South America’s Most Livable Cities: Buenos Aires & Montevideo

Patrick Archer competitiveness, foreign investment, global rankings, lifestyle, us companies

While global mergers and acquisitions are based largely on perceived synergies and potential bottom line impact, a very human-oriented discussion typically emerges once the deal is done. Who do we send from the Home Office to manage the new foreign subsidiary? How is the quality of life there vis-a -vis the U.S.? And, of course, what is an appropriate compensation …

Uruguay Real Estate Closings Rise 18% With One-Third of Sales in Montevideo

Patrick Archer average prices, foreign investment, real estate, uruguay

Earlier this month InvestBA reported on the recent gains in the Buenos Aires real estate market: closings up 37%, total value of all sales up 57% and median prices up 15%. Now the news from across the river is equally encouraging and offers more evidence of regional strength following a weak 2009 for both countries. Uruguay’s National Statistics Institute released …

Mar del Penthouse: Coastal Boom for Mar del Plata Real Estate

Patrick Archer foreign investment, real estate, tourism

Yesterday was an historic day here in Buenos Aires. Millions took to the streets to celebrate the 200th anniversary of the Revolution for independence from Spain. Further down the coast in Mar del Plata, festivities were equally raucous; yet, it’s another “200” that’s generating headlines. That’s the number of new buildings currently under construction in this seaside metropolis of 550,000 …

SIMA 2010: The Party’s Over for Spain

Patrick Archer foreign investment, lifestyle, real estate

Saturday’s throat goring of a bullfighter in Madrid was more than a victory for animal lovers, it was a fitting sports analogy for the state of the Spanish economy. High unemployment, a housing collapse and a tumbling Euro have many analysts referring to Spain in the same breath with Portugal, Italy and Greece, or our new favorite acronym for European …

Buenos Aires Ad Agencies Give Global Brands Local Flavor

Patrick Archer arts & entertainment, creative class, culture, lifestyle, us companies

The 1985 New Coke launch taught soft drink makers and marketers the risks inherent in tampering with the real thing. Amazing then, that PepsiCo green-lighted a Buenos Aires ad agency’s proposal last year to actually change the name of their world-famous brand. The idea? Like Nike and Levi’s, Pepsi is one of those U.S. brand names that often proves problematic …