South American Real Estate News
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Harvard’s Endowment writes down huge losses in Brazilian Farmland

As of Q3 2017, Harvard’s endowment was valued at USD 37.1 billion. This ranked Harvard first out of 1,158 ranked university endowments in the United States. In its fiscal year which ended June 30, 2017, Harvard wrote down its natural resources portfolio 28 percent from USD 4 billion to USD 2.9 billion. This USD 1.1 billion write-down – or financial loss – occurred partly from Harvard’s…

Harvard University selling forest Investments in Uruguay

Harvard University is trying to sell timberland located in Uruguay worth about US$120 million, including a eucalyptus forest, as the endowment moves to unload natural resources assets to boost the fund’s performance, according to a report from Bloomberg. The timberland includes about 20,000 hectares of eucalyptus tree farms, according to people…