AND EXCHANGE COMMISSION
PURSUANT TO RULE
13a-16 OR 15b-16 OF
EXCHANGE ACT OF 1934
the month of July, 2020
Propiedades Comerciales S.A.
(Exact name of Registrant as specified in its charter)
Commercial Properties Inc.
(Translation of registrant´s name into English)
(Jurisdiction of incorporation or organization)
(Address of principal
Form 20-F ⌧ Form
check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information
to the Commission pursuant to Rule 12g3-2(b) under the Securities
Exchange Act of 1934.
Yes ☐ No
Propiedades Comerciales S.A.
ON FORM 6-K
Attached is the
English translation of the summary of the letter dated July 21,
2020, filed by the Company with the Bolsas y Mercados Argentinos and the
Comisión Nacional de
By letter dated July 21, 2020, The Company
released a material fact complementing the ones
previously published in relation to the coronavirus’
evolution (COVID-19) in Argentina, informing its
shareholders and the market in general that in compliance with the
provisions set forth in sections 2 and 10 of the Decree 605/2020
enacted by the National Executive Power, whose objective is to
continue minimizing the risks of spreading the virus and to protect
public health, the Company’s Shopping Malls located in Buenos
Aires City and Greater Buenos Aires will remain closed, operating
only in the activities that are considered essential such as
pharmacies, supermarkets and banks until August 2, 2020. Likewise,
clothing and footwear stores, whose access is through the street,
can operate as well as restaurants under “take away”
In the rest of the
country, most of the provinces keep the flexibilization and the
opening of their commercial and recreational activities. In this
context, Alto Comahue shopping center located in Neuquén
province, restarted its operations on July 17. Thereby, it joins
Alto Noa, Mendoza Plaza, Córdoba Shopping, Alto Rosario and La
Ribera Shopping, which are already operating.
Alto Comahue will
operate under a strict safety and hygiene protocol that includes
social distancing, reduced hours, access controls, among other
measures which main objective is to avoid crowds and with this, the
spread of COVID-19.
consequence of this reopening, the Company is operating all its
malls in the interior of Argentina for approximately 133,000 sqm
representing 40% of its portfolio’s GLA, with the exception
of food courts and entertainment areas in Neuquén, Cordoba and
Santa Fe shopping malls that remain closed.
Company keeps its commitment to safeguard the health and well-being
of its clients, employees, tenants, and the entire population,
constantly reassessing its decisions according to the evolving
events, issued rules and guidelines of the competent
Pursuant to the
requirements of the Securities and Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized, in the city of
Buenos Aires, Argentina.
IRSA Propiedades Comerciales
Responsible of relationship with the markets
Dated: July 21,