Argentinan Construction Knowledgeable, Ruben Rojkes

Family comes initial, that is why we tend to build family-oriented projects.

1. What obstacles did you face in the first years of your business?

The dearth of owned capital, I had to encourage investors and banks to hitch my comes, however in order to tempt them I had to offer them an necessary participation in the Real Estate business. It had been exhausting but it positively helped me in the beginning.

2. What’s one method in that operating a business these days is the identical as fifteen years ago, and one approach in that it is different?

When the activity began it absolutely was within the year ninety two (My son Diego Rojkés was born, nowadays he’s an architect!). At that stage, Argentina was rising from a hyperinflation and it had ten years of exchange stability, where one could finance a project in US bucks without any risk for the buyer or the seller. It had been easier than now, a lot of predictable.

It absolutely was a period in Argentina when mortgage loans existed and it was easier and less risky to finance, get materials and pay wages.

These days it is very difficult for people to simply accept financing in greenbacks, there are continuous changes in costs, salaries, services, and one is trying for an index of activity that allows us to finance purchasers and continue working. In my case is the CAC, that is an index of worth variation of the Argentine Chamber of Construction

As of today mortgage credit does not exist in Argentina.

3. What are Ruben Rojkés’s future goals for the business?

We tend to are about to begin the development of 2 Countries in Tucuman, and we have a tendency to are launching and newly started four new buildings. We tend to are evaluating some projects in Buenos Aires. Now that I have the assistance of my youngsters, we will most likely take on the challenge. We tend to are also working on new projects on the agricultural livestock field.

4. How has the real estate sector developed in Tucumán within the last ten years?

It has had its highs and lows, that’s the means Argentina is. You have to be told to play in these conditions thus you do not build mistakes area. It was a success.

5. What are the areas of Argentina that have grown the most in recent times?

I suppose Buenos Aires is during the lead. However areas like Cordoba, Santa Fe, Tucumán, Mendoza aren’t so much behind.

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