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 …