Company description

Cresud Sociedad Anónima Comercial, Inmobiliaria, Financiera y Agropecuaria, commonly known as Cresud, is a leading Argentinian company with diverse business interests in agriculture, real estate, and finance. The company, under the ticker symbol CRESY, has a rich history dating back to its founding in 1936 by Aaron Liberman, and has since grown to become one of the largest landowners and developers in Argentina. Cresud's agricultural operations are primarily focused on the production of crops such as soybean, corn, and wheat, as well as cattle ranching. The company has over 1.7 million hectares of land under management, making it one of the largest agricultural landowners in South America. Additionally, Cresud has made a significant investment in biofuels, aiming to reduce its carbon footprint and promote sustainable practices. In the real estate sector, Cresud has a diversified portfolio of properties, including residential and commercial real estate, shopping centers, and hotels. The company has a strong market presence in Argentina, Brazil, and other Latin American countries, and is recognized for its high-quality developments and innovative projects. Cresud also has a real estate investment trust (REIT), IRSA, which is listed on the New York Stock Exchange. Cresud's financial division offers a range of services, including insurance, banking, and asset management. The company's subsidiary, Banco Hipotecario, is