South American Real Estate News
/ Month / September

Chilean/Swedish group subscribe usd 1.354 billion for the construction of a pulp plant in Uruguay

  Arauco owns 50% of the Montes del Plata project in partnership with the Swede-Finish corporation Stora Enso which in planning to invest 1.9 billion dollars in the plant for an annual production of 1.3 million tons of pulp.   The credit package includes a 454 million dollars loan from the Inter American…

UK magazine names hotel in Torres del Paine Park among top 100 best in the Americas

The prestigious British magazine Condé Nast Traveller has nominated the Hotel Salto Chico in Chilean Patagonia among the Americas and Caribbean best hotels. The ranking was done by the readers of the magazine who nominated the world’s best hundred hotels based on service and exotic passion to travel. Over 25.000…

Brazil soars in clean energy rankings

Brazil soars in clean energy rankings With almost half of its energy supply generated by renewable sources, Brazil increasingly looks like a positive example for the rest of the world. By Robin Yapp | The Daily Telegraph There is an old joke that says Brazil is the country of the future – and always will be. But with rapid economic growth, the government…

Brazil to be among top destinations of foreign investment

  Brazil will be one of the main destinations of foreign investment next year, a study released Wednesday by the country’s Institute of Applied Economic Research (IPEA) said. According to the International Perception of Brazil Monitor study, the indicator that measures the likelihood of Brazil receiving foreign investment rose…

New York Post names Chilean ski resort a top destination

New York Post names Chilean ski resort a top destination Chile’s central and southern regions are home to a wide variety of ski centers which receive thousands of visitors each season (between June and October). You can go skiing or snowboarding for the day at one of the ski centers just outside Santiago or spend a few days at an all-inclusive…

Spanish corporations have 130 billion dollars invested in Latin America

Foreign Minister Trinidad Jimenez emphasized this week the growing relevance of Spain in Latin America, where Spanish firms have made 130 billion Euros worth of investments.   Addressing members of the Lower House of Parliament, Jimenez praised Prime Minister Jose Luis Rodriguez Zapatero foreign policy during the past 7 1/2…

Is Argentina a risk worth taking ?

  Argentina is a frontier market with an unpalatable tendency for suffering economic crises and political instability. But it is also one where risk-takers can reap rewards. By Jude Webber | Financial Times #adp02 That is why, despite the warning signs of economic overheating and inflation expected to climb to around 30 per cent this year, institutional investors…

China´s state-owned EximBank to invest in Brazil´s agriculture

Export-Import Bank of China, a state bank with a mission to promote trade between China and the rest of the world, is in talks to provide about $200 million in financing to one of the largest agricultural companies in Brazil, a top bank official said on Wednesday. The potential deal with Amaggi Exportacao e Importacao—relatively small…

Argentina’s forest industry potentialities and challenges

According to recent industry estimates, over the next 10 years between 60 and 80 billion dollars will be invested for the development of the forestry industry in South America. Argentina, due to its optimal ecological conditions, is expected to become a major player focusing much of that interest. Argentina has about 30 million hectares…

Brazil’s private equity firm ABF partners with farmland investor Agrifirma to launch new joint venture

  Agrifirma is a modern farmland operating and development company, founded in 2008 by financier Lord Rothschild, corporate raider Jim Slater and hedge fund manager Hugh Sloane. The company produces coffee, cotton, corn and soybeans in South America farm fields with state-of-the-art technology.…

Argentina aims to produce 160 million tons of grain by 2020

According to the strategic plan (known as “PEA”) recently announced by President Cristina Kirchner, Argentina aims to produce 160 million tons of grain, amounting to $100 billion in exports, by 2020. The plan has been developed by representatives from 23 provinces, 53 universities, agricultural schools, business associations,…

Argentine wines big winners at Decanter World Wine Awards

Argentina has triumphed at the Decanter World Wine Awards, winning the most International Trophies of any single country in the history of the competition. The Decanter World Wine Awards were presented at a dramatic dinner and ceremony in the Paul Hamlyn Hall at the Royal Opera House Covent Garden last night, attended by the cream of the…

Adriana Zaefferer – Artista Real en Argentina

# Adp03Adriana Zaefferer knows no masters painting or art schools, either contests or prizes. “The truth is I’m not interested; for me, I just like to paint, “says the interviewee in the meeting at his home in San Isidro, while a trio of purrs around cats and she apologizes for newly arrived holiday South Argentina and does not even…

Brazil´s JBS leads the way on feedlot livestock

  JBS SA led the way in 2010 in total cattle in feedlots with 168,772 animals, according to the survey. The company moved up from third in BeefPoint’s cattle confinement rankings from 2009. BRF Brasil Foods, which ranked ninth in cattle confinement among the top 50 sector businesses in 2009, moved up to sixth in 2010. Marfrig did not participate…

More foreigners investing in vineyards in Mendoza

Aziz Abdul has come a long way from his humble background in Asia to build a sprawling wine chateau in this beautiful Andean nation that is home to star footballers like Digeo Maradona and Lionel Messi. Born to a Tamil father and a half-Vietnamese mother, Aziz can speak fluent Spanish and Vietnamese. ‘I am a foreigner in any country’,…