News
World Trade Center Complexes Expand in Brazil, Blending Beachfront Living and Mixed-Use Design
1+ hour, 27+ min ago (438+ words) Brazil · Real Estate —WTC Sinop Investment A planned 10-tower complex in Sinop will see R$1.5 billion invested over 10 years, signaling confidence in large-scale, long-term development outside major capitals. —Multi-Use Integration New WTC projects like the one in Uberlândia combine residential,…...
Dior Opens Its Largest Latin American Store in São Paulo
1+ day, 1+ hour ago (763+ words) —The store. Dior is opening its largest Latin American store in São Paulo this month. —The size. At about 1,000 square metres, it more than doubles the brand’s current space. —The first. It is the first store in Brazil to gather…...
Botswana, the World's Diamond Capital, Pivots to Critical Minerals
1+ week, 5+ day ago (915+ words) —The pivot: Botswana, long the world’s leading diamond producer, is pushing into copper, nickel and cobalt. —Why now: Cheap lab-grown diamonds have hit prices and dented an economy built on the gems. —BHP’s move: The mining giant BHP is committing…...
Richemont's Record Year Can't Shake Its China Risk
3+ week, 2+ day ago (994+ words) SOUTH AFRICA · MARKETS —Record year: Richemont, controlled by South African billionaire Johann Rupert, posted revenue of €22.4 billion ($24.2 billion) for the year to 31 March 2026, up 11% at constant exchange rates. —Profit jump: Net profit rose 27% to €3.5 billion ($3.8 billion), beating analysts who expected…...
Foreign Buyers Are Snapping Up Rio Studios, and Rents Are Climbing
3+ week, 4+ day ago (960+ words) Brazil · Real Estate —The shift. Foreign owners have jumped from about 2 percent to nearly 18 percent of one manager’s Rio studio clients in three years. —The scale. That is roughly 1,620 small apartments now in international hands, with more sold every month....
Colombians Lead 14% of Miami International Real Estate Buyers
1+ mon, 2+ week ago (391+ words) LATIN AMERICA · REAL ESTATE —The headline: The Colombian Miami real estate investment flow accounted for 14 percent of all international home buyers in South Florida during 2024 per MIAMI REALTORS data, the largest single-country share in the region. —The acceleration: Colombians led…...
Mercedes Opens a US$110 Million Truck Plant in Argentina
1+ mon, 2+ week ago (676+ words) —The plant: Mercedes-Benz opened a new truck and bus factory in Zarate, Argentina, backed by US$110 million. —The first in years: It is the first auto-sector plant built from the ground up in Argentina in 15 years. —The output: It will…...
Uruguay Punta del Este: US$1.17B in Luxury Real Estate Sales in H1 2025
2+ mon, 3+ week ago (1048+ words) —Punta del Este is being positioned as Latin America’s dominant luxury wealth hub, anchored by the US$500 million Cipriani Ocean Resort Club Residences & Casino opening its first phase in 2026. —Luxury beachfront homes trade at US$7 million to US$20 million; prime…...
Odebrecht's Last Crown Jewel Is Changing Hands
4+ mon, 6+ day ago (707+ words) Richard Mann is an experienced journalist with a specialty in global markets, economic trends, and theoretical analysis. With a career focused on delivering expert insights and clear reporting, he is recognized for covering financial developments, policy analysis, and the underlying…...
Billions Are Pouring Into Caribbean Luxury Hotels
4+ mon, 3+ week ago (327+ words) The Caribbean is building like it hasn’t in years, and this time the money is chasing luxury, not volume. Across the Dominican Republic, Belize, and Costa Rica, billions of dollars in new hotel investment are reshaping the region’s tourism model…...