South American Real Estate News
/ Month / August

My favourite videos of Buenos Aires recently upgraded suburb “The Retiro”

image of Arquitectura Francesa en Buenos Aires
The name Retiro means ‘the Retreat’, the name of a country house owned by a Spanish governor in the late 17th century. Today, Retiro is, for most people, synonymous with two newly renovated train stations and the principal bus station in Buenos Aires. Mitre is a British-built station (look out for plaques of the British material suppliers) dating back to 1915 and was inspired by London’s Crystal Palace. Between the crowds, you can glimpse its rebuilt glory. Every morning thousands of commuters from the…

Peru’s mining bonanza spurring growth, and new investment

Peruvian President Pedro Pablo Kucyznski, visibly frustrated by the lack of progress in infrastructure and other investment projects during his first year in office, has pledged to get the economy moving with a public spending spree. Now, a windfall driven by surging mining exports looks set to make that possible. Peru’s first half export revenue rose 27% to US$20.486bn, led by a 28% increase in metals exports to US$12.265bn, while crude oil and natural gas sales soared 84%, according to the central bank.…

With confidence in the future Algodon Wine Estates doubles its land holdings in Mendoza

Algodon has just announced that the Algodon Group has acquired an additional 2,088 acres (845 hectares) of land directly adjacent to the existing property at Algodon Wine Estates in San Rafael in Mendoza. This land acquisition has more than doubled the size of their existing estate, from 2,050 acres (830 hectares) to 4,138 acres (1,675 hectares). This is an exciting step for them, marking a significant expansion of their real estate holdings. The new land gives them the flexibility and space needed to expand…

Chile Political Overview: Elections and its economy

It can be difficult for foreigners to find information (in English) regarding the upcoming elections in Chile. BNamericas has recently released a new report that outlines political risk in different Latin American countries. The aim of the report is to track and put into perspective all political news that impacts the real economy. Below we have summarized some of the main points from the report:. Chile is Latin America’s most stable country but is going through a challenging period marked by low growth…

Argentine economic activity grew by 4% in June as the economy recovers

The INDEC ( Argentina Statistic Department ) reported the Monthly Estimates of Economic Activity, which in June recorded the highest rate of expansion of the new Macri government era. Economic activity began to accelerate growing by 4% on a year-on-year basis, the highest monthly rate recorded to date under the management of President Mauricio Macri, driven by construction, general industry, and the financial sector, according to the National Institute of Statistics and Censuses ( INDEC ). [gview file=”https://www.gatewaytosouthamerica-newsblog.com/wp-content/uploads/2017/08/ÍNDICE-GENERAL-DE-ACTIVIDAD-IGA-1.pdf”]…

Agri-Business M&A Report for Argentina

Agribusiness Report Q2-2017 reflects the continued high level of activity in investment projects from Q1 but fewer M&A transactions in Argentina. As mentioned before, there is an increase in agricultural companies looking to finance working capital and investment plans through local financial markets. As the months develop in 2017, the political factor will play a protagonist role in investment decisions due to the national mid-term elections and the yet unclear economic recovery. The assumptions determined…

Argentina’s Primary Elections Show That Macri’s Anti-Populism Can Win

image for Argentina 2017
Except in times of war, few politicians have achieved great electoral success by telling voters to sacrifice living standards today for the sake of a better tomorrow. But in a surprising turn of events, voters in Argentina have just given an unexpected endorsement to this message, which has been the guiding logic behind the anti-populist policies of President Mauricio Macri. On Sunday, Argentina held primary elections ahead of the Oct. 22 midterm legislative polls. It wasn’t supposed to be a very momentous…

PARAGUAY TODAY – Land of opportunities

Paraguay atrae inversiones desde Uruguay
Paraguay: A Land of Opportunity in the Heart of South America Paraguay is unlike any other country. It is a magnificent country to discover, easy to live in, with a rich fauna and flora, as well as its history. A country with 6.8 million inhabitants, located in the heart of the South America, a Mediterranean country bordered to the north by Brazil and Bolivia, the east by Brazil and Argentina, the south with Argentina and to the west with Argentina and Bolivia. It is divided into two regions, the East and the…

Why did the the War of the Triple Alliance (Brazil, Argentina, and Uruguay against Paraguay) happen?

Paraguay, unlike Uruguay, had a thriving economy at the time. This called to the attention of Brazil and Argentina, who wanted to keep the economic dominance of the La Plata River for themselves. Aside from this, ships which wanted to arrive at Cuiabá (capital of Mato Grosso, Brazil) had to travel through Paraguayan territory because there was no inland access. And Paraguayan government began to make the travel difficult. Things became tougher when, in April 1864, Brazilian minister José Antônio Saraiva…

Argentina likely to reach Lithium Superpower Status Amid Battery Boom

If all projects go ahead, output would reach 165,000 tons/yr Argentina says CITIC among companies wanting to mine lithium Argentina has some good news for Elon Musk’s Tesla Inc. and bad news for lithium producers elsewhere: the country may be about to flood the market with lithium. After President Mauricio Macri removed currency and capital controls and taxes introduced by his predecessors, about 40 foreign companies began to consider opportunities in Argentina’s mining industry, more than half of those…

Irradiated and Modified: Foods of the Future Reach the Supermarkets

New food products created with artificial intelligence and or processed to last longer are arriving in the Argentine supermarkets; The question is who will bear the extra cost of marketing. Mayonnaise without eggs, milk, and yogurt but made with vegetables, meat irradiated long life, are some of the foods that will be seen in Argentine supermarkets soon and that will force the consumers to learn to distinguish between them on the shelves. In principle, the idea behind the companies responsible for these launches…

Pedro Kuczynski – Peru’s business friendly President

If you were creating the ultimate market-friendly president for an emerging economy with good growth prospects, your end product would probably look a lot like Pedro Pablo Kuczynski. Princeton and Oxford-educated, well-connected, honest and armed with pro-growth policies, Kuczynski’s election was warmly received by investors. However, his first year in office has proved that paper credentials don’t always result in real life success. His Peruanos por el Kambio party holds just 17 seats in the 130 member…

Algodon Wines & 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  Algodon Wines & Luxury Development Group, Inc, a real estate development brand with luxury lifestyle assets and premium wines in San Rafael, Argentina, has partnered with The Eden Residence Club to offer luxury services exclusively to Algodon Wine Estates homeowners and Algodon Group shareholders. The Eden Club, located…

A New “Shopping Paris” Mall in the Ciudad del Este, Paraguay exceeds expectations

Shopping China: Winner in Cannes Best Shopping Frontier of the World 2016   This four-storied mall called “Shopping Paris” is a new sensation in Ciudad del Este for locals and foreigners alike. It is located only 300 m from the customhouse, and you can easily park your car there for free in this all glazed beautiful building (80,000 m2 of shopping). The shopping is tax-free for non-Paraguayans making it a magnet for nearby Brazilians and Argentines shoppers. On top of that, the prices are…

The Buenos Aires suburb of Retiro prepares for change

While the city awaits the pending tendering of eight parcels of prime land, the ongoing progress of the Bajo Underpass and the recent restoration of the Historic Retiro train station marks the beginning of a change in the characteristics of this historic neighborhood with its increasing gentrification. The neighborhood of Retiro has and is changing its characteristics: The Paseo del Bajo will allow it to gain about six new blocks in an area in which there was no land available to build in the heart of popular…