South American Real Estate News
/ Month / October

New Zealand Dairy Farm in Chile milks 26,000 cows per day

The Manuka Board. Manuka S.A. was founded by New Zealand shareholders and started operating in Chile in 2005. The expertise of these farming families has given Manuka a legacy of knowledge, experience, and innovation, as well as a vision for the enormous potential of dairy production in the southern regions of Chile. Manuka a company that milks about 26,000 cows on 22,600ha of which 9,000 hectares is dedicated purely to dairy production. The most extensive of these farms is the Hacienda Coihueco near Osorno,…

Agri-business starts to lift the Argentine economy

SAN ANTONIO DE ARECO (ARGENTINA) (AFP) –  Federico Zerboni gazes out from his 4×4 as it rumbles across the pampas, fertile fields of rapeseed and soybean visible as far as the eye can see. An agri-business boom in Argentina, fueled largely by soybean and grain exports, has helped offset some of the pain of a bitter recession that forced President Mauricio Macri to call on the International Monetary Fund for a $56 USD billion bailout. Zerboni, 53, said his 6,000-hectare (14,800-acre) farm —…

Comparing prices: Argentina was among the lowest cost of living countries in the region in dollars

According to the IERAL, Argentine food prices measured in U.S. currency are well below other Latin American countries Even with a US dollar at $34, a kilo of Argentinian meat would be the cheapest in that currency among 14 Latin American countries, plus Europe and Asia; A kilo of apples would only be cheaper in Chile or Brazil. 1.5 Litres of mineral water is cheaper in seven countries; a litre of milk is more expensive in all but Brazil and Uruguay, where they cost about the same.  A litre of petrol only…

Argentina has opened up a range of sectors: New Multi-layered investment options

image of Doing business in Argentina
HEADING UP Argentina’s reforms are pushing the economy in the right direction When Mauricio Macri came to power in late 2015 and promised to fix Argentina’s distorted economy it caught the world’s attention. In the LatAm INVESTOR Argentina Report published in Q2 2016, they described how closed sectors were being opened up for international investors. Two years later we’re back with an update. Macri’s first 100 days were a whirlwind of rapid changes, as he tackled the most perverse distortions in the…

Paraguay, Peru and Chile star economies of 2018 and 2019: report

By 2019, the highest growth in the region is projected for the economy of Paraguay, with 4.3%, followed by Peru (3.9%) and Chile (3.7%), according to a report by BBVA Research. In Argentina, a “significant” recession is anticipated. The Latin American economy will grow 0.9% on average this year due to the weak performance of countries such as Argentina, Brazil, Mexico, and Uruguay, with which the expected recovery of the region will be postponed until 2019, the report said. The new projection of the Spanish…

Chile replaces Mexico as China’s largest supplier of avocados

“From 2016 to 2017, Chile exported more than 13,000 tons of avocados to the Chinese market, replacing Mexico as the largest supplier of avocado to China,” said the commercial advisor of the Chilean embassy in China, Andreas Pierotic. “We already have the government’s permission to promote the avocado in China. Our country’s fruits have a good quality and we have a very advanced preservation technology, which is why Chilean fruits have gained so much popularity among Chinese consumers,”…

What Brazil’s President-elect Jair Bolsonaro is likely to change

Congressman Jair Bolsonaro won Brazil’s presidency Sunday on promises to overhaul several aspects of Latin America’s largest nation. A glance at the top issues that are likely to change in a Bolsonaro administration: ENVIRONMENT More than half of the Amazon rainforest is in Brazil, and some environmentalists worry Jair Bolsonaro’s presidency will open it up to increased deforestation and mining. Also, some observers believe Jair Bolsonaro’s strong ties to agribusiness leaders in Congress,…

The famous Zaha Hadid brand arrives in Buenos Aires 2018

Zaha Hadid Architects, the studio that was founded by the great architect who died in 2016, was hired by the Portland group to build an important residential building in Palermo, Buenos Aires. Five months after the death of the famous British-Iraqi architect Zaha Hadid, one of the great global luminaries of this profession in the last two decades, announced the first work from her local studio in Argentina, which will also be the first in Latin America. The real estate developer Grupo Portland announced that…

Argentina growing as non-GMO soybean world supplier

Buenos Aires, October 22nd.  Argentina is going forward as a non-GMO world soybean supplier. “We estimate that non-GMO global soybean market is between 9 to 12 million metric tons, but to guarantee the identity across the supply chain is the key factor to play in this business”, the general manager of Kumagro, Diego Chillado Biaus, opines. Kumagro is an Argentine company formed 50/50 by seed company Asociados Don Mario (ADM) and farming, storage and trading company Grobocopatel Hnos. ADM has developed…

Estancia Punta del Agua – San Juan – Argentina: 1,000,000 acres for Sale – New Photos

Estancia Punta del Agua – 1,000,000 acres of Opportunities Estancia Punta del Agua 1,000,000 acres for Sale – New Photos Estancia Punta del Agua, a set on Flickr. Click on the photos to see more photos of the property Description 375,640 ha more or less or just under 1 million acres in the North West of Argentina, with potential and feasibility studies for agriculture, cattle ranching, biofuels, renewable energies, and tourism. Strategically located on the bioceaniccorredor that crosses Chile,…

Foreign Minister Jorge Faurie in London: “Argentina is building institutions”

Argentina’s Foreign Minister Jorge Faurie spoke at a conference in Chatham House about the political and economic changes happening in Latin America. Argentina is working very hard on its macroeconomic reforms, on reducing the fiscal deficit and combatting inflation, building institutions with anti-corruption practices and strengthening an independent judicial system”, Foreign Minister Jorge Faurie said, during the first seminar on Latin America hosted by Chatham House (The Royal Institute of International…

Argentina has the World’s Worst Currency: Shattering Home Buyers’ Dreams

Homes in Argentina are priced in U.S. dollars even though buyers can only take out mortgages in pesos, the world’s worst performing currency against the greenback. And that’s only where the pain begins. Argentina’s once thriving housing market — an example of its pro-business turnaround under President Mauricio Macri — has fallen victim to both the peso’s 50 percent plunge this year and soaring interest rates which exposed a convoluted property-buying process. Decades of economic booms and…

Jair Bolsonaro; New Brazilian President on Sunday..why we need change in Brazil!

Mike Smith is a long-term foreign resident of Brazil who wrote this article re the upcoming Brazilian elections. We reprinted this post as a balance to anti-Brazilian populist press that is currently making out Jair Bolsonaro to be close to a fascist or demagogue ( ie Trump ). I see the country misrepresented abroad so often. Negative coverage has been amplified in recent weeks due to the epic battle for Brazils political and economic future played out in the presidential elections as the right wing misogynistic…

Chile’s economic success was no accident

The World Bank and IMF believe that Chile’s economic success is, in large part, due to the neo-liberal, export-oriented policies adopted by the military government back in 1973 and pursued to the present. These are policies based on the underlying principle of free trade and comparative advantage, which underpin the rationale of the GATT and the international trading system. CHILE’S  ECONOMIC MIRACLE  For the European visitor, the area around Chile’s capital city is reminiscent of the southern…

Chile’s drive to reinvigorate the agricultural co-operative economy continues

‘We have a very demanding international market in terms of volume and quality, and for that small farmers have to unite in co-operatives’ Chile’s agriculture minister Antonio Walker has announced a meeting of Congress in October to explore “the best legislation to reinvigorate modern co-operatives in Chile”. Speaking at a special session on co-operatives, organised by the senator of the Los Ríos region, Alfonso de Urresti, the minister said: “Co-operatives represent the most important…