South American Real Estate News
/ Month / March

2018 South American Consumption Growth Analisis

The end of the first quarter of 2018 gives us a first glimpse of 2017 sales results in Latin America’s leading markets. Across the region, consumption grew thanks to strengthening currencies, falling interest rates and rebuilding consumer confidence. With the region’s big three (Brazil, Mexico and Argentina) enjoying modest to very strong consumption growth, 2018 promises to be an even better year than 2017. To that end, below we break down some of the best-selling products and fastest-growing markets in…

Construction to Start on the International Tunnel Paso de Agua Negra in 2019

In 2019 it is planned to begin the construction of one of the most important logistics and engineering works in the continent: International Tunnel Paso de Agua Negra, which will connect San Juan with the Coquimbo region in Chile, 365 days a year. The tunnel will be the key core of the Central Bioceanic Corridor (it represents 48% of the GDP of South America) that will link 2472 km from or to the port of Porto Alegre, in the Atlantic Ocean, in Brazil with the port of Coquimbo in the Pacific Ocean in Chile.…

BlackRock Global Investment Management targets Brazil and Argentina in LatAm expansion plans

BlackRock is setting its sights on Brazil with the aim of developing and expanding its business to offer a full range of asset management services to local investors. In an interview with Citywire Americas, BlackRock’s head of Latin America and Iberia, Armando Senra, said that after becoming a key player in Mexico through the acquisition of Citibanamex’s asset management unit, its next major target was Brazil. ‘It’s not just the distribution side, now with the Citibanamex acquisition we will be a full…

The Palacio Estrugamou apartments are a reflection of Argentina’s Golden Age

“The classic and refined is sometimes associated with formality and excess. To me, it’s the opposite. In this case, the challenge was to transform that formality into something cheerful and luminous.” Said Maria Silvia Loitegui, decorator in charge of giving new life to this wonderful apartment located in a building full of splendor: the Estrugamou Palace. The gates and its ample corridors simulate the carriages ‘ entrances of the French palaces In 1924, when the construction was completed,…

Argentina: Sentiment on Argentina is running hot

Sentiment on Argentina is running hot. Really hot. Unfortunately for the optimists, sentiment isn’t the only thing running hot in Argentina. The country is experiencing its worst drought in 30 years – an event that is already causing GDP estimates for this year to get dinged. More on that in a second. But first, let’s look at the positive view: The first of these is that foreign capital is coming back to Argentina. This is certainly true. They further suggest that capitalist president Macri’s…