Avison Young invests in Valuation & Advisory business for Latin America operations
Max Gill and Michelle D’Artigues join as Principals in Mexico City, continue partnership to grow business line for the region Max Gill and Michelle D’Artigues join as Principals in Mexico City, continue partnership to grow business line for the region Mexico City, MX – Emile Sarraf, Avison Young Principal and Managing Director of the firm’s Mexico City office, today announced the appointment of Max Gill and Michelle D’Artigues as Avison Young Principals. Gill and D’Artigues,…
Davos 2023 backs an Argentine firm that optimises irrigation efficiency with new technology
Kilimo, an Argentine company that uses data to optimise irrigation, received solid financial support at this year’s Davos forum to continue developing a system that helps farmers in Latin America save thousands of litres of water. Kilimo, an Argentine company that uses data to optimise irrigation, received strong financial support at this year’s Davos forum to continue developing a system that helps farmers in Latin America save thousands of litres of water. The company, which advises farmers in…
The best restaurants in Latin America 2023
There are 11 Argentine restaurants within the top 50 in Latin America, according to the ninth edition of the ‘Latin America’s 50 Best Restaurants 2021: Past and Future’ awards held on Monday night. These were announced as the winners of Latin America’s 50 Best Restaurants 2023, an award sponsored by the Italian waters S.Pellegrino and Acqua Panna, who, on this occasion, following the pandemic of Covid-19 created a historical list of the best restaurants of the last 9 years, between 2013…
11 property tips when buying
My thoughts from 30 yrs in the real estate industry. Tip 1: Contact your broker, don’t wait for them to contact you – Good properties always sell, even in a challenging market. Your ability to buy the best properties that tick all your boxes comes down to your relationships with the local brokers, so take the lead and make sure they always think of you first when they become aware of that perfect property. Ask to be on their mailing list if you are not already. Tip 2: Buy when you can afford to…
We are searching for a creative and experienced Real Estate Journalist focused on South America to join our team
Qualifications: We are looking for a bilingual (Spanish/ English) freelance journalist, preferably from South America, who can write positive articles on a diverse range of subjects connected to investment in targeted real estate projects or subjects related to real estate investment in South America for our real estate news site, gtsanews.com. We will give you the subject and the project or subject we want to highlight. ie we might be selling a horticultural farm in Chile. We might need an article about that…
Top farmland investors name South America a top place to buy, lease and manage agricultural lands for profit
Farmers’ fields in South America are among the most prized assets in a new global market for agricultural land that has sprung up alongside soaring commodity prices. Private equity and fund managers at a farm investing conference in Geneva named South America a top place to buy, lease and manage agricultural lands for profit. “The South American marketplace is really booming along right now,” said Mark Zenuk, managing director of the $3 billion NGP Global Adaptation Partners fund. Black…
House Hunting in Northern Brazil Coastal Regions
A Coastal Retreat in Brazil A FIVE-BEDROOM HOUSE ON THE BRAZILIAN COAST USD 650,000 This five-bedroom house is a short walk from a white-sand beach on the northeastern coast of Brazil, about 30 miles from the popular tourist destination of Natal. Built in 2006, it is part of a small gated development of 16 homes called Quintas do Coqueiral. The 4,300-square-foot house sits on about 1.2 acres covered in palm trees and grass. Visitors enter through two large wooden doors, framed by pillars. The double-height…
South America: Canada’s forgotten continent
For years, merchants in Nova Scotia traded salt fish, lumber and potatoes for Jamaican rum and molasses. But they needed a place to barter their goods, so in 1889, the Bank of Nova Scotia opened an agency in Kingston. It was the first foray for a Canadian bank beyond Canada, the U.S., and the U.K. Next, a branch in Cuba in 1906, Puerto Rico in 1910, the Dominican Republic in 1920 and, to serve the livestock and agricultural industries, a presence in Chihuahua, Mexico, in 1934. More recently, Canada’s third-largest…
Argentine and Brazil agribusiness have an “ecological surplus”
Economist Nicolás Torre, from the IERAL Institute of the Mediterranean Foundation, published an extensive thread on the social network Twitter, highlighting that both Argentina and Brazil have a positive “ecological footprint”. That is, they have more natural resources available than those they consume annually to survive. Torre’s report came in response to accusations against South America in recent weeks. First by The President of France, Emmanuel Macron, when he said that Brazil does not…
Why did GTSA develop the vendeRAPIDO® selling process for selling real estate in South America?
There are two reasons. To speed up the selling time and maximise the properties value Current Market Realities South American real estate markets are mainly lightly regulated and highly informal. This means vendors are at a substantial disadvantage when they come to selling a property within a reasonable time frame. Traditional times of sale are measured in months and years. Consequently, transaction costs are among the highest in the world. With the globalization of real estate GTSA saw an opportunity…
Selling or buying properties in remote locations
Sellers face many of the same challenges as buyers do. Still, given current market conditions in many South American markets where we operate, we are finding the market is slow for remote properties. They are often owned as second or third investments outside their home location and are only visited once or twice a year. Each Seller’s motivation clearly varies. However, there is a broad spectrum of Sellers, from those content with fair market value and others who really don’t care what fair market value…
Selling Remote, Exclusive or Unique Real Estate is a challenge in any market but none more so than in South America
Selling prime real estate in the complicated South American markets requires many business and selling skills. It is not for the faint-hearted. Vendors have a low level of trust in traditional selling systems for a good reason. Many salespersons in the industry are part-time, untrained, and unlicensed, putting the owners at risk. Advice for the real estate broker looking to get into the Luxury Property Market Ok, you’ve just taken your first million-dollar-plus listing. After celebrating your victory…
Changing Farmland Investing Options
We think farmland as an investment is something that, in 5-10 years, will be a must in any professionally managed diversified portfolio. We are excited to be at the forefront of reporting the rapid changes in this exciting new market, which is now opening more opportunities for smaller investors via syndicates and specialised agro funds. Those smaller investors ( USD 70,000 to USD 250,000 ) seeking exposure to tangible assets with strong cash yields and low volatility have found it nearly impossible to get…