South American Real Estate News
/ Month / December

China’s Conquistadors Are Marching Across Latin America

When two elephants fight, it’s the grass that suffers. Or so says the old African proverb. But in Latin America, the grass seems to be doing rather well from the ongoing jostling between the US and China. In August El Salvador was the latest in a string of Central American countries to switch diplomatic relations from Taiwan to China. In…

Excellent Rains in Argentina’s soybean belt give expectations of a bumper 2019 harvest

Unlike last year the rains has been good in key parts of the Pampas including northern Buenos Aires, and southern Cordoba, Santa Fe, and Entre Rios provinces Rainstorms are sweeping Argentina’s soy belt, building soil moisture needed to guarantee good yields when crops blossom in February and providing some…

Sebastián Piñera tries to put Chile back on track

A former president returns, with reforms on his mind In his first term in the Moneda palace between 2010 and 2014, Sebastián Piñera, a billionaire businessman of the center-right, oversaw rapid economic growth but failed to inspire popular affection due to a lack of charisma. After an interlude in which Chile swung left under Michelle Bachelet,…

Residential Properties prices fell in USD terms for the third consecutive month in Buenos Aires

The consequence of lower demand is affecting the more affluent suburbs. Suburbs such as Puerto Madero, Retiro and Colegiales are now worth slightly less. The lower demand has also lowered the profitability of rental properties. The prices in US dollar terms of apartments in the Federal Capital appear…

IN ARGENTINA THE UPPER CLASS DOMINATED RURAL LAND OWNERSHIP

image of Arquitectura Francesa en Buenos Aires
Towards the end of 18th century, the ruling class had already consolidated it position, commonly referred to as  “Argentines oligarchy”. It is a group of families who own massive amounts of land, dedicated, especially, to livestock production, in the humid Pampa of Buenos Aires, as well as financiers and large merchants linked…

Chile drives into the future with largest electric bus fleet in Latin America

President Sebastián Piñera on Thursday unveiled the first 100 electric buses from China that will run on Santiago roads as part of an ambitious plan to revolutionize public transport system in the South American country. The 12-meter-long buses will allow the mobilization of up to 81 people – 30 seated and 51 standing…

Fitch: Paraguay, only one step away from reaching Investment grade

The Fitch Investment Grading company improved Paraguay’s credit rating so it is now positioned only one category below investment grade. For financial analysts, this consolidates Paraguay’s international image in the investor world. The new rating of Fitch ratings, which was announced yesterday, is Paraguay in “BB…

Will Argentina’s Troubled Economy Recover Next Year?

This year, Argentina’s economy unexpectedly experienced a currency rout and financial market distress that forced the government of President Mauricio Macri to seek a massive and unpopular $57 billion backstop from the International Monetary Fund, ushering in a period of fiscal austerity and sky-high interest rates. What happened? Will 2019 bring…

Good news for Uruguayan dairy farmers: exports up 17%

Uruguay’s exports of dairy products between January and November were worth 636 million US dollars, which represents a 17% increase compared to the same period last year, the National Milk Institute (INALE) announced Monday. Milk powder and butter were the products behind such a significant improvement, according to the INALE. The INALE…

The world’s leading inflation expert believes the current Argentine monetary policy changes are very positive

The American John Taylor is making reference to the inflationary goals and forecast interest rates. Taylor highlighted the planned application of zero growth in the monetary base and “first level transparency” of the local monetary authority. For the creator of one of the most…

Iberá National Park Established by Argentine Congress

A new combined protected area forms the largest nature park in Argentina On December 5, 2018, the Congress of Argentina passed legislation approving the creation of Iberá National Park, located in northeastern Argentina, ensuring the long-term conservation of the almost 395,000 acres it encompasses. Douglas and Kristine Tompkins established…

The 81 Key improvements the Argentine government have made since 2015

Three years to the day in which Mauricio Macri’s Pro-Party Administration has been in office one can list the following achievements The 81 ways in which “the government has improved the lives of the Argentines”. The text, disseminated through different press channels, begins by reflecting that “we all…

Artificial Intelligence is replacing conventional Real Estate auctions

Artificial Intelligence auctions gain momentum as the first English commercial property is sold by gAbi, the clicktopurchase® AI auctioneer In October, the world of property auctioning witnessed a significant development, with the first property sale being concluded by an Artificial Intelligence auctioneer. The property in…

The evolution and the future of organic fruit in Chile

Without a doubt, Chile’s growth in organic fruit every day grows stronger: the increase in exports, the increase in the area planted, and the diversification of products. The journey to get to this point, however, has not been easy and much remains to be done. Olmué Fruit is dedicated to the cultivation and production of organics since…

Argentina Merger & Acquisitions Agribusiness Report December 2018

Agri-Business Report Argentina Q3-2018 aims to summarize the principal activity in INVESTMENTS and M&A in Argentina for the first quarter of the year. Circulation is managed in a quarterly basis to develop relevant updated information. The investments section includes operations in Ag Finance like corporate bonds or stock offerings.…