EX-8.1 5 irsa_ex81.htm EX-8.1

EXHIBIT 8.1

LIST OF SUBSIDIARIES

The following table lists our subsidiaries and their jurisdiction of incorporation as of June 30, 2023:

Name of the entity |  | Country |  | Main activity |  | Stake at 06.30.2023 |
IRSA's direct interest: |  |  |  |  |  |  |
E-Commerce Latina S.A. |  | Argentina |  | Investment |  |  | 100.00 | %
Efanur S.A. (3) |  | Uruguay |  | Investment |  |  | - |
Hoteles Argentinos S.A.U. |  | Argentina |  | Hotel |  |  | 100.00 | %
Inversora Bolívar S.A. |  | Argentina |  | Investment |  |  | 100.00 | %
Llao Llao Resorts S.A. (1) |  | Argentina |  | Hotel |  |  | 50.00 | %
Nuevas Fronteras S.A. |  | Argentina |  | Hotel |  |  | 76.34 | %
Palermo Invest S.A. |  | Argentina |  | Investment |  |  | 100.00 | %
Ritelco S.A. |  | Uruguay |  | Investment |  |  | 100.00 | %
Tyrus S.A. |  | Uruguay |  | Investment |  |  | 100.00 | %
U.T. IRSA y Galerias Pacifico (1) |  | Argentina |  | Investment |  |  | 50.00 | %
Arcos del Gourmet S.A. |  | Argentina |  | Real estate |  |  | 90.00 | %
Emprendimiento Recoleta S.A. |  | Argentina |  | Real estate |  |  | 53.68 | %
Fibesa S.A. |  | Argentina |  | Real estate |  |  | 100.00 | %
Panamerican Mall S.A. |  | Argentina |  | Real estate |  |  | 80.00 | %
Shopping Neuquén S.A. |  | Argentina |  | Real estate |  |  | 99.95 | %
Torodur S.A. |  | Uruguay |  | Investment |  |  | 100.00 | %
EHSA |  | Argentina |  | Investment |  |  | 70.00 | %
Centro de Entretenimiento La Plata |  | Argentina |  | Real estate |  |  | 100.00 | %
We Are Appa S.A. |  | Argentina |  | Design and software development |  |  | 98.67 | %
Tyrus S.A.'s direct interest: |  |  |  |  |  |  |  |
DFL and DN BV |  | Bermuda’s / Netherlands |  | Investment |  |  | 99.59 | %
IRSA International LLC |  | USA |  | Investment |  |  | 100.00 | %
Jiwin S.A. (3) |  | Uruguay |  | Investment |  |  | - |
Liveck S.A. (2) |  | British Virgin Islands |  | Investment |  |  | 100.00 | %
Real Estate Strategies LLC |  | USA |  | Investment |  |  | 100.00 | %
Efanur S.A.'s direct interest: |  |  |  |  |  |  |  |
Real Estate Investment Group VII LP (REIG VII) (3) |  | Bermuda’s |  | Investment |  |  | - |
DFL's and DN BV's direct interest: |  |  |  |  |  |  |  |
Dolphin IL Investment Ltd. |  | Israel |  | Investment |  |  | 100.00 | %

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(1) | The Company has consolidated the investment in Llao Llao Resorts S.A. and UT IRSA and Galerías Pacífico considering its equity interest and a shareholder agreement that confers its majority of votes in the decision-making process.
(2) | Includes Tyrus’ and IRSA S.A.’s equity interests.
(3) | Liquidated in October 2022.