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 …

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 …

European Luxury Imports Are Booming in Buenos Aires

Patrick Archer argentina polo, buenos aires events, foreign investment, lifestyle

If March sales figures were any indication, 2010 will be a very good year for European luxury automakers exporting to Argentina. According to iProfesional; Audi, BMW, Mercedes-Benz and Porsche all posted double or triple-digit gains in units sold compared to March 2009. Several factors are contributing to the current boom: the falling Euro, pent-up demand after automakers slashed production and …