How Will The Petrobras Scandal Impact Investments In Argentina?

Patrick Archer competitiveness, foreign investment, real estate

With top executives already in jail, 62 alleged bribe-receiving politicians sweating bullets and dozens of companies now under investigation, how will the Petrobras scandal impact the Brazilian oil giant’s investments in Argentina? A detailed analysis in today’s iProfesional poses that question and puts the magnitude of the scandal in local terms: the estimated US$45 billion in illegal surcharges, bribes and kickbacks is …

Buenos Aires Average Real Estate Prices Down By Double Digits

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

Buenos Aires average real estate prices have fallen 10% in one year and over 20% since 2012 in some of the city’s most expensive neighborhoods. The situation mirrors average price declines across the river in Montevideo. The new average price data compiled by Reporte Inmobiliario shows the average cost of existing residential real estate in Buenos Aires is now US$1,694 …

Retailers & Hotel Chains Rushing To “The Saudi Arabia Of Patagonia”

Patrick Archer foreign investment, hotels & casinos, real estate, us companies, visionaries

Carrefour, Coto, Jumbo, La Anonima and Walmart. Only one city in Argentina is home to all five major supermarket chains, and it’s not Buenos Aires, Cordoba or even Rosario. It’s the Patagonia capital city of Neuquen which is ground cero for Argentina’s nascent shale oil boom. “Neuquen Comes To Life At The Hands Of Vaca Muerta” is the headline of …