MORTGAGE MARKET MOVES Argentines flock to banks as Milei awakens mortgage market 14-05-2024 15:06 Argentines are rushing to banks to apply for mortgages as interest-rate reductions begin to wake the home-loan market.
BLOOMBERG Real-estate mogul eyes ‘city-towns’ from Patagonia to Paraguay 12-04-2024 10:33 Eduardo Costantini, Argentine real-estate mogul who popularised gated community concept, plans to spend up to US$1.5 billion developing more in new areas.
POLITICS & COURTS Further judicial setback for Milei: Court suspends repeal of Land Law 30-01-2024 15:43 Ruling signed by judge Ernesto Kreplak, responding to a La Plata war veterans centre, preventively suspends repeal of Ley de Tierras, temporarily blocking limitless purchase of land by foreigners. by Ariel Stemphelet
UNITED STATES Billionaire Joe Lewis’ habit of tipping off staff and lover lands him in court 25-01-2024 14:15 British billionaire Joe Lewis, owner of 12,000 hectares of land near Lago Escondido, pleads guilty to charges that he gave associates non-public inside information for stock trades
HOUSING CRISIS Tenants in Buenos Aires 'desperate' amid inflation and housing crisis 15-01-2024 15:09 Argentina's housing crisis, set against a backdrop of 211% inflation per annum, with rent charges soaring and prices increasingly set in dollars, is leaving tenants feeling helpless.
BUSINESS & REAL ESTATE Ex-Soros partner surfs Argentine crisis with real-estate empire 03-10-2023 12:43 Eduardo Elsztain avoided speculative investments in stocks, bonds and derivatives as he built up his empire over the last 30 years. Now his real-estate company IRSA Inversiones y Representaciones is booming, even as Argentina enters recession.
CURRENCY WOES In distorted Buenos Aires rental market, it's dollar vs peso 02-06-2023 10:15 Renting in pesos and on a long-term basis is a titanic task in the capital, where temporary and dollar-denominated supply dominates the market.
LITERATURE Borges’ estate may pass to widow’s nephews and nieces, says lawyer 04-04-2023 17:05 Rights to Jorge Luis Borges' work and archive, guarded until last month by writer's late widow, fellow-author María Kodama, may be passed onto her nephews and nieces, reveals lawyer.
BLOOMBERG Ghost banks limp along in Argentina, staying open as costly ATMs 10-01-2023 17:44 Ghost branches — no longer serving clients who require anything beyond an ATM, but not technically closed — have become a common sight in Argentina. As customers increasingly do their banking via smartphone apps and online, providers are pushing to close physical locations. But regulators won’t let them.