Limited Partnership

New England Realty Associates Limited Partnership engages in acquiring, developing, holding for investment, operating, and selling real estate properties in the United States. It owns and operates various residential apartments, condominium units, and commercial properties located in Massachusetts and New Hampshire. As of February 1, 2021, the company owned 2,892 residential apartment units in 25 residential and mixed-use complexes, and 19 condominium units in a residential condominium complex located primarily in the metropolitan Boston area of Massachusetts. It also owned a commercial shopping center in Framingham, Massachusetts; one commercial building in Newton and one in Brookline, Massachusetts; commercial space in mixed-use buildings in Boston, Brockton and Newton, and Massachusetts; and 40% to 50% ownership interest in seven residential and mixed use complexes with a total of 688 residential units, one commercial unit, and a 50 car parking lot. NewReal, Inc. serves as the general partner of the company. New England Realty Associates Limited Partnership was incorporated in 1977 and is headquartered in Allston, Massachusetts.

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