JPMorgan Chase Announces Global Service Center In Buenos Aires

Patrick Archer buenos aires events, competitiveness, creative class, foreign investment, global rankings, real estate, technology, us companies, visionaries

JPMorgan Chase & Co. (NYSE: JPM) yesterday announced the opening of a new global service center in Buenos Aires pointing to several positive factors like cheap real estate, a convenient time zone and a highly skilled labor force which helped the Argentine megacity trump other South American metros like Bogota, Santiago and São Paulo. JPMorgan Opening A Regional Center With 1,000 Professionals is the headline of Javier …

VanityBA: Argentina Footbal Hits A New Low At The Bombonera

Patrick Archer arts & entertainment, buenos aires events, vanityba

Last night’s highly-anticipated match between crosstown rivals River Plate and Boca Juniors is being referred to by the local press this morning as “the worst of football” (La Nacion), “a historic laughing stock” (iProfesional), and “a national shame” . It’s one thing when your fans demonstrate their “passion” by destroying a downtown McDonald’s, but firing tear gas into the visiting team’s tunnel prior …

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 Taxi Drivers, Industry Divided Over Mobile Apps

Patrick Archer ba government, buenos aires events, competitiveness, creative class, foreign investment, lifestyle, technology, tourism, us companies

Buenos Aires residents and visitors are the beneficiaries of a new wave of technology designed to make calling a taxi easier, faster and more transparent. And while many Buenos Aires taxi drivers have been early adopters of mobile apps, the industry they work for is not exactly giving new technology un abrazo grande. The Complicated Relationship Between Buenos Aires Taxi Drivers …

Buenos Aires Real Estate Sales Hit Lowest Level In 30 Years

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

Real estate activity in the City of Buenos Aires fell for the third consecutive year making 2014, a year when over 800 real estate offices closed their doors, one of the slowest years in three decades. According to the Buenos Aires Notary College, the total number or residential real estate closings in the Argentine capital fell to 33,694, a 6.2% …