As Consumer Spending Slows, Buenos Aires Retail Vacancies Rise

Patrick Archer average prices, buenos aires events, real estate

Retail vacancies are rising in downtown Buenos Aires, as consumer spending slows and more small businesses choose not to renew their leases, according to Alfredo Sainz of La Nacion. Sainz says “For Rent” signs are spreading like a virus especially in popular pedestrian corridors like Florida and Lavalle,  and the 30-block area of Recoleta bordered by Alvear, Callao, Cerrito and …

Madero Harbour Development Coming Soon to Puerto Madero

Patrick Archer arts & entertainment, buenos aires events, lifestyle, real estate, vanityba

In March 2011, the doors of Puerto Madero’s first shopping center, aptly named Madero Harbour, will open to the public. In addition to 120 luxury retailers and service providers, the $75 million center being developed by GNV Group will include a supermarket (Puerto Madero’s first), a gym, several restaurants and movie theaters, satisfying a huge demand that exists in the …