Argentina Bitcoins Surge In Acceptance As Inflation Hedge

Patrick Archer creative class, real estate, technology

Bitcoins, the virtual currency created by programmers in 2008, are quickly emerging as an inflationary hedge for a growing number of Argentines. In fact, Argentina now boasts the largest community of bitcoiners in Latin America. Bitcoins, An Alternative That Is Catching On As A Means Of Protecting Against Inflation is the headline of today’s article in iProfesional which features interviews …

After 3 Years of Declines, Buenos Aires Real Estate Sales Rise 11%

Patrick Archer average prices, buenos aires events, foreign investment, real estate

After 3 Years of Declines, Buenos Aires Real Estate Sales Rise 11% By Patrick Archer Buenos Aires real estate sales reversed three straight years of double-digit declines in 2015, according to new numbers released yesterday from the Buenos Aires Notary College. Residential real estate sales in the City of Buenos Aires rose 10.91% in 2015 to 37,381 total closings ending …

The Argentina Investment Report for December 01, 2015

Patrick Archer agribusiness, competitiveness, foreign investment, real estate, us companies

By Patrick Archer – @InvestBA The Argentina Investment Report for December 01, 2015 The Argentina Investment Report is a weekly snapshot of headlines regarding the country’s changing economic outlook; as well as the challenges, risks and opportunities awaiting foreign investors in Argentina.  “The First Signs of Confidence” – Clarín op-ed by Dante Sica, former national secretary of industry and mining, who says “generating confidence, that …

Buenos Aires Retail Vacancies Rise Another 15% This Summer

Patrick Archer buenos aires events, competitiveness, real estate

Retail vacancy rates rose another 15% this summer in Buenos Aires, as a combination of double-digit inflation, higher rents and unlicensed street vendors sapped the strength of calles comerciales. A new report from the Argentina Retail Chamber (CAC) says the number of retail vacancies observed during the first two months of 2015 reached 324 or 15% more vacancies than before the summer began. Another …

Buenos Aires Residential Rental Rates Climb 30% In One Year

Patrick Archer average prices, foreign investment, real estate

Residential rental rates in the City of Buenos Aires rose 30% on average during the one-year period ending November 2014, according to new data from the city’s Department of Statistics and Census. The report compares average prices for existing 2 and 3-room apartments with approximately 50 square meters (538 square feet) of living space in thirteen Buenos Aires neighborhoods. In …