South American Real Estate News
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Union Agriculture Group (UGA)

The Uruguayan Union Agriculture Group (UGA) may have got its timing wrong in buying El Tejars farm assets in Uruguay it seems in hindsight. The seller was El Tejar who was one of the largest rural players in South America and took the opportunity to sell all its Uruguay farms ( 67,000 ha ) as it thought the market had peaked to its larger competitor UGA. UGA can now…