Hilton Hotels Coming to Montevideo’s World Trade Center

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

As Montevideo’s World Trade Center continues to evolve into a city within a city, many business travelers often lament the lack of quality accommodations, especially near the WTC. And of the major chains like Radisson, Holiday Inn and NH, most brand name properties are clustered on the west side of town near the Port of Montevideo. So it was only …

China to Finance Construction of Buenos Aires Subte’s New G Line

Patrick Archer ba government, buenos aires events, foreign investment

We’ve often remarked that China wants to rebuild Argentina’s entire rail infrastructure to speed up the delivery of Argentine commodities to dinner tables in Beijing and Guangzhou. Now it seems the Chinese will also be expediting the commute times of white collar portenos to their offices downtown. Buenos Aires Minister of Finance Nestor Grindetti traveled to China last week with …

Uruguay Real Estate Demand Boosts Raw Land Sales

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

Raw land purchases may have slowed down in Uruguay in 2009, but they rebounded 13% in 2010, according to El Pai­s. A total of 336,000 hectares (830,274 acres) changed hands in Uruguay last year in a grand total of 2,093 land transactions. The 13% rise in number of deals was matched by a 13% increase in the value per hectare …

Global X Funds Launches First Argentina Exchange-Traded Fund

Patrick Archer agribusiness, foreign investment, us companies

Exchange-Traded Funds or ETFs have grown in popularity in recent years as small investors seek to diversify and capitalize on growth opportunities in emerging markets. Generally designed to track a specific index, ETFs offer investors a flexible, low-cost way to buy and sell an entire basket of securities with a single transaction throughout the trading day. While there are more …

Brazilian Skin & Beauty Brand Natura Is Cleaning Up in Argentina

Patrick Archer foreign investment

What do you get when you combine top quality health and beauty products, competitive pricing, a direct sales model, a commitment to sustainability, a broad social media presence and robust sales channels in some of Latin America’s youngest and fastest-growing markets? You get the stock chart to the left. Sao Paulo-based Natura originally listed on the BOVESPA in 2004, and …