South American Real Estate News
/ Month / December

Argentina continues with its infrastructure boom in 2019

Energías Renovables en Argentina
Although in 2018 infrastructure spending will fall in inflation adjusted terms, there will be more funds for long-term projects in the following year which is an election one.  The spending could still be even higher if PPP (Private and State) agreements currently being negotiated are concluded successfully. With the strategy of producing a funnel that focuses all the states resources to be fully deployed in a final sprint, where the government will reduce spending next year in real terms the investment…

Chile learns to harvest its formidable solar power opportunities

image of El futuro de los alimentos
The silence at El Romero is deceptive. Broken only by the ambient hum of transformers and with almost no humans in sight, there is nevertheless plenty going on beneath the surface of the giant solar panels that cover 280 hectares of the arid mountain landscape of northern Chile. About 200 megawatts per hour pulse from Latin America’s largest solar power station into nearby transmission lines that stretch more than 600km south to the capital Santiago from its location in the Atacama Desert, one of the driest…

Chile turns to Piñera to lead economic recovery

Sebastián Piñera, Chile’s billionaire former president, won the presidential election on Sunday, returning to the office he held from 2010-14 in the latest swing to the right in Latin America. The 68-year-old former airline magnate — whose anticipated victory propelled the local stock market to record highs this year after six years of stagnation — received 54.5 per cent of the vote, leaving his center-left rival Alejandro Guillier, a former television anchor, with 45.5 per cent, after 92 per cent of…

New Zealand genetics sought after says one South American expert

Argentinian genetic importer/exporter Luis Balfour says New Zealand pedigree stock is attractive to his clients in South America as New Zealand breeders provided the ”best package” of desired traits. Mr Balfour has been involved with importing and exporting cattle between Argentina, Paraguay, Uruguay, Chile, Canada, the US, Great Britain, South Africa, Australia and New Zealand for more than 30 years. More recently he has also dealt with sheep, goats, semen and embryos. ”I work with my son…

Economic Snapshot for Latin America

Recovery accelerates in Q3  Economic growth in Latin America sped up in the third quarter, as the long-awaited recovery takes hold. Preliminary data reveals that regional GDP expanded 1.7% annually in Q3, above Q2’s 1.1% rise and the strongest rate of growth since Q1 2014. Recovering confidence, accommodative financial conditions, rising commodities prices and a healthy global backdrop drove the region’s economic performance in Q3, as the economy puts last year’s recession firmly behind it. Taking a…

BrasilAgro owned by Argentine based Cresud is getting push back from forest Clearing

BrasilAgro business model focuses on acquisition and transformation of Cerrado savanna into farmland. Its model relies on adding value to land by transforming underutilized or unproductive lands. This process of transforming land requires it to deforest native Cerrado vegetation. The value of BrasilAgro’s farmland portfolio increased by 146 percent in the last 10 years. Between 2012 and 2017, BrasilAgro has deforested 21,690 hectare (HA) of Cerrado vegetation. Most of the clearings took place at four…

Chile legal advice when making contracts

LEGAL ADVICE WHEN DEALING WITH MINING COMPANIES BANK GUARANTEES In Chile, it is very rare to come across a mining contract that does not have a bank guarantee that either guarantees the quality and operation of the goods and/or services provided, guarantees the faithful compliance of the contract, or guarantees the performance of the goods or services provided. Some contracts will even impose all three guarantees. This type of bank guarantee in Spanish is known as a boleta de garantia. It is a bond issued by…

Argentina is leading the way in sustainable dairy farming

With the inauguration of its huge biodigester in Santa Fe, Adecoagro adds the production of its energy needs from cow manure. The projected change of the milk paradigm has now become a reality. With the inauguration of its new biodigester, completed this week, the cowshed of Adecoagro in Christophersen (south of Santa Fe) closes the circle of sustainability in dairy farming. It is the missing link to consolidate a true paradigm shift in Argentine milk production: high productivity based on a complete confinement…