Distrito Arcos: BA’s First Outdoor Premium Outlet Opens In Palermo

[soliloquy id=”20777″] It was announced three years ago and ready to open with retail stores fully stocked and decorated several months ago, but political opposition and legal obstacles put the grand opening on hold. Now Distrito Arcos, Buenos Aires’ first outdoor premium outlet mall, is finally open to the public following the grand opening ceremony on Thursday. An appeals court …

Buenos Aires Now Among The Cheapest Real Estate In South America

[soliloquy id=”20726″] Buenos Aires real estate prices are among the cheapest in South America, according to a new report of middle and upper-class neighborhoods in major metros. Buenos Aires Has The Cheapest Properties In South America is the headline of Alfredo Sainz’ analysis in today’s La Nacion which reveals “existing apartments in Buenos Aires are 10 to 25% cheaper than …

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

[soliloquy id=”20694″] 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 …

New Report Highlights Palermo Sur Real Estate Market Activity

[soliloquy id=”20663″] New construction real estate activity in the traditional Buenos Aires neighborhood of Palermo Sur is down in terms of the number of projects but up in terms of total square footage, according to a new report from Reporte Inmobiliario. In Palermo Sur, the 76-block barrio bordered by Palermo Soho to the northwest and Almagro to the south, the total …

Buenos Aires-Colonia Bridge Construction Agreement Signed

[soliloquy id=”20407″] Plans for a 43-kilometer bridge spanning the River Plate and connecting Argentina and Uruguay took a giant step forward today with the signing of a construction agreement. The Argentina/China Chamber of Commerce (ACC) signed the agreement with China Dalian International Group (CDIG), the Dalian-based engineering and construction company that specializes in large-scale infrastructure projects outside of China. The signed agreement …