A historic field in Entre Ríos is sold for the US $ 8 million

Littoral Region

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The agroindustrial firm Cresud, controlled by IRSA, disposed of a fraction of the field in a historic establishment in Entre Ríos. The value of the sold part of the property reaches 8.6 million dollars.

As reported by the company to the National Securities Commission (CNV), it signed a sales ticket with possession of a fraction of 2440 hectares of its San Pedro establishment, which includes 1950 productive hectares of agricultural activity and its historic center." After this operation, 3580 hectares of the establishment are still in the hands of the Company.

The company did not mention the buyer but reported the amount paid for the operation. The total amount of the operation was set at US $ 8.6 million, of which US $ 6.5 million has been collected to date.

A historical stay

The field, located in the Department of Uruguay, once belonged to Entre Ríos General Justo José de Urquiza, president of the Argentine Confederation between 1854 and 1860. The caudillo had bought it in 1846.

After Urquiza's death, the ranch was inherited by his daughter Justa, married to General Luis María Campos. The field was managed by different descendants until in 2005 Cresud bought it.

The main house in San Pedro dates from 1872, although the current residence was built on the original building in 1928. Meanwhile, the guest house dates from 1911.

According to a chronicle of the Litoral Region, the rooms are decorated with various historical objects, such as paintings, porcelain pieces, tapestries from the 16th century, shields, a handwritten greeting from Napoleon III, a silver inkwell, a singing book Gregorian made of leather, 13th-century carvings, decorations, letters, furniture, and personal accessories. Outside the main house, the buildings used by those who worked the lands of the ranch are preserved, which formed almost a town within it.

It has an artificial lake, a 180-hectare park, and the neo-Gothic chapel Nuestra Señora del Carmen.

During its years of splendor, the estancia resembled a small town: there was a bakery, a grocery store, a first aid room, a car nursery, and even a school provincial number 39 that still works today.

The San Pedro ranch was considered a locality by the INDEC in the 2001 census with a total of 64 inhabitants, but it lost that category in the 2010 census.

Cresud

According to information on its website, between Argentina and countries in the region, the Cresud company manages about 800,000 hectares. Of this scale, 296,441 are productive and more than 465,353 are land reserves distributed in the four countries it operates: Argentina, Brazil, Bolivia, and Paraguay.

Regarding the agricultural business, in the 2021 campaign, it planted 259,000 hectares in the region and expects to produce "the historical record of approximately 850,000 tons of grains recorded La Nación.

Last February, Cresud got rid of a slaughterhouse in La Pampa, which has a slaughter capacity of 9,500 heads per month. In exchange for US $ 10 million, it sold Sociedad Anónima Carnes Pampeanas SA to the Lequio family, shareholder of Frigorífico Alberdi in Entre Ríos.