McDonald’s To Open On “The Most Famous Corner” in Argentina

Patrick Archer aruba, foreign investment, franchises, real estate, us companies

It used to be a Cinema, but it wasn’t a cinema. It was just located next to a cinema, but the cinema closed in 2002 and the Cinema closed earlier this year. So the cinemas are long gone, but what remains is one of the most valuable corners of commercial real estate in Buenos Aires: Callao and Santa Fe. Clarin’s …

Buenos Aires Arcos Finding New Life As Dining District

Patrick Archer ba government, buenos aires events, franchises, tourism, us companies, visionaries

It’s one of the best locations in Palermo in terms of entertainment, foot traffic and outdoor activities, but it has sat abandoned for 16 years. A triangle-shaped parcel nestled between the Mitre and San Martin train trestles known as the Paseo de la Infanta is now coming back to life with a public plaza, towering sculpture and several new restaurants …

With Wendy’s Return, Argentina’s Burger Wars Are Heating Up

Patrick Archer buenos aires events, competitiveness, franchises, us companies

The ongoing battle for burger-lovin’ hearts and minds heats up tomorrow in Argentina with the official return of Wendy’s to Buenos Aires. Ohio-based Wendy’s originally bought 11 Buenos Aires restaurants in the 1990’s for $13.2 million and grew the chain to 18 company-owned restaurants before pulling out of Argentina altogether in 2000. Now, twelve years later, the smiling redhead with pigtails …

McIPO: Arcos Dorados Investors Are Lovin’ It

Patrick Archer foreign investment, franchises, us companies

Arcos Dorados, McDonald’s largest global franchisee is preparing for what will be one of Latin America’s biggest IPOs ever. Buenos Aires-based Arcos, the group that owns the largest chain of restaurants in South America, will formally announce the IPO in the next week, and sources say shares could begin trading as early as April. According to Cronista, Bank of America, …