New Buenos Aires World Trade Center To Open In Puerto Madero

Patrick Archer aruba, foreign investment, real estate

Manhattan has one. Santiago has one. Montevideo has one. And now Buenos Aires will have its own World Trade Center to be located in Dock One of Puerto Madero. The announcement was made this week between the World Trade Centers Association (WTCA) and the developer of the recently completed Madero Harbour which the WTC Buenos Aires will call home. La …

The Coming Surge in Latin America Real Estate

Patrick Archer foreign investment, hotels & casinos, real estate

London-based PropertyWire, reports on the coming surge in certain Latin American markets given the increased interest from foreign buyers and developers, many from the U.S., Europe and Asia. The real estate news service points to the recently announced trade mission by Indian developer group GIHED, and their search for opportunities and joint ventures in Argentina and Brazil. U.A.E.-based Elysian International …

CBRE: Buenos Aires Office Space Costs A Fraction of Tokyo, London

Patrick Archer competitiveness, foreign investment, real estate

CB Richard Ellis just released their semi-annual survey of global office rents, and the news won’t come as a surprise to multinationals with offices in Buenos Aires and other international hubs. Of the 179 markets surveyed, there was a 7.7% decline in office rents, almost 50 markets posted double-digit declines, and 40 markets actually posted year-over-year increases. The most expensive …