Buenos Aires Retail Vacancies Rise Another 15% This Summer

Patrick Archer buenos aires events, competitiveness, real estate

Retail vacancy rates rose another 15% this summer in Buenos Aires, as a combination of double-digit inflation, higher rents and unlicensed street vendors sapped the strength of calles comerciales. A new report from the Argentina Retail Chamber (CAC) says the number of retail vacancies observed during the first two months of 2015 reached 324 or 15% more vacancies than before the summer began. Another …

Buenos Aires Retail Real Estate Sector Is Affordable & Stable

Patrick Archer average prices, buenos aires events, franchises, real estate

The Buenos Aires retail real estate sector is showing renewed strength as vacancies fall to the single digits and retailers search from prime space along the city’s most traveled avenues and pedestrian streets. A Stable Climate Along The Main Avenues is how La Nacion describes the retail real estate sector in BA, and the recent wave of new lease agreements …

Despite Vacancies, Double-Digit Increases For Buenos Aires Retail Space

Patrick Archer average prices, buenos aires events, competitiveness, franchises, real estate

Rental rates for Buenos Aires retail space in key corridors are rising in step with inflation, despite a higher number of retail vacancies compared to one year ago in Capital Federal. “Shuttered storefronts form part of the new landscape, a product of a cooling in consumption and greater caution among Argentines,” while those who remain in business ” face rising …