With Isenbeck Acquisition, SABMiller Takes A Dive Into Argentina Beer Pool

Patrick Archer competitiveness, foreign investment, lifestyle

Yesterday the world’s number two brewer, SABMiller, announced the purchase of Argentina’s number three brewer, CASA Isenbeck, in a deal valued at US$43 billion. In addition to the Isenbeck and Warsteiner brands, the purchase gives SABMiller its own plant in Argentina with 300 employees and a distribution center in Chacarita. Drinks Business Review says CASA Isenbeck will continue to produce …

From Bollywood to Tata to Gaturro, Argentina Courts the “I” in BRIC

Patrick Archer agribusiness, argentina polo, buenos aires events, foreign investment

From Bollywood in BA to the Gujarat Builders Argentina Trade Mission to Tata’s Arrival in the BA Tech District, InvestBA has charted the strengthening ties between Argentina and India in 2010. Now Financial Times says these bilateral outreach efforts are not only paying cultural dividends, the two countries are rapidly forging a two-way trade relationship worth US$3.8 billion, up 150% …

Predictions for the Real Estate Market in Buenos Aires & Argentina

Patrick Archer average prices, buenos aires events, foreign investment, real estate

With SMI, the country’s most important real estate Expo underway this week at La Rural, developers and investors are trying to make sense of the post-Nestor climate and predict the state of the market in 2011. iProfesional surveyed SMI attendees and discovered a general sense of optimism considering a weakening dollar, rising consumption and high inflation cocktail tilting the scales …

Socma & Pestana Announce New Buenos Aires Real Estate Project

Patrick Archer buenos aires events, foreign investment, real estate

A Portuguese hotel group and one of Argentina’s most influential holding companies are partnering to build a US$40 million hotel/condo golf complex on the outskirts of Buenos Aires. Pestana Hotels and Sociedad Macri (Socma) made the announcement yesterday, and the Pestana Buenos Aires Golf Club is scheduled for completion in late 2012. According to Silvia Stang with La Nacion, the …

Punta del Este Real Estate Prices Post Strong Gains

Patrick Archer average prices, foreign investment, real estate, uruguay

With less than 60 days remaining before the beginning of High Season, current land and homeowners in Punta del Este will have something else to celebrate as they ring in the New Year: Appreciation. A new study from Uruguay’s Tierras y Proyectos (TyP) shows three important trends in the average price of land in Punta del Este: it started rising …