FT: Argentina, Brazil, Uruguay Adapt to Seduce Arab Nations

Patrick Archer foreign investment, lifestyle, tourism, uruguay

Argentina and Uruguay are both enjoying stronger trade and investment ties with the Middle East. Samantha Pearson’s article in FT focuses initially on Brazil’s record beef exports to Iran and quickly expands to include Argentina and Uruguay in the Middle East equation. Commodity exports like wheat still top the list, she writes, but the relationships are poised to broaden into …

2011 South America Hotel & Tourism Investment Conference Summary

Patrick Archer foreign investment, hotels & casinos, lifestyle, real estate, tourism, us companies

Last week marked the fourth anniversary of the South America Hotel & Tourism Investment Conference (SAHIC), and this year’s event was held at the W Hotel in Santiago. The two-day event is fast-paced and gives attendees a good overview of hotel investment trends and tourism growth forecasts in South America. In the opening session on Day One, Arturo Garcia Rosa, the …

Coastal Uruguay Real Estate Sales Exceed US$100 Million a Month

Patrick Archer foreign investment, real estate, uruguay

Coastal real estate in and around Punta del Este continues to be a magnet for foreign investors, and the value of Uruguay homes and apartments sold tops US$100 million per month, according to El Observador. In the most recent twelve-month period examined, properties sold in Maldonado exceeded US$1.4 billion, and in the 28-month period from January 2009 to May 2011, …

Agritourism, Organic Farming On the Rise in Argentina

Patrick Archer agribusiness, tourism, wine & vineyards

With spring upon us and the growing season ready for liftoff, agricultural activities in Argentina and Uruguay are becoming more organic and attracting more foreign tourists in the process. According to FreshPlaza.com, Argentina now has the second largest land area dedicated to organic production. Argentina’s 10 million organic acres are only surpassed by Australia with 30 million; the U.S., China …

Buenos Aires Shopping Centers Approach 100% Occupancy

Patrick Archer lifestyle, real estate, tourism

The only thing harder to find than a parking space in Buenos Aires may soon be retail space. “It’s almost impossible to rent space in a shopping center,” reads the headline in Andres Sanguinetti’s article in today’s Cronista. The piece focuses on retail sales, monthly rents and occupancy levels at some of the largest shopping centers in Buenos Aires, and …