Express Boom Rapidly Changing Buenos Aires Supermarket Landscape

Patrick Archer buenos aires events, competitiveness, foreign investment, franchises, real estate, us companies

Hundreds of Asian-owned Buenos Aires supermarkets are closing now that multinational giants like Carrefour and Walmart are blanketing BA barrios with their own “express” markets. “Around 400 super chinos closed last year alone and 1,100 jobs disappeared. The expansion of the large chains under the express model siphoned off a lot of our customers which hurt the profitability of our business,” …

FranchiseBA: Palermo Cafe Brings 3D Printing To The Masses

Patrick Archer buenos aires events, creative class, entrepreneurs, franchises, real estate

A new Buenos Aires business is bringing 3D printing to the masses and a new franchise model which puts a more collaborative twist on the old cybercafe concept. The 3D Lab Fab & Cafe opened this week in Palermo Soho (Costa Rica 5198) with the goal of offering a space where, according to the website, patrons can “have a coffee, spend …

96% Of Buenos Aires Real Estate Deals Use Unofficial Exchange Rate

Patrick Archer real estate

A new survey of Buenos Aires real estate agents, owners and developers reveals the overwhelming majority of deals in pesos are being closed at rates other than the official exchange rate. According to the report from Mercado and Reporte Inmobiliario, for those Buenos Aires real estate transactions where the buyer purchased a property in pesos, 38% closed using the intermediate …

The Future of Real Estate Developments in Argentina

Patrick Archer aruba, foreign investment, hotels & casinos, real estate, visionaries

Real estate developers, builders, suppliers and buyers recently gathered at Reporte Inmobilario’s summit to discuss “The Future of Real Estate Developments” in Argentina. The stated goal of the event was to address ways to improve the quality and quantity of new projects coming to market. Local architect Domingo Speranza gave a presentation focusing on the scarcity of and record prices …

Argentina Property Owners Consider New Variables When Renting, Selling

Patrick Archer aruba, average prices, buenos aires events, foreign investment, real estate

There are many thermometers Argentines use to take the temperature of the local economy, and one of those is public opinion regarding the attractiveness of real estate. Now there is a new variable which interests Argentina property owners, especially those who consider renting their properties, writes Fernando Gutierrez in today’s iProfesional. The new variable takes into consideration the dollar, exchange …