South American Real Estate News
/ Month / February

A new game plan for Argentina ?

Eight years after being downgraded to a frontier market, Argentina seems poised for a turnaround, one that offers investors long-term opportunity and returns. Argentina was never so visible as when Diego Maradona led the nation’s soccer team past West Germany to win the World Cup championship in 1986. It seemed emblematic of a country on the cusp of claiming its rightful place on the global stage. Things haven’t quite gone as planned. Over the past 30 years, Argentina has dealt with bouts of economic…

Feature Analysis: Will a new team turn Argentina’s economy around in time ?

Since taking over as Argentina’s president a year ago, Mauricio Macri has implemented free-market measures in an effort to spur the economy and attract foreign investment. However, the country’s economy contracted for the fourth consecutive time in last year’s third quarter, and Macri in December dismissed his finance minister, Alfonso Prat-Gay, and split his ministry of treasury and finance into two cabinet departments. What kinds of economic policies can be expected of new Treasury Minister Nicolás…

Analysis: Latin America at the Crossroads

Today Latin America is at a crossroads, struggling between the end of a golden age and the beginning of a new order. This “great transformation” is the subject of a publication titled ‘Latin America at the Crossroads’, in which leading international scholars and experts scratch beneath the surface of such transformation to have a clearer glimpse of what the future holds for Latin America. Loris Zanatta’s introductory chapter guides the reader through a detailed overview of the manifold reasons that…

Argentina Modernizes its Rail System

image of Argentina Modernizes its Rail System
The Argentinean railroad system, after decades of abandonment, is back on course. Argentina purchased 1,200 wagons from China’s CMEC Company, which are destined for “Belgrano Cargas.” The total amount of the investment, financed with a loan, is USD 2,470 million. For its part, the investment in rolling stock is USD 807 million. Together with the acquisition of wagons and locomotives, a rehabilitation plan of 1,600 kilometers of railways has been carried out on the Belgrano line, which runs through…

Brazil to allow foreign lenders to hold land

Foreign lenders and investors are eagerly awaiting a change of law in Brazil, after finance minister Henrique Meirelles suggested they would be allowed to use land as collateral in trade finance and other loans from March onwards.< In a televised interview with local news outlet Globo, Meirelles explained that the government was ready to re-establish the right to fiduciary lien – allowing the transfer of land ownership to lenders in case of default – for foreigners by March 15. The move involves changing…

‘The 17th edition of the Latin American Business Environment Report

The 17th edition of the Latin American Business Environment Report (LABER) represents the first edition in which principal authorship was assumed by Brian Gendreau, the new director of the University of Florida’s Latin American Business Environment Program. Timothy McLendon will continue to author the legal environment section. With a new author come some changes in appearance and focus, as well as the introduction of two Latin American countries in the Caribbean (Cuba and Haiti). The most obvious change…