Argentina economic and financial activity Best answer on the web

Posted in: darrelrussell.com edit
08 Jan 2009
  • I am trying to find recent (within the past 12 months) market research
    reports for the following sectors in Argentina:

    1) the construction of multi-storey residential apartment buildings in
    Buenos Aires.
    2) the real estate sector in Buenos Aires
    3) capital markets, financial liquidity and access to credit in Argentina

    I have been unsuccessful in finding such reports but am confident that
    they exist. For purposes of clarification, by market research reports
    I am referring to reports available for purchase from companies that
    do such primary research.

    Note, I am requesting market research reports because I think it
    should be relatively easy to find these. More generally, I am simply
    intersted in finding out the details of the sectors I referred to
    above. If it turns out that there are reports available that are both
    easy to find and free, even better.

    Thanks.


  • I also forgot to tell you:
    you should definitely look for the annual reports and comments of the major argentinian players. You know -listed companies are bound to inform their shreholders of their expectations and so they would often comment and predict based on the existing market situation. Thus many Annual Reports would also contain the data. Take this example. IPSA Inversiones y Representaciones Sociedad Anonima (BCBA: IRSA) is the largest real estate company in Argentina. Find the English version of their site - http://www.irsa.com/areadocumentosing.html and download the annual report for 2005 (zipped). There are lots of comments on the market development even in the first pages - in the Letter to the shareholders... There is a macroeconomic context analysis, a construction industry analysis and so forth.... just read it :)


  • Antontodorov,

    I wish I had your email to thank you directly, but, thank you, for your extremely detailed comments. I found them extremely useful, in addition to being motivating. Thanks so much for your time and your good suggestions.
    Brad


  • Hi
    I suppose there are numerous researches on this topic. Yet, before looking for them, if I were you, I would rather create a research and analysis of my own. -
    First start with the statistical figures from the national statistical instite. The latest indicators in English are given here (november 2005) http://www.indec.mecon.ar/indec/ingles/eng_ISAC-ud.xls. You will also find a link to the Spanish version of the data in the same file. Now visit this link. You will notice that it is pretty easy to understand the relevant information in Spanish, (I personally do not use this language). If in trouble, all you will have to do is just translate a word or two in each file (use google trans - ://www.google.com/language_tools?hl=en ) to see what data there is. This should take not more than 10 minutes. --------------------
    If however you already have that info and you need a ready-made research, here are some suggestions:
    On the 16 January 2006, Corporate Argentina, (a newswire monitoring the Argentinian marketplace) gave the following extract from La Naci n - Econom a, under the headline: Argentina: House prices to keep rising this year
    " Most of real-estate companies and developers forecast that house prices will keep rising in 2006, at least in the most demanded neighborhoods of the Federal District. Despite over one million square meters of apartments are to be inaugurated in the next twelve months, second-hand house prices are likely to register an increase of up to 10%. Rises in new houses will be higher and could reach 20%. Properties in neighborhoods like Barrio Norte, Recoleta, Belgrano, Caballito, Palermo and Puerto Madero, the most demanded areas of Buenos Aires, are to report the highest rises. This abstract is provided by Internet Securities, Inc. So I suppose that you could go directly to http://www.securities.com/ and ask for the relevant data there. ****
    BONUS: ((: A COOL PLACE TO FIND THE DATA :))
    One more interesting place to search for information are the most active international players at that market. If you look for famous names you will defintely find what you are looking for. For example, Colliers recently issued a report on Buenos Ajres which was commented in the 29 November issue of Dow Jones Commodities Service. It starts like this... The average leasing price for premium office space in Buenos Aires is projected to rise 42% between 2005 and 2008, while vacancies are expected to drop to a historic low, according to an annual report released Tuesday by international real estate brokerage firm Colliers. Unfortunately I have the data, but cannot provide it directly. But, if you are still interested, rather than reading the article, just go to the following site :)
    http://www.colliersmn.com/prod/cclod.nsf/LocalResearch/5E422378A31533A585256D96004F7EF5
    How does this look to you?

    Buenos Aires Industrial Report Jul 2005
    Buenos Aires Office Market Jul 2005
    Reporte de Locales Buenos Aires 2o Trimestre 2005
    Buenos Aires Q1 2005
    Buenos Aires Office Market Review 2004
    Buenos Aires Industrial Market July 2004
    BsAs Retail Market Q2 2004
    Office Market Buenos Aires Q2 2004
    Buenos Aires Office Market Q1 2004
    Buenos Aires Retail Market 2003 - 2004

    Do bother to open the Spanish language analyses as well. Because they also contain an English version.

    Hope this answers your question :)
    Can find for much more. But would rather stop here...
    BYE AND BESTS