Current News
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05 16 08
Major Expansion Approved for Vineyard Resort Development in Mendoza, Argentina >> (Press Releases)
The municipality of San Rafael, Mendoza, Argentina, has approved a major expansion plan for Algodon Wine Estates, a winery and luxury resort property in Argentina's scenic wine country. The announcement was made by Scott Mathis, Chairman of the property's developer and owner, InvestProperty Group, LLC (IPG Global Properties).
05 05 08
Argentina: Malbec becoming ‘it’ grape >> (Industry News)
Pity the poor Malbec grape in France, where it has long played only a minor role in the blending of some Bordeaux wines. It does not grow particularly well in that humid, low-lying region, and its primary use there is to empower wines that needed a bit of fortitude. Rarely, if ever, is the grape allowed to stand on its own.
05 04 08
Say buy to me, Argentina >> (Industry News)
'Paris of the Pampas,' Buenos Aires attracts Chicago's fashion aficionados. Jessica Lagrange used to love traveling to Europe to shop for designer clothes. The combination was heady: eye-catching pieces at bargain prices thanks to the strong U.S. dollar. On a 2005 trip to Argentina, she bought hand-knit sweaters, sterling silver ornaments, antique furniture and a suitcase full of clothes for her 22-year-old son. Finding new labels was one thrill, but the real charge came when she divided price tags by three. If something cost $300 in Argentinian pesos, it was $100 when it showed up on her credit card bill.
05 01 08
Where To Go On The Weak Dollar >> (Industry News)
Debbie Trevino, a travel agent at Naperville, Ill.-based Hobson Travel, who specializes in international luxury destinations, says that despite the weak dollar, she's still making sales. Airfare to Argentina, for example, is about $900 round trip from New York, but once you've landed, luxury accommodations come cheap: the Argentine peso has just one-third the value of the U.S. dollar. So a room at the Four Seasons in Buenos Aires will cost you $425 on a Saturday night, while the same room in New York rings in at $950.
05 01 08
AmpliMed Corporation Announces Start of Randomized Phase 2 Trial of Amplimexon in Pancreatic Cancer >> (Media Mentions)
AmpliMed Corporation, a cancer therapeutics company, today announced that patient enrollment is underway in a Phase 2 trial of Amplimexon® (imexon for injection) in combination with gemcitabine (Gemzar®) in patients with advanced pancreatic cancer. Amplimexon, AmpliMed's lead product candidate, is a chemotherapeutic that has demonstrated clinical and preclinical activity against a range of tumors. The trial is opening at clinical sites throughout the United States.
04 28 08
"Where in the World is Matt Lauer?" goes to Buenos Aires! >> (Industry News)
04 28 08
Buenos Aires: Tango, wine, $10 steak and more >> (Industry News)
In my book, Argentina has it all. Great topography, mountains, wines, food - and one of the few remaining destinations with a great U.S. dollar exchange rate. Yes, the dollar is still king in Argentina, where one George Washington will get you more than three pesos.
04 18 08
Argentine Wine Route: A Taste of the Good Life >> (Industry News)
On the horizon, the Andes mountains. A shorter distance away, an arid valley seared with furrows where grapevines grow. On a roadside, the minimalist building of an ultra-modern winery or the colonial mansion of a traditional winemaker. This is a postcard of Argentina. And if one looks closely at the balcony of that modern winery or at the patio of that mansion, a group of visitors can be seen wrapping up their day of sightseeing: the Wine Route attracts thousands of tourists every year.
03 29 08
Money on the Vine >> (Industry News)
The foothills south of Mendoza in Argentina have long been known as the agricultural heart that produces the country's increasingly popular signature wine, malbec. For the past three years it has also been where Americans, Canadians and Europeans looking to fulfill winemaker fantasies have taken advantage of Argentina's relatively low land prices and bought mini-vineyards.
03 18 08
InvestProperty Group, LLC Raises $11 Million From Accredited Investors to Participate in Institutional-Quality Real Estate Investments in Argentina >> (Press Releases)
Firm is Developing Luxury Hotel in Buenos Aires and Winery and Golf Resort in Mendoza; Properties Will Carry Algodon Brand Name. NEW YORK CITY (March 19, 2008) - InvestProperty Group, LLC (IPG Global Properties) has raised over $11 million from accredited investors. InvestProperty Group allows individual accredited investors to diversify from the U.S. market by participating in institutional-quality real estate investments in Argentina, and capitalizing on an emerging market.
