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Mariana Cruz

Research Analyst at BTG Pactual

Mariana Cruz is a Research Analyst at BTG Pactual, specializing in equity research with a particular focus on Latin American investment companies. She has actively participated in earnings calls for firms such as IRSA Investments & Representations, demonstrating a hands-on approach to sector coverage. Cruz began her analyst career at BTG Pactual and has built her expertise in equity research through detailed company analysis and engagement. Her professional credentials are focused on financial and equity analysis, though specific securities licenses and regulatory registrations are not publicly listed.

Mariana Cruz's questions to IRSA INVESTMENTS & REPRESENTATIONS (IRS) leadership

Mariana Cruz's questions to IRSA INVESTMENTS & REPRESENTATIONS (IRS) leadership • Q3 2022

Question

Mariana Cruz of BTG Pactual inquired about the expected recovery drivers and timeline for occupancy rates within IRSA's Class B office portfolio.

Answer

Chief Investment Officer Jorge Cruces explained that the recovery for Class B offices is mixed. He noted that buildings located in or near residential neighborhoods are performing quite well, in some cases better than pre-pandemic levels. However, Class B properties in Downtown Buenos Aires are not performing as well, and their future recovery remains uncertain.

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