Real Estate

• Thursday, May 12th 2011 - 18:32 UTC

  Brazilian president promises land reform and distribution for family settlers

  

  Brazilian president Dilma Rousseff claimed that land reform was needed to eradicate poverty, avoid overcrowding in urban areas and as a matter of justice for the long delayed distribution of land.“

• Friday, May 6th 2011 - 06:02 UTC

  Argentina leading steelmaker clashes with government over company control

  

  A planned dividend payment by Argentine steelmaker Siderar was blocked by a judge on Thursday in the latest twist in a row linked to President Cristina Fernandez de Kirchner government's efforts to tighten control over leading companies.

• Wednesday, May 4th 2011 - 18:32 UTC

  Montevideo apartment prices surged 22% over the year, says Global Property Guide

  

  With Uruguay’s economy growing at 8.5% in 2010 and managing to skip the 2009 slowdown with a 2.86% expansion, the housing market in the capital Montevideo is going through an excellent moment according to Global Property Guide based on info from local appraisers.

• Tuesday, April 26th 2011 - 05:49 UTC

  Price of farmland in Uruguay increased on average 13% during 2010

  

  The average price for a hectare of farmland in Uruguay during 2010 increased 13% and reached 2.650 US dollars. The average farmland hectare in 2009 was 2.239 USD.

• Monday, April 25th 2011 - 07:20 UTC

  Gary Garrabrant of Equity International to attend Brazil's largest real estate event

  

  Gary Garrabrant, CEO and co-founder (with Sam Zell) of Equity International, has confirmed his presence at ADIT Invest, Brazil's biggest event in the field of real estate and tourism investment, to be held in Fortaleza from 10 – 12 May.

• Monday, April 4th 2011 - 04:12 UTC

  Russian billionaire pays 100 million USD for mansion in San Francisco

  

  Russian billionaire has paid 100 million US dollars for a mansion in the United States, one of the most expensive single-family homes sold in the country.

• Wednesday, March 30th 2011 - 05:17 UTC

  Uruguay’s farmland price jumped eight times from 2002 to 2010

  

  The number of farmland transactions and the price per hectare were up in Uruguay during 2010 according to a release from Uruguay’s Agriculture and Livestock Ministry Statistics Department, DIEA.

• Thursday, March 24th 2011 - 18:27 UTC

  US homes market faces challenging 2011 as sales plunge to new lows

  

  United States sales of new homes fell 16.9% last month compared with January and by a whopping 28% from the level of February 2010, the U.S. Commerce Department said. The February 2011 figure represents an annualized rate of 250,000 new home sales. Analysts had expected an annualized rate of 290,000.

• Thursday, March 17th 2011 - 18:04 UTC

  China will finance and build 20.000 housing units in Venezuela

  

  Venezuela signed an agreement with Chinese companies Citic Group and Industrial & Commercial Bank of China Ltd. to negotiate a 4 billion US dollars loan to finance oil and construction projects, President Hugo Chavez said in Caracas.

• Thursday, March 17th 2011 - 17:41 UTC

  Brazil real estate boom: 9.1m middle class families plan to buy in next 12 months

  

  A total of 9.1 million families plan to buy real estate in Brazil over the next 12 months which is a huge increase since the Minha Casa Minha Vida (My House, My Life) program was introduced in 2009