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 …

Buenos Aires Real Estate Spotlight: A Property Boom in Villa Urquiza

Patrick Archer foreign investment, real estate

When we reported last week on the 2009 summary statistics for units sold and under construction in the City of Buenos Aires, Palermo was singled out for it’s #1 ranking among neighborhoods in terms of projects under construction last year. Yet, according to Clarin, a closer look at the numbers throws a little cold water on the Palermopalooza and simultaneously …

The Dubai Market May Be Sinking, But Buenos Aires Real Estate Is Rising

Patrick Archer foreign investment, real estate, tourism

World financial markets were rocked yesterday when news surfaced that Dubai World, the Dubai corporation responsible for some of the UAE’s most lavish developments, was unable to meet interest payments on the over $80 billion in debt it holds. According to The Times, “Dubai World began the panic on Wednesday by demanding a standstill on its interest payments (and) worsened …

Polo Lovers Riding Out the Global Recession in Argentina

Patrick Archer argentina polo, buenos aires events, lifestyle, tourism

In yesterday’s post, we learned why one global investor believes Argentina offers some of the best real estate values in South America. Today, the Financial Times’ Oliver Balch explains why the uber-rich, especially those with a passion for polo, are riding out the recession in Argentina. (Full article) INVESTBA readers know October to December is polo prime time in Argentina, but …