Buenos Aires Real Estate Sales Continue Rising Rhythm

Patrick Archer average prices, foreign investment, real estate

The sale of new and existing properties continues its upward trajectory in the City of Buenos Aires after a lethargic 2009. The market recovery that began last December has gained momentum during the course of 2010 as we reported in May. Now the latest statistics from the BA Notary College show a 31.3% gain in real estate transactions closed in …

Santander Sees the Future in Argentina, Brazil, Latin America

Patrick Archer foreign investment, franchises, visionaries

If you had any doubts about where the smart money is moving globally, you might want to take a look at Grupo Santander, the largest bank in the Euro-zone and one of the largest banks in the world. In recent interviews with everyone from Bloomberg to El Pai­s, Santander officials are understandably bullish on Argentina, Brazil and Latin America in general…so …

Agricultural Exports, Farm Loans Surge in Argentina

Patrick Archer agribusiness, foreign investment, uruguay

As farmers in Argentina ride a wave of recovery, exports are booming and banks are poised to increase lending dramatically, according to Bloomberg. We’ve covered the bullish forecasts regarding this year’s corn and soy crops, and now it appears the banks have taken notice. “Banco Galicia, Argentina’s second-biggest farm lender, expects agricultural loans to increase about 40 percent this year …

Initial Pampa Offering? El Tejar Weighs Options

Patrick Archer agribusiness, foreign investment, us companies

More Buenos Aires IPO news this week on the heels of yesterday’s post regarding TGLT’s public offering ambitions. Bloomberg BusinessWeek is reporting that BA-based El Tejar is weighing an IPO in New York and taking the necessary steps to be in compliance whenever the mood strikes over the next three years. El Tejar CEO Oscar Alvarado told BBW, “We are …

Global Supply Chain Deal Benefits Argentina

Patrick Archer agribusiness, foreign investment, visionaries

This is a fascinating video that sheds light on a truly global deal, Argentina’s role in the supply chain, and China’s insatiable appetite for everything. Noble Group CEO Richard Elman sits down with Bloomberg’s Bernie Lo to talk about China Investment Corporation’s (CIC) $850 million purchase of a 15% stake in Noble. Bloomberg notes that China has an appetite for …