South American Real Estate News
/ Month / May

Chinas´s agricultural investments in Brazil views

The New York Times Published: May 26, 2011 By Alexei Barrionuevo When the Chinese came looking for more soybeans here last year, they inquired about buying farmland in South America — lots of it. Officials in this farming area would not sell the hundreds of thousands of acres needed. Undeterred, the Chinese pursued a different strategy: providing credit to farmers and potentially tripling the soybeans grown here to feed chickens and hogs back in China. “They need the soy more than anyone,” said Edimilson…

Foreign Farm Investors in Brazil sow seeds of openness

Financial Times | 14 April 2010 By Jonathan Wheatley in Luiz Eduardo Magalhães, Brazil On the high plains around the town of Luiz Eduardo Magalhães in central Brazil it is easy to feel dwarfed by the landscape. Fields of soya, maize and cotton stretch to the horizon under immense blue skies, only the occasional tree, silo or patch of scrubby cerrado woodland giving any sense of scale. Twin-wagoned lorries laden with soya thunder along the highways. Away from the main roads, human beings are a rarity, glimpsed…

Malaysian Tamil connection to the ski resort in Las Lenas, Argentina

Las Lenas is located at an altitude of 2249 meters at the base and goes up to 3340 meters, above the tree line. The view from the top is spectacular. With this high altitude it receives more snow in comparison to the other resorts such as Bariloche and Chappelco. While ninety percent of the skiers are Argentines, there are a lot of Brasilians too. They come in chartered flights from Sao Paulo direct to Malargue. The ski resort turns into a mountain resort in summer with adventure activities such as mountain…

Southern Chile supports tidal energy developments

Community leaders in the southern coastal city of Puerto Montt this week proposed that the nation take a serious look at harnessing the energy created by tide action along Chile’s vast Pacific Ocean coast line to meet its current and future energy needs. Leaders and a local editorial page called for construction of a bridge across the Chacao channel to the nearby island of Chiloé, to be built on top of 200 tide-powered generators. The results, they say, will be 3,000 MW of power (more than HidroAysén’s…

South American nations are drafting laws to limit foreign ownership of agricultural land

The nations of Argentina, Brazil and Uruguay have united to draft laws to limit acquisition by foreigners of extensive tracts of their fertile agricultural land. Despite slight differences between them, the proposed measures are generally fairly mild. None of these three member countries of the Southern Common Market (Mercosur) – the other member is Paraguay – proposes to ban land sales to private or public foreign capital, nor to regulate land use, nor to repossess land that has already been sold. But…

The World’s Biggest Meat Producer story: Brazil´s JBS S.A.

JBS SA is the largest global beef and lamb producer and the second-largest global poultry producer. The company is the third-largest dairy producer in Brazil and the third-largest pork producer in the United States. #adp02 In the last four years JBS has participated in 13 transactions, including the acquisition of U.S. grocery-store staples Swift, Smithfield Beef and Pilgrim’s Pride. Few Americans have heard of JBS, yet it is responsible for 22% of the U.S. beef supply. Some 70% of its revenue comes from…

Argentine Polo is the latest fashion in China

Argentine Polo is the latest fashion in China Arguably better known for Eva Peron and the tango, Argentina has been a bastion of polo since the sport was popularized there by British settlers in the 19th century. China’s history with the sport goes back even farther: By some accounts, polo was the bees’ knees as far back as the Tang Dynasty (618 – 907 AD), except only imperial types played it. Thought to have originated in China and Persia some 2,000 years ago the British are credited with spreading the…

Buenos Aires is n° 2 city in the world, according to AskMen´s Top 29 Cities of 2011

  The male online lifestyle magazine chose Buenos Aires as No.2 city in the world for its Top 29 Cities of 2011. According to the poll, New York City may be “The City That Never Sleeps,” but compared to Buenos Aires, it’s dozing on the couch with a romance novel. This is the Latin-American capital of all-night revelry, with live music, sizzling tango and thousands of nubile young locals packed into the city’s megaclubs. Nobody does it the way Portenos do it: They’re out till 7 a.m. and…

Brazil supports its main world’s exporter meat industry

  The world’s largest beef producer, Brazil’s JBS announced its board agreed to boost its capital by as much as 3.48 billion Real (2.15 billion US dollars) through a private placement with Brazil’s state economic and social development bank.   BNDES, as the bank is known, will convert into stock the bonds that it bought from Sao Paulo-based JBS in December 2009 to help it finance takeovers of Pilgrim’s Pride Corp. and Bertin SA.   At the time, JBS said the bonds would be convertible into…

Palermo Place – Apart Hotel Hollywood

As of this month Palermo Hollywood now has a new player in the booming boutique hotel market.  The superbly designed 26 unit building is located on Calle Nicaragua 5865 close to all the action the area has to offer.   Palermo place is of a new generation of boutique hotels that gives individual investors a chance to cash in on Buenos Aires’ rapidly growing tourism industry.  Investors who bought units within Palermo Place are at liberty to use their property for any given amount of time per year can…

Torres Del Paine National Park, in southern Chile’s Patagonia, could more than double in size

CONAF, Chile’s National Forest Corporation, is currently working to expand Torres Del Paine to meet the latest UNESCO criteria, but such a move must incorporate private lands like Puerto Natales, Cerro Castillo, and the Milodon Cave. Early expeditions through the park began in 1879, though it was not formally created until 1959. Two decades later, the land became a Biosphere Reserve of the United Nations Educational, Scientific and Cultural Organization, or UNESCO. As definitions of the biosphere reserve…

Chile – Argentina Tunnel has Japanese Interest as Gateway to China

Japan also has an interest in the New Black Water Tunnel joining Chile and Argentina The powerful Japanese multinational Mitsubishi Corporation has been added to the list of interested parties to participate in the construction of the New Tunnel called Agua Negra informing the Argentine Foreign Ministry which has now ratified a number of new agreements with Japan . In his brief stay in Japan, Foreign Minister, Hector Timerman, met in Tokyo with Mikio Sasaki, one of the top executives of Mitsubishi Corporation…

South America seeks to regulate the food inflation driven farmland acquisition

Brazil, Argentina, and Uruguay seek to control food security by rebuffing land-buyers from Europe and Asia. Already in Uruguay, an area the size of Denmark sits in foreign hands. One of the first things passengers see when disembarking at Cuiaba airport in central Brazil is a real estate advertisement promoting arable land to foreigners. South America has some of the most productive land on the planet, and buyers have long been drawn to pastureland for cattle; fields for grains, soybeans, and sugar cane; and…

Chile promotes renewable energy investment for agriculture

Chile is taking advantage of its outstanding natural resources (wind, hydro, biomass and geothermal) for renewable generation and the Chilean government is actively promoting NCRE development by supporting private initiatives. Last week the Chilean vice agriculture minister Alvaro Cruzat announced that Chile will develop non-conventional renewable energy for agriculture to sharpen the competitiveness of its forest-agriculture-livestock products. The initiative will be promoted with clear rules to facilitate…

Brazil considering leasing farm land to foreigners to circumvent sales restrictions

MercoPress South Atlantic New Agency Report Brazil may start leasing farm land to foreigners to find a way around new legal restrictions on land sales and attract more foreign investment, the agriculture minister said. Last year, foreigners seeking to buy large plots of land began running into legal roadblocks, after the attorney general’s office reinterpreted real estate law amid concern over property speculation by overseas investors. But President Dilma Rousseff, who took office in January, is looking…