Overview

• Trenes Argentinos Operaciones annulled the 2015 addendum that irregularly extended a 2005 concession for Nueva Estación Once SA through 2033
• The revoked agreement covered nearly 21,000 m², including 82 ground-floor shops, 39 mezzanine outlets and two parking facilities spanning over 11,000 m²
• Monthly fees set by the extension ranged from 197,000 to 226,000 pesos, figures officials labeled “irrisorios” given current market values
• All commercial and parking spaces will be re-tendered at market-aligned rates under President Javier Milei’s eficiencia comercial agenda
• State projections forecast rail concession revenues rising from 914 million pesos at Milei’s term start to more than 6,000 million pesos in 2025