CRESYNasdaqReal EstateUS GAAP · USD

Cresud S.A.C.I.F. y A

Cresud Inc. is the U.S.-listed holding company for a diversified Argentine group active in agricultural operations and urban property and investment businesses. Through its subsidiaries, it owns and develops farmland, operates agricultural production activities, and holds interests in urban real estate assets, including shopping centers, offices, hotels, and development properties.

Liiketoiminta

Osuus liikevaihdosta
Agricultural business45 %

Includes farming, livestock, and land-based agricultural operations across the group.

Shopping malls28 %

Retail property ownership and leasing income from shopping centers.

Offices6 %

Office property leasing and management within the urban property portfolio.

Sales and developments7 %

Property sales, development projects, and related urban real estate activity.

Hotels and other properties14 %

Hospitality assets and other investment property holdings.

Asiakkaat

Cresud serves two broad customer groups: agricultural counterparties tied to farming and land use, and urban real estate tenants, buyers, and partners. In property, income is driven by retailers, office tenants, hotel operators, and development-related buyers or joint-venture participants. In agriculture, the business is exposed to commodity-linked buyers and counterparties within the broader agribusiness value chain.

Retail tenants

Retailers leasing space in shopping malls and pay for location, foot traffic, and visibility.

Office tenants

Companies leasing office space for business operations in urban properties.

Hospitality operators

Hotel operators and related users that generate occupancy and service revenue.

Real estate buyers and partners

Parties buying developed properties or participating in development and investment structures.

Agricultural market counterparties

Buyers, suppliers, and partners tied to crops, livestock, and land-based operations.

Strategia

Cresud’s strategy is built around combining agricultural asset ownership with urban real estate investment and development. The model allows the group to hold long-duration land and property assets while also monetizing selected assets through sales, leasing, and joint ventures. Its competitive position depends on land quality, property location, and the ability to manage cyclical commodity and real estate markets.

Optimize agricultural land and production assetsKeskipitkä aikaväli

Land ownership and farming activities are core sources of long-term value.

Strengthen urban property cash flowKeskipitkä aikaväli

Leasing and occupancy income provide recurring earnings and asset support.

Monetize development pipeline selectivelyLyhyt aikaväli

Property sales can crystallize value and fund future investments.

Maantiede

Cresud’s operating footprint is centered in Argentina, where both its agricultural activities and much of its urban property portfolio are based. The group also has exposure through related investments and shareholder structures in the wider Southern Cone, but the disclosed core business remains anchored in Argentina. This geographic mix ties performance to Argentine property demand, local agricultural conditions, and macroeconomic and currency volatility.

Riskit

Cresud is exposed to agricultural volatility, real estate occupancy and pricing cycles, and the valuation risk inherent in investment properties and farmland. Because the group operates in Argentina, inflation, foreign exchange swings, and regulatory uncertainty can materially affect reported results and asset values. Its use of derivatives, fair value measurements, and contingency provisions also creates earnings variability and judgment risk.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Agricultural cycle and commodity volatility1Investment property valuation swings2Argentina inflation and currency exposure3Derivative and fair value volatility4Contingencies and legal claims5
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Agricultural cycle and commodity volatilityVaikutus: KorkeaTodennäköisyys: Korkea

    Farm output, crop prices, and livestock economics can change quickly with weather and market conditions.

    Kohdistuu: Agricultural business

  2. Investment property valuation swingsVaikutus: KorkeaTodennäköisyys: Korkea

    Fair value movements on malls, offices, hotels, and development assets can materially affect earnings.

    Kohdistuu: Urban property and investment business

  3. Argentina inflation and currency exposureVaikutus: KorkeaTodennäköisyys: Korkea

    The group reports in an inflationary environment and is exposed to peso volatility and purchasing-power effects.

    Kohdistuu: Argentina operations

  4. Derivative and fair value volatilityVaikutus: KeskitasoTodennäköisyys: Korkea

    Commodity derivatives and financial instruments can produce large gains or losses from period to period.

    Kohdistuu: Commodity and financial hedging

  5. Contingencies and legal claimsVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    Lawsuits and other contingencies can require charges and create uncertainty in reported results.

    Kohdistuu: Provisions and legal matters

Kirjanpito

Harkinnanvaraiset erät
Fair value of investment properties

Shopping malls, offices, hotels, and development assets are remeasured through fair value, affecting earnings and asset values.

Vaikutus: Can drive large gains or losses in reported profit

Commodity derivatives

The group records gains and losses on commodity derivative instruments tied to agricultural exposure.

Vaikutus: Creates period-to-period volatility in operating results

IAS 29 hyperinflation accounting

Inflation restatement changes comparability of balance sheet and income statement amounts in Argentina.

Vaikutus: Affects equity, profit, and historical trend analysis

Contingencies and legal provisions

Lawsuits and other contingencies are recognized based on estimates of probable losses.

Vaikutus: Can materially alter operating expenses and liabilities

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 28.9.2026

Cresud S.A.C.I.F. y A (Nasdaq) – Real Estate | Analyysi – Clarifo