Buenos Aires Class A Office Vacancies, Absorption Both “Healthy”

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

Average vacancy rates are rising in the Buenos Aires Class A office market but they are still healthy compared to other South American metros, according to the latest quarterly report from Colliers International. With A Decline In Rents, The Crisis Reached the Office Market is the headline of Alfredo Sainz’ analysis in La Nacion which shows average Class A rents …

Buenos Aires Commercial Office Space Is Officially Cheap

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

Buenos Aires commercial office space is officially cheap…and not just compared to London, Hong Kong and Moscow. That’s a given. Now Class A office space in Buenos Aires is cheap compared to most major metros in Latin America. Buenos Aires, With Very Cheap Offices is the headline of Alfredo Sainz’ analysis in La Nacion which pegs the average price per …

Local Banks Investing Millions On Buenos Aires Office Space

Patrick Archer buenos aires events, foreign investment, real estate

At a time when Argentine companies have limited options regarding transferring profits abroad, two of Argentina’s largest banks are making major investments in Buenos Aires AAA office space. BBVA Banco Frances will invest US$220 million to acquire 23 floors in the recently announced Catalinas Norte project. Upon completion in 2015, the new 33-story office tower at the corner of Cordoba …

Buenos Aires Office Space Costs 50% Less Than Sao Paulo

Patrick Archer aruba, average prices, competitiveness, real estate

This according to a new report from Colliers International analyzing the average cost of prime office space in major Latin American markets. The average price of Class A office space in Buenos Aires is US$29 per square meter or US$2.77 per square foot placing BA third in Latin America right behind Bogota¬†(US$33 per m2 or $3.06 per square foot) and …

Buenos Aires Office Space A Bargain for Brazilian Companies

Patrick Archer aruba, buenos aires events, competitiveness, foreign investment, real estate

The affordability that makes Buenos Aires so attractive for Brazilian tourists is also luring more Brazilian companies here to establish national and regional offices. A new report from Colliers International Brasil examines the average cost per square meter of office space in several Brazilian cities compared to Buenos Aires and other major metros worldwide. The Newspaper of Sao Paulo headline …