Buenos Aires, Brazil Office Space Among World’s Most Expensive

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

Commercial office space in Buenos Aires now ranks among the world’s Top 20 most expensive markets, according to a new study from Jones Lang LaSalle. The analysis, prepared for Brazilian business publication Valor, compared office rents in 98 of the world’s largest metros in the U.S., Europe, Asia and South America. The #20 ranking places Buenos Aires ahead of cities …

Madero Harbour Development Coming Soon to Puerto Madero

Patrick Archer arts & entertainment, buenos aires events, lifestyle, real estate, vanityba

In March 2011, the doors of Puerto Madero’s first shopping center, aptly named Madero Harbour, will open to the public. In addition to 120 luxury retailers and service providers, the $75 million center being developed by GNV Group will include a supermarket (Puerto Madero’s first), a gym, several restaurants and movie theaters, satisfying a huge demand that exists in the …

Buenos Aires Real Estate Sales Continue Rising Rhythm

Patrick Archer average prices, foreign investment, real estate

The sale of new and existing properties continues its upward trajectory in the City of Buenos Aires after a lethargic 2009. The market recovery that began last December has gained momentum during the course of 2010 as we reported in May. Now the latest statistics from the BA Notary College show a 31.3% gain in real estate transactions closed in …

Flight to Quality Boosting Buenos Aires Real Estate Values

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

The famous “refugio de valor” or flight to value had a positive impact on Buenos Aires real estate values in July, according to a new study from the Universiad Argentina de la Empresa (UADE). The study examined real estate classified ads published both online and in broker publications during the month of July and found price increases between 1 to …

Liquidação: The Brazilians Are Buying Everything in Buenos Aires

Patrick Archer lifestyle, tourism

It was 90 years ago when the phrase “Rich as an Argentine” was coined in Paris. Flush with new-found export wealth, the country’s elite would travel to European capitals for shopping sprees of clothing, fabrics and antiques. By the end of the century, the wealthy were still going abroad in full acquisition mode; however, destinations closer to home, Miami, Punta del …