South American Real Estate News
/ Month / May

4 Major Myths about the Latin American market

At Americas Market Intelligence, our mission is to demystify Latin America for our clients, some of the largest strategic investors in the region. Over the course of 2,000+ client engagements since 1993, a handful of market myths are consistently and erroneously voiced by investors, so we thought we’d nip them in the bud once and for all. MYTH #1: ONLY A FRACTION OF THE MARKET CAN AFFORD MY PRODUCT OR SERVICE Latin America is a middle-income market, with a GDP per capita average over $10,000 USD. In contrast…

Argentina: Walnuts and hazelnuts in the lower Valley of Rio Negro

Walnut and hazelnut crops have become the most important activities in the lower Valley of Rio Negro. So much so that this region is the main producer of hazelnuts in the country and the biggest producer of walnuts in Northern Patagonia. The main walnut varieties grown are the Chandler and Franquette varieties, while the main hazelnut varieties produced are the Tonda di Giffoni and Barcelona varieties. These varieties produce the high-quality nuts demanded by the internal and external markets alike. From a…

Peru: “Piura has become famous for the quality of its produce”

“The asparagus business isn’t over” Fernando Cilloniz, the regional governor of Ica, arrived in Piura yesterday to close the International Agro Symposium (Siagro Norte) that took place in the city from May 23 to 25. He said that being there, he realized how different these lands were compared to how the news depicted them, as they seem to be determined to show the northern city as a place devastated and plagued by Dengue. The truth, however, is different. “Piura has become known worldwide…

Foreign Investors are still cautious about returning to Argentina. We wonder why ?

image of Doing business in Argentina
No matter how you look at it, investors are still hesitant or have not responded to the invitation the current government is presenting to them in the numbers that one would expect, given the opportunity that Argentina currently presents. The government of Mauricio Macri received an extremely poisoned inheritance: and although his cabinet and his speeches seduce many abroad, the burden of the past is still very heavy. And local Argentines often do not help themselves; short-term thinking rules and populism…

Brazil’s Car Wash Scandal Reveals a Country Soaked in Corruption

What may be the largest corruption case in modern history runs deep in Latin America’s largest country. In U.S. history, entire cities and states have been branded corrupt: Think Richard J. Daley’s Chicago or Huey Long’s Louisiana. But amid even the worst federal scandals, Watergate included, the country has never been nationally profiled as crooked—a venal society from coast to coast, from dog catcher to commander-in-chief. Brazil feels that way right now, largely the result of a bribery scandal of…

The Economist: Argentina’s new, honest inflation statistics

The end of bogus accounting SOME readers of The Economist may be numbed by statistics. To many others, they are the water of cognitive life. Each week at the back of this newspaper we publish official data on 42 of the largest economies in the world—with one exception. Five years ago we stopped publishing the inflation figure for Argentina produced by the government of President Cristina Fernández de Kirchner because we, and many others, thought it was bogus. We substituted an inflation number drawn up by…

Danes give Chileans a helping hand in global pork marketplace

The Chilean pork sector has made a significant further move into the global marketplace after a major deal was sealed between one of Latin America’s leading pork producers and Danish investors. Coexca SA has joined forces with the Danish Agribusiness Fund (DAF) in a $12m equity deal that will enable the Chilean producer to double its output. The agreement, finalised in Copenhagen this week, marks the largest of its kind for the Chilean pork sector, which is already one of the world’s leading pork exporters.…

Southern hemisphere farmers will struggle to meet milk demand growth over next five years

image of Argentina: Los lácteos
Southern hemisphere farmers will struggle to produce about 20 billion liters of milk needed to feed the world’s demand growth over the next five years according to Rabobank research. Rabobank dairy analyst Emma Higgins said that most of the extra supply would need to be met by the northern hemisphere. “Countries like New Zealand will really struggle to be a significant player in providing the additional milk required given they are facing challenges on-farm in the form of increasing compliance…

Argentine Agriculture Comeback

After 10 years of heavy Government intervention, policies have changed and Argentine agriculture is coming back in full force. Governments around the world intervene in their agricultural sectors, and in times of high commodities prices, many countries before Argentina introduced export retentions and “windfall taxes” to natural resource industries aiming to ensure cheap food to locals. Yet by the end of two consecutive Cristina Kirchner government periods (2007-2015), the Argentine agricultural production…

Want to escape the maddening crowds ? Try North West Argentina

Close to the small town of Cafayate is a perfect example of one family’s project to create a sanctuary away from the stresses of living in a major city. This lifestyle property is in the Colalao del Valle, Valles Calchaquíes in the Tucuman Province. The building of a Charca or lifestyle Block When the owners bought the land in January 2011, the original idea was to build a house and – maybe – several guesthouses around a vineyard, together with a pool and some communal areas as to –…

Brazilian food industry is under the microscope: probes into bribed inspections

Brazilian police on Tuesday opened two separate investigations into whether certain food companies improperly received favorable treatment from the Agriculture Ministry, the latest probe ensnaring the powerful farming sector. The probes into whether inspection procedures were relaxed for meat packing, dairy and other food companies come two months after industry leaders JBS SA  ( the world’s largest meat packing company ) and BRF SA were rocked by allegations of bribing food inspectors. The investigations…

Airbnb looks to Latin America, now its fastest-growing market

As Airbnb turns its attention to Latin America, the often-combative company is taking an unusual approach. It’s giving local governments what they want. The home and apartment-rental company said it will collect and remit taxes in Mexico City, the first such arrangement in Latin America. Airbnb will provide 3 per cent of revenue generated from bookings in Mexico City to the city’s government. Hotels there also pay a 3 per cent lodging tax to local officials. Airbnb said it intends to replicate the…

Hazelnuts Growers have a good future in South America

Why ?  Government intervention in Turkey has sent Hazelnut Internaational prices soaring. Turkey produces 75 percent of the world’s Hazelnuts, with the key growing regions concentrated along the Black Sea coast to the east of the country, all areas that voted for Mr Erdogan. There are about 4,000,000 people, directly and indirectly, dependent on the hazelnut sector in Turkey, with the nuts produced by mostly small growers. Hazelnut prices have surged almost 10 percent in the last two weeks after the Turkish…

Algodon Wines & Luxury Development Group Partners with The Eden Residence Club

Algodon Wines & Luxury Development Group Partners with The Eden Residence Club to Offer Luxury Services Exclusively to Algodon Wine Estates Homeowners and Algodon Group Shareholders New By-Invitation ‘Club of Clubs’ Comprised of The World’s Finest ‘Destination Clubs’ and Private ‘Residence Clubs’ Algodon Wines & Luxury Development Group, Inc. (OTCQB: VINO), a real estate development brand with luxury lifestyle assets and premium wines in Argentina, has partnered…

Why China is looking to increase agribusiness investment in Latin America

CHINA SPEND ON AUSTRALIAN AGRIBUSINESS HAS TRIPLED IN ONE YEAR China’s investment in Australian agribusiness has tripled in just a year as China strives to meet rising demand for high-quality food among its growing middle class. In 2016, Chinese companies invested $1.2 billion in Australian agribusiness – three times 2015’s investment of $375 million – says a report from financial services provider KPMG and the University of Sydney. The report, Demystifying Chinese Investment in Australia,…