South American Real Estate News
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Argentine Wines – Key Growing Regions Updated

Argentine Wines – Key Growing Regions Updated Argentina’s grape growing areas are divided into three main regions that mostly follow the country’s long western border along the Andes Mountains. Northwest/Norte — High altitude Salta Meaning “very beautiful”, Salta’s vineyards are located in the desert-like Calchaquí Valley and have the Andes’ highest peaks in the background. * Vineyard altitude is 4,200 – 9,842’ * Highest vineyard in the world at 9,842’ in Colomé * Average annual…

With the largest plant in the region, SolFrut seeks to double its share of its olive oil production

With an investment of USD 14 million, the company of the Phrónesis Group of José Chediack will open in 2021 a new factory with a storage capacity of 4,000 tons By 2021, SolFrut expects to inaugurate the largest olive oil plant in South America. “If finances favor us,” said José Chediack, head of Grupo Phrónesis, an agroindustrial holding that has four companies linked to the food industry. With a total investment of USD 14 million, it expects to double its storage capacity and expects its own…

South America – ‘Biggest ever’ freehold land block up for sale

An area of Argentina bigger than the US state of Rhode Island, or the UK county of Kent, has been put up for sale in what is billed as the potentially the largest freehold block of land ever to hit the open market. An unnamed “Group”, which has owned the Estancia Punta del Agua in north-west Argentina since the 1980s, has put the 989,000-acre (375,640 ha more or less) site up for sale in what is billed as offering potential for “added value way beyond the cost of the scheme”. Whilst…
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