Buenos Aires Retail Vacancies Rising On Popular Streets

Patrick Archer buenos aires events, real estate

A growing number of retail outlets have closed their doors in the City of Buenos Aires this year due to higher rents and lower margins, according to a new report from the Buenos Aires Federation of Retail and Industry (FECOBA). The majority of the retail leases not being renewed this year were originally signed in 2010 or 2011 according to …

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 …

Louis Vuitton Takes One-Way Catwalk To Punta del Este

Patrick Archer lifestyle, real estate, tourism, uruguay

Last night, Louis Vuitton closed Paris Fashion Week with a collection that drew glowing reviews from the global fashion press. Closer to home, the iconic brand is sauntering down a one-way catwalk from the streets of Recoleta to the beaches of Uruguay. One week after closing the Buenos Aires store at Alvear and Ayacucho, Louis Vuitton is making the move …