Bid Process Underway for New Punta del Este Convention Center

Patrick Archer competitiveness, foreign investment, hotels & casinos, real estate, tourism, uruguay

A Uruguay public sector trust officially opened up the bid process this week for the construction of the new Punta del Este Expo & Convention Center. Two dozen developer groups expressed interest when the project was announced earlier this year. As envisioned, the facility will be a seven-building complex built on a 12 acre parcel north of town next to …

Foreign Developers Building More Luxury Condos in Uruguay

Patrick Archer aruba, foreign investment, real estate, uruguay

From Colonia in the west, to Punta del Este in the east andĀ Montevideo in between, we saw it first-hand last month: Brand new mid and high-rise condominiums breaking ground or going vertical all throughout Uruguay. Now comes confirmation via UPI that Argentine developers are leading the movement with an emphasis on luxury for fellow Argentines and other foreign buyers. What’s …

24 International Developers Want to Build New Punta del Este Convention Center

Patrick Archer aruba, foreign investment, real estate, tourism, uruguay

Commercial developers interested in building and managing the planned Punta del Este Convention Center had until last week to submit letters of interest, and no fewer than 24 submitted proposals to Uruguay’s National Development Corporation. The Punta del Este Convention Center will be a seven-building complex built on a 12 acre parcel north of town next to the El Jaguel …

InvestBA Announces A-BRIC Channel & Group

Patrick Archer foreign investment, real estate

As two of the most attractive emerging markets in Latin America, Argentina and Uruguay are clearly on the investment radar screens of the BRIC nations. While global markets have been reeling since 2008, Argentina and Uruguay’s fortunes have risen thanks in large part to the degree that powerhouse BRIC nations now depend on both countries’ exports from soy to beef …