ART

re­vives art col­lect­ing

M Style - - Contents - Text: ED­I­TO­RIAL DEPART­MENT

We fo­cus in on Madrid’s ARCO fair and the city it­self, where the group’s ho­tels are com­mit­ted to sup­port­ing the arts.

Madrid’s In­ter­na­tional Con­tem­po­rar y Ar t Fair has be­come an es­sen­tial event for Span­ish and Latin Amer­i­can ar t.

This year’s aim was to boost busi­ness trans­ac­tions at the fair it­self, and to set the stage for the next edi­tion—to be held from 20 to 24 Fe­bru­ary—in which Peru will be the guest

countr y of hon­our.

ARCO madrid is about to cel­e­brate its 40th an­niver­sary. Over the years the fair has been ma­tur­ing, which is re­flected in its re­cep­tion of vis­i­tors—mu­seum di­rec­tors, cu­ra­tors, crit­ics, col­lec­tors and art lovers from around the world—who are al­ready ac­cus­tomed to book­ing a few days in their diaries in late Fe­bru­ary for the event. One of the fo­cal points of ARCO madrid is the abun­dance of Latin Amer­i­can art, rep­re­sent­ing 68% of the in­ter­na­tional pres­ence ac­cord­ing to data from the fair, which reached 100,000 vis­i­tors this year.

In the lat­est edi­tion, ARCO madrid has achieved its ob­jec­tive: invit­ing vis­i­tors to be­come more fa­mil­iar with con­tem­po­rary art and dis­cover that there are af­ford­able pieces, lead­ing to an in­crease in art col­lec­tion at the fair. Thanks to the healthy re­cov­ery of the Span­ish art mar­ket, this was a mem­o­rable edi­tion of ARCO madrid, with sales re­turn­ing to their 2008 lev­els.

Se­lected works in­cluded his­tor­i­cal van­guards, con­tem­po­rary clas­sics and mod­ern art. A to­tal of 208 gal­leries from 29 coun­tries ex­hib­ited paint­ings, sculp­tures, in­stal­la­tions, pho­tog­ra­phy, video pieces, new me­dia, draw­ings and en­grav­ings. Sev­eral es­tab­lished gal­leries were present, in­clud­ing Alexan­der and Bonin and Team, from New York; Thad­daeus Ropac, from Paris; Bar­bara Thumm; Chan­tal Crousel; Hauser & Wirth; and Michel Rein. There were also gal­leries at­tend­ing the event for the first time, such as Guido W. Bau­dach; König Ga­lerie; Mon­i­tor; and Van Doren Wax­ter, among many oth­ers.

Thanks solely to the In­ter­na­tional Buy­ers and Spe­cial Guests pro­grammes or­gan­ised by ARCO madrid, 300 col­lec­tors and 200 pro­fes­sion­als from more than 40 coun­tries vis­ited the fair.

In ad­di­tion, an­other ini­tia­tive, 'Me com­pro una obra', (I’ll buy a piece of art) had an im­pact on works cost­ing less than €5,000 (marked with a la­bel). It mo­ti­vated many vis­i­tors to buy pieces from artists of their own gen­er­a­tion for the first time, thus help­ing those artists to con­tinue cre­at­ing.

Along the same lines, the Fun­dación Banco San­tander’s im­ple­men­ta­tion of the First Col­lec­tors ad­vi­sory pro­gramme for the pur­chase of works be­came the per­fect tool for these buy­ers, along with the vir­tual plat­form artsy.net, which of­fered the pos­si­bil­ity of ex­plor­ing the works show­cased at the fair through its web­site and the Artsy app. The Young Col­lec­tors pro­gramme also ex­tended an in­vi­ta­tion to 30 young in­ter­na­tional col­lec­tors.

WHAT’S GO­ING TO HAP­PEN ISN'T THE FU­TURE

For the first time, ARCO in­cor­po­rated the con­cept of ‘The Fu­ture’ as a start­ing point for re­search. Cu­ra­tors Chus Martínez, Elise Lam­mer and Rosa Lleó se­lected 19 artists and 19 gal­leries to pro­pose their ideas of the fu­ture as a kind of train­ing, in or­der to ad­dress the thought pro­cesses of artists from dif­fer­ent gen­er­a­tions and coun­tries and the chal­lenges they pose. Par­tic­i­pants hailed from around the world: from New York, Bor­to­lami; from Río de Janeiro, A Ge­nil Car­i­oca; from São Paulo, Nara Roesler; from Paris, GB Agency; from Ber­lin, Gre­gor Pod­nar; and from Vi­enna, Emanuel Layr.

Artists dis­cussed ‘The Fu­ture’ in terms of an ef­fort, of a con­tin­u­ous ex­er­cise of recog­ni­tion, of pro­duc­ing spa­ces, of imag­i­na­tion, and of avoid­ing com­mon top­ics and vi­sions of life. Artists who pre­vi­ously tack­led this sub­ject, such as Sal­vador Dalí and Július Koller, were also present in some way, as were the vi­sions of Lili Rey­naud-De­war, Maryam Jafri and Ed­uardo Navarro.

THE ARTISTS THAT SELL

Among the most strik­ing in­sti­tu­tional and cor­po­rate pur­chases at this edi­tion were those ac­quired by the ARCO Foun­da­tion, val­ued at 175,000 eu­ros and funded by pro­ceeds raised at the ARCO Foun­da­tion Din­ner at the Royal The­atre. The Foun­da­tion bought pieces by Amalia Pica of König Ga­lerie; Ar­mando An­drade Tudela of Fortes d´Aloia & Gabriel; Laure Prou­vost of Car­lier Ge­bauer; Lili Re­naud-De­war of Emanuel Layr; Yor­gos Sa­pountzis of Bar­bara Gross; Francesc Ruiz of Es­trany-de la Mota; and Eva Fábre­gas of Ten­der­pixel. They will be­come part of the ARCO Foun­da­tion Col­lec­tion, housed in the CA2M Cen­tro de Arte Dos de Mayo in Madrid.

As is tra­di­tion, the Museo Na­cional Cen­tro de Arte Reina Sofía also ac­quired works from a to­tal of 23 artists in­clud­ing Rosa Barba, Pa­tri­cia Esquiv­ias, David Bes­tué, María Ruido, In­mac­u­lada Sali­nas, Al­gir­das Seskus, Joachim Koester, Án­gels Ribé and En­gel Leonardo, to­gether val­ued at 224,480 eu­ros.

DKV Se­guros bought works by June Cre­spo of Car­reras Mug­ica; Blanca Gra­ciaof Án­ge­les Baños; Mar Guer­rero of For­ma­to­co­modo; Rubén Grilo of Nogueras Blan­chard; Fed­erico Miró of F2 Galería; and Car­los Fernán­dez-Pello of Gar­cía | Galería, among oth­ers.

The Helga de Alvear Foun­da­tion ac­quired the piece 'Pavil­ion for show­ing rock' by the artist Dan Gra­ham (Hauser & Wirth), val­ued at $500,000, as well as the work of Car­los Bunga (Alexan­der and Bonin) and Chema Madoz (Elvira González).

The María Cristina Masaveu Peter­son Foun­da­tion bought pieces by Por­tuguese artist Pe­dro Cabrita Reis (Juana de Aizpuru). Sev­eral works were also sold by the May­oral gallery, in­clud­ing ‘256 B’ by Luis Feito for 30,000 eu­ros, among oth­ers.

Le­an­dro Navarro sold the sculp­ture ' Mére et en­fant' by Bal­tasar Lobo, which reached a price of 330,000 eu­ros.

The Helga de Alvear gallery also sold pieces, such as 'La revo­lu­tion será fe­me­nine’ by Mar­cel Dzama for 44,610 eu­ros.

At Leon To­var, the piece ' Escrit­ura Verde Su­pe­rior' by Jesús Rafael Soto was sold for more than 800,000 eu­ros. At the Maru­ani Mercier gallery, pieces by Pe­ter Hal­ley and Mau­r­izio Cat­te­lan were sold at prices of up to 150,000 eu­ros. Elba Ben­itez (Madrid) sold pho­to­graphs by Ibon Aran­berri, among oth­ers. Michel Rein (Paris) sold an in­stal­la­tion by Chilean artist En­rique Ramírez for 25,000 eu­ros. The Marl­bor­ough gallery also sold works by An­to­nio López for 315,000 and 90,000 eu­ros.

El Di­ablo (2011), a piece from the Michel Rein galler y, par t of ARCO 2018’sgen­eral pro­gramme.

Be­low, some of the work ex­hib­ited in the sec­tion ‘What is go­ing to hap­pen is not The Fu­ture’, by the New York ar tist Bor to­lami,among oth­ers.

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