AAA Eco Office Sets Buenos Aires Standard For Sustainability

Like most cities in Latin America, Buenos Aires architects and developers have been slow to embrace green building principles when designing new buildings. But a new AAA office tower is breaking from the pack and setting a new standard for sustainability in Buenos Aires. Rising above the world-famous Avenida 9 de Julio, The Altman Eco Office (Lima 1111) is the first …

Argentina Hotel Sector Surges With New Investors, Popular Chains

An ambitious wave of new hotel construction is sweeping through Argentina as investors large and small tap new opportunities to buy, build and own. “Argentina’s Hotel Sector Proving Its Investment Potential” is the headline of a detailed analysis in the Real Estate supplement of today’s Ambito which points to the most recent long holiday weekend (1.3 million tourists spending US$240 million) …

Argentine Sellers Shift Expectations As CEDIN Debut Approaches

The CEDIN’s arrival is still six days away in Argentina, but you wouldn’t know it by scanning the real estate classified ads in Buenos Aires, Cordoba, Mendoza and other cities in the interior. In fact, it’s already entrenched in the vernaculo inmobiliario. According to iProfesional, more owners of existing units have been listing their properties in dollars this month, a …

Boston’s GMO Uruguay Timberland Investment Worth $140 Million

Boston-based global investment management firm, GMO, is making a significant long-term investment in Uruguay with one of the country’s largest timberland acquisitions in recent years. GMO acquired the land from Chile-based Arauco, and the deal encompasses over 110,000 acres (45,000 hectares) spread across 141 parcels in the Rivera and Tacuarembo departments of northern Uruguay, according to El Pais’ Fabian Tiscornia. Arauco …

Bariloche Begins 2013 Ski Season With Record Tourism Numbers

Argentina Ski Season 2013 is officially underway, and the country’s leading downhill destination is welcoming record numbers of charter flights, hotel guests and foreign visitors. “Record Number of Foreign Visitors in Bariloche” is the title of Soledad Maradona’s article in today’s La Nacion which links the sudden surge in South American skiers and snowboarders with the season’s first snowfall, falling …