South American Real Estate News
/ Year / 2011

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 hotel further south. One of the biggest newspapers in the United States, The New York Post, chose Chile´s Valle Nevado ski center as one of the “8 Best places…

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 years.   This is a policy, she said, based on “the traditional axis” of trans-Atlantic relations, relations with Latin America, with the Mediterranean countries and within the European…

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 are finding appeal, especially in the fixed income market. “I think the fundamental reason is valuations,” says Ricardo Maxit, chief executive…

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 in size compared to other deals the bank has done in the region—nonetheless would represent China Eximbank’s first investment in Brazil’s agriculture sector, Feng…

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 of native forests. There are currently 1.2 million hectares of cultivated forests, mainly pine, eucalyptus, willow and poplar, which are estimated to be expanded to two million…

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.   Agrifirma’s objective is to provide substantial quantities of grain and other agricultural products to help fill the growing shortage of supply in the developed and developing worlds.  The investment company believes…

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, producers and family farmers, officials said. She said the plan would require expanding the area of grain production from 34 million to 42 million hectares (84 million to 100…

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 world’s wine industry. Of the  25 International Trophies, chosen from over 12000 entries, more and more of the top prizes went to Argentina as the evening went on. First…

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 his brushes and his canvas carrying bags. What is innate talent of Zaefferer from girl had a natural inclination for drawing and painting, without the need to…

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 in the survey. The rising cost of grain prices in 2010 deterred many industrial cattle farms from focusing more animals in confinement situations. But BeefPoint…

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’, he beams with a smile when asked to which country he belonged. #adp02 Aziz has named his chateau Hana, a combination of the initials of his two daughters, wife and…

Shale oil and natural gas to be developed in Argentina’s Neuquen basin

Exxon Mobil Corp, the largest US oil company, will spend as much as 76.3 million dollars to explore and develop shale oil and natural gas in Argentina with Americas Petrogas Inc. Exxon will gain a 45% stake in Americas Petrogas’s Los Toldos blocks, which cover 163,500 acres in the Neuquen Basin, Calgary-based Americas Petrogas said in a statement Tuesday. Americas Petrogas plans to drill a well in the fourth quarter at its blocks, targeting the unconventional Vaca Muerta formation, which may hold as much…

Tax Changes for Small Businesses in Brazil

 Tax Changes for Small Businesses in Brazil By Helen Trouten Torres Brazil’s Federal program of tax incentives for micro and small businesses, Simples Nacional or Super Simples, is close to raising its threshold to increases the number of participants. The plans were launched last week by President Dilma Rousseff and are expected to be passed quickly through congress. The Super Simples system involves monthly tax and social security payments being collected through a single document thus reducing bureaucracy…

Why is George Soros Selling Gold and Buying Farmland

WHY IS GEORGE SOROS SELLING GOLD AND BUYING FARMLAND? By Mike Adams – August 14, 2011 Food prices are skyrocketing all across the globe, and there’s no end in sight. The United Nations says food inflation is currently at 30% a year, and the fast-eroding value of the dollar is causing food prices to appear even higher (in contrast to a weakening currency). As the dollar drops in value due to runaway money printing at the Federal Reserve, the cost to import foods from other nations looks to double in…

Renewed UK interest in South America

In political terms, apart from the Falkland Islands issue, UK relations with South America have been generally positive and “recent visits from U.K. government representatives hint at a renewed interest in South America”, according to Juliana Bertazzo, an associate at the London School of Economics and an associate fellow at the Institute for the Study of the Americas at the University of London. “The most significant recent event is a new rapprochement between the UK and individual South American countries…