JPMorgan Chase Announces Global Service Center In Buenos Aires

[soliloquy id=”21088″] 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 …

Buenos Aires Residential Rental Rates Climb 30% In One Year

[soliloquy id=”20825″] 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 …

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 …