South American Real Estate News
/ Year / 2016

2016 South American Crop Report

image of South American crops
Reports of the grain harvest in South America in 2016 are most satisfactory. Although the realities of the local markets: adverse weather, high input costs and unfavourable exchange rates, do not allow us to say that all crop types have had a good year, on average they did. Below are the details, country by country. Argentina The reality in Argentina is indicated by a boom in sales of agrochemicals, fertilizers, new agricultural machinery, combine harvesters and tractors. In terms of sales of machinery, in…

Buenos Aires Silent Growth

As it happens in the 80 % of  South America most Argentines choose to live in urban areas. The city of Buenos Aires is the second most populous city in the continent and even if it is normally associated with buildings, people, traffic, noise; there is a key element that many times is ignored:  Our trees. As I lived in Europe, I was amazed by discovering that medieval cities didn’t count on having trees within their walls …  It was then, while crossing their narrow streets when I considered a famous…

Classic French Architecture in Buenos Aires

Classic French Architecture in Buenos Aires Buenos Aires’ luxury housing market can be found primarily in the more costly neighborhoods such as Barrio Parque, Belgrano, Palermo, Nuñez, Recoleta or Barrio Norte, where there is a concentration of older, stately buildings intermingled with modern, sophisticated high rises. Among the most exclusive are the Estrugamou, the Kavanagh, the Torre Le Parc Figueroa Alcorta, Chateau Libertador, Grand Bourg, and the Palacio Atucha, among others. Real estate prices at…

Trust Code Software prevents Fake Food Scams

New Zealand software has intercepted a batch of fake infant formula with ties to a Russian counterfeiting ring using a new technology called Trust Codes. Trust Codes was developed to tackle the burgeoning market for counterfeit food and has now nabbed its first fraudsters, when the scam was just a few hours old. The software uses QR codes to certify that a product is genuine. When a customer scans a code with their smart phone, the product’s origin and authenticity is instantly verified. If a fake product…

IMF says Uruguays growth increase is up 700% in 2016

The International Monetary Fund (IMF) on Thursday says Uruguay’s growth increase is up 700% this year to 0.7%, a substantial increase from the 0.1% estimated in October,  underlining the country’s resilience to the problems of its big neighbors Argentina and Brazil. Uruguay has demonstrated considerable resilience in the face of recessions in its two large neighbors. Prudent macroeconomic policies, strong institutions, and success in diversifying its markets and products within the dominant agriculture…

Confectionery giant the Ferrero Group to boost Chilean hazelnut plantings in 2017

The Ferrero Group, is one of the market leaders of the confectionery industry ( cholate coated nuts ),  and continues to strengthen its presence in the hazelnut market in order to guarantee and further improve the quality of a leading raw material that gives a unique taste to many of its popular products, such as Nutella, Ferrero Rocher and Kinder Bueno. In this regard it  has announced it will expand its Chilean hazelnut plantings next year, with total hectarage expected to pass the 4,000 mark. Ferrero…