Spring/Summer 2011/12 The Premier Source for Real Estate & Other Investment Opportunities in Buenos Aires, Argentina

& Uruguay

_executive_summary_
The Spring/Summer 2011 issue is a whirlwind journey from artist galleries and road races in Buenos Aires to private vineyards in Mendoza to luxury estancias and amazing sunsets in Jose Ignacio. Spring means creativity is blooming, so well tour the new Buenos Aires Tech District, travel to San Rafael for the Grand Opening of a revolutionary hamburger franchise, check out the new wave of condo-hotels being built in Argentina and Uruguay and nd out what A-list celebrities are buying vineyards in the Uco Valley. Spring also means polo in Buenos Aires, and we preview the three jewels of the Triple Crown, look under the hood of the new Audi La Dolna Q7 and count down the Top 10 polo players in the world including Argentines Pablo Mac Donough, Facundo Pieres and Adolfo Cambiaso.After a few chukkers, well board a Pluna jet and y back to Punta del Este. To top it off, we check-in for sunset atthe Estancia Vik and nd out how a luxury hotel and modern art merge to create a 4,000 acre shrine to the best of Uruguay. On a macro level, the economic malaise and uncertainty impacting other corners of the globe continues fueling a ight to growth in Argentina and Uruguay. Locally, real estate remains the preferred asset for those seeking capital preservation and income-producing properties. From Buenos Aires condos to Mendoza vineyards to Punta del Este chacras, InvestBA can help you nd the perfect property. And we are very pleased to welcome Uruguays Gasalla Inmobiliaria to our exclusive InvestBA family of boutique brokers. Patrick Archer CEO, InvestBA

inside_the_numbers

19% #68

Growth in foreign investment in Argentina during the rst half of 2011, second only to Chile (20.4%) in Latin America. Almost 50% went toward new construction. (Full Story)

Buenos Aires ranking among the 73 cities included in the 2011 UBS Prices & Earnings survey making BA one of the most affordable cities in Latin America. (Full Story)

$100,000,000
The average dollar value of real estate sold per month in Punta del Este and the surrounding beaches and towns of Maldonado. $2.8 billion since January 2009 alone. (Full Story)

$15,000,000,000

Value of Chinese investment in Argentina over the past 3 years, an amount that will continue growing as the Chinese begin to invest in infrastructure and nancing. (Full Story)

Vineyards, Estancias, Condo-Hotels & Other Properties For Sale Third Story Headline InvestBA.com features a wide variety of unique residential and commercial properties
for sale in Buenos Aires, Argentina and Uruguay. From private vineyards to luxury highrise apartments to condo-hotels, our network of boutique brokers can help you find the perfect property. Contact us now and well start searching. home@investba.com
Twitter.com/InvestBA

Spring/Summer 2011/12 The Premier Source for Real Estate & Other Investment Opportunities in Buenos Aires, Argentina & Uruguay

_agenda_ 3 _artista_ 9 _VISIONARIo_ 15 _inteligencia_ 23

_inmobiliaria_ 35 _vanguardia_ 42 _deportiva_ 49 _vendimia_ 68

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_agenda_
domingo lunes martes mircoles jueves viernes sbado

Triple Crown: Tortugas

September 27 - October 16

5 16 23 17

Oct. 10-13

12

13 21

Triple Crown: Hurlingham

October 18 - November 6

October 25-27

27

October 29 to November 1

octubre

29 2

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domingo lunes martes mircoles jueves viernes sbado

6 14 20 27 28

8 15 16 23 29 30

11
Triple Crown: Palermo
November 19 - December 10

25

26

noviembre

_agenda_
domingo

diciembre
5 6
MALBA
through March 2012

lunes

martes

mircoles

jueves

viernes

sbado

1
Palermo
Polo Final

5 11 18 25 19 26

14 21 28

15 22 29

16 23 30

17 24 31

20 27

_online_
Most Read Last Quarter
(click article to read)
Copa America: More Ties, Titanic & Topless

Most Read All Time

(click article to read)
ArgenCna, Uruguay Quality of Life Tops in LaCn America

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As the Internets leading source of information about real estate and other investment opportunities in Buenos Aires, Argentina and Uruguay, InvestBA is the ideal platform for reaching an elite, high net-worth clientele looking to travel, invest and live in the Southern Cone of South America.

1 2 3

1 2 3

New Terminal C Debuts at Buenos Aires Airport

NYTimes: More Americans ReCre in ArgenCna, Uruguay

(click image to learn more) Now read by subscribers in 131 countries, InvestBA can showcase your project, product or service to high-end consumers in key markets like the U.S., Canada, Brazil, the Euro-zone, Russia and China. InvestBA offers a variety of premium ad space alternatives both online and in our quarterly e-zine, InvestBA Privada. For more information, click the image above or send your inquiry to ads@investba.com.

CNN/Money: San Rafael A Great Place to ReCre

CiC: Buenos Aires Among Top 5 Global MegaciCes

Prodeo Hotel

Stella Artois World Draught Masters 2011

Few brands have catapulted to the pinnacle of the BA social scene in recent years like Stella Artois. From oversized billboards in Las Caitas to eld-side service at the Triple Crown of polo, the Anheuser-Busch InBevblonde beauty knows where to be seen and seduce total strangers. Fitting then that her powers of persuasion will lure beer masters from around the world to Buenos Aires next month. The Stella Artois World Draught Masters is an annual competition which celebrates the 9-step ritual of pouring the perfect pint of Stella Artois. Since the inaugural event in 1997, global champions have hailed from Australia, Belgium, Italy, New Zealand, Romania and the U.S. including last years champion Chris Myers. One of the aspiring contestants coming to Buenos Aires is Philip Messom from Belfast who was recently crowned Ireland Draught Master. I cant wait for the nals. Its a once-in-a-lifetime opportunity, he told the Belfast Telegraph adding, I dont know if Im ever going to get the chance to visit that part of the world again, so Im taking a full week out over there to relax and enjoy it as much as I can. Should Messom win the competition, he wont have much time for breezy strolls through Recoleta and Palermo. According to the ofcial website, our winner will become Stella Artois Ambassador and go on a world tour teaching zythology and the art of the perfect pour to aspiring candidates. The itinerary will take our champion to Russia, Australia, China, USA, Canada, Argentina, Ireland, Brazil, England and, of course, the home of beer, Belgium.

_artista_

_artista_

EUGENIOCUTTICA

_artista_
Eugenio Cuttica, a contemporary artist born in Buenos Aires, belongs to the middle generation and has exhibited in galleries, museums, cultural centers and international art fairs for over 30 years. His work is based on a strong imprint of synchronicity and connection to what he calls the dimension of the innite frequency of no time.

_artista_
His works appeal to beauty, not from the intellectual construction, but as something that just happens, appealing to the idea of the artist as a vehicle of energy that passes and which he doesnt owns. Through its strong belief of showing another invisible reality, Cutticas works take on a connection that enables viewers to rediscover a contemplative state.

_artista_
newyorkers
Search and nd that elusive beauty in the crowds of a city is transforming, what does not seeks to look obvious ... in other words, is to show this non conventional beautiful discovery as a task for the others ...the artist's task

alexandra

EUGENIO CUTTICA

INVESTBA
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_visionaria_

_visionaria_

Hooray for

HOLLYWOOD

_visionaria_
Hooray for...

HOLLYWOOD
So when I received my invitation to the Grand Opening of the rst Hollywood Burger in Argentina, I was pleasantly surprised to see that it would take place, not in BA, but rather in the picturesque Mendoza town of San Rafael. Actually getting there would be another story. The winter eruption of Puyehue sent volcanic ash skyward and grounded ights throughout Argentina in July, so an overnight bus trip would be my method of carriage across the fertile Pampa. Considering that millions of young Americans have boarded buses for decades to seek out their fame and fortune in the Hollywood Hills, it seemed only tting that I seize the moment and do the same. The 1,000-kilometer journey was not only breathtaking, it felt like a trek into the heart of the Old West, a land of untapped opportunities for those willing to seek them out.

Argentina epitomizes opportunity for companies across multiple industries given its combination of youthful demographics, economic growth and rising consumerism. And while many foreign investors focus primarily on major cities like Buenos Aires, Rosario and Crdoba, there are incredible growth opportunities to be tapped and mined in what Argentines refer to as el Interior of the country.

Highway 40 in the Uco Valley en route to San Rafael

_visionaria_
Hooray for...

HOLLYWOOD
minds from the worlds of casual dining, consumer goods and, of course, entertainment. bask in a Grand Opening glow as bright as the lights on Sunset. The night, like Hollywood Burger, now belonged to San Rafael, a town neglected for decades by every major fast food franchise. No longer. And along with the red carpet and paparazzi, San Rafael received something much more unique than just another burger joint. Hollywood Burger features an original Fresh Food Fast concept relying on local suppliers and a sleek gourmet coffee bar called Hollywood Cafe. Throw in a colorful Kids Playroom, free WiFi and the Hollywood star treatment, and youve got the recipe for a truly awesome franchise with something for everyone.

San Rafael is denitely one of those untapped gems, but it takes local intel to understand a local opportunity and a real group of visionaries to make it happen. Enter NYC-based DPEC Partners, the brains and capital behind the Hollywood Burger franchise. Having already made inroads with other investments in Mendoza, DPEC CEO Scott Mathis knew the town of nearly 200,000 coupled with the absence of a casual dining franchise presented a unique background for launching a revolutionary hamburger and gourmet coffee chain. He then assembled an investor team with some of the brightest

CEO Scott Mathis & Marcos Aldao cut the ribbon at the Grand Opening.

The crowd gathered and the buzz generated by the Grand Opening was palpable on the streets of the normally quiet town. The locals, Sanrafaelinos, offered words of appreciation for the chance to

Hooray for Hollywood. Hooray for Argentina.

Oportunidades de Franquicia

_visionaria_
Hooray for...

HOLLYWOOD
3.) Demographics: Argentina is home to 70 cities like San Rafael with populations over 75,000 and no major franchise to speak of. Just two months after the Grand Opening, potential franchisees have already been identied in several developed countries and emerging markets. Like the team at DPEC Partners, potential franchisees should have an entrepreneurial spirit, a track record of success in the restaurant business and shared enthusiasm for building the leading operator of Hollywood-themed hamburger and coffee houses in the world. If that sounds like you, maybe its time to board the bus and seek out your slice of Hollywood fame and fortune. For more information, email hollywood@investba.com.

With the next Hollywood Burger already under construction in Crdoba, it is easy to imagine this franchise blanketing Argentina in the near future for three very important reasons: 1.) Argentines devour good brands, or as they say in Spanish, comemarcas. Mix in the original Hollywood angle and the Fresh Food Fast concept and youve got a genuine recipe for success. 2.) Casual dining restaurants are the fastest-growing franchise segment in Argentina accounting for 34% of all new franchises. Growth is strongest in the longneglected interior of the country.

Star Treatment: Hollywood Burger delivers an original dining experience

Given the universally-appealing concepts of great food, coffee and entertainment, Hollywood Burger and Hollywood Cafe present a unique opportunity for investors.

_visionaria_
3

1 5

2 6

7
1. Late night crowds and the rst double drive-thru in Argentina 2. Crowds gather for Opening Night 3. Enjoying the star treatment 4. InvestBA with DPEC Partners senior management and Hollywood Burger investors 5. Hollywood Burger investor and Hollywood producer Reuben Cannon, his wife Alice and James Chestnut, Hollywood Burger investor & former CFO/SVP of The Coca-Cola Company 6. Something for everyone 7. Patrick Archer from InvestBA, DPEC Partners CEO Scott Mathis, Hollywood Burger GM & former McDonalds Argentina Manager Marcos Aldao and DPEC Director of Marketing Lauren Beebe

commercial & residential real estate opportunities in coastal uruguay

jos ignacio la barra la paloma maldonado piripolis punta del este

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_inteligencia_

_inteligencia_

BA EMBRACES A NEW BRAND OF POLO

audiovisual design pharma technology

_inteligencia_

BA EMBRACES A NEW BRAND OF POLO

When most foreign travelers and investors think of Polo in Buenos Aires, it conjures up images of Cambiaso and Palermo, high-goal matches and La Martina clothing. But the new wave of polo being embraced by the City of Buenos Aires is slowly changing the landscape of Capital Federal and transforming the city into a net exporter of creative services. Under the direction of the Ministry of Economic Development, the four main polos or centers of attraction in Buenos Aires are the emerging Design District in Barracas based in the Metropolitan Design Center, the Tech District in Parque Patricios, the Audiovisual District in Palermo Hollywood and the Pharmaceutical District in the south. The Districts are spaces where companies and academia come together for innovation and production while blending with the cultural identity of the surrounding barrios. We attended the Grand Opening of the Design District last year. Today, that state-of-the-art facility serves as an incubator for young companies with promising products and design ideas.

matechnologyaudiovisualdesignpharmatechnologyaudiovisualdesignpharmat

_inteligencia_

audiovisual

design pharma technology

Map Design: Silvina Garcia

_inteligencia_

BA EMBRACES A NEW BRAND OF POLO

The Technology District was the second polo to take shape, and Tata Consultancy Services was one of the rst global IT companies to make the move to Parque Patricios. Today, less than two years later, over 100 companies call the Tech District home, and the City just extended the H Line of the Subte to Parque Patricios making it easier for worker access. InvestBA was recently invited to attend a guided tour of the Tech District led by Ms. Valeria Zivelonghi of the Citys Investor Assistance Center (CAI). She explained the attractive package of tax exemptions, lines of credit and other incentives available to companies relocating to the District. Like the other BA Polos, the goals of the Tech District include promoting IT service exports and BAs economic diversity, attracting domestic and international IT investment, and transforming the surrounding barrio of Parque Patricios into a live/work/play destination that attracts more fulltime workers and small businesses that serve the new District residents.

matechnologyaudiovisualdesignpharmatechnologyaudiovisualdesignpharmat

_inteligencia_

BA EMBRACES A NEW BRAND OF POLO

The Audiovisual District was the third BA Polo to receive government approval, and it will have the largest geographical footprint (1,700 acres) and potential impact on job creation (63,000 new jobs) in Buenos Aires. From commercials to TV shows to feature lms, the City of Buenos Aires is now the 4th most popular destination in the world for lm crews according to a new ranking from Variety. Only Prague, Paris and New York rank higher than Buenos Aires which has blossomed in recent years as a destination of choice for lm and television production. We want the world to look at Buenos Aires as a movie set the size of a city, GCBA Economic Development Minister Francisco Cabrera adding, The sector is one of the most dynamic of the local economy. BAs affordability, abundance of creative talent, and diversity of backdrops makes it universally appealing with the barrios of Monserrat, Palermo, Puerto Madero, Recoleta and San Telmo among the most popular for lms.

matechnologyaudiovisualdesignpharmatechnologyaudiovisualdesignpharmat

_inteligencia_

BA EMBRACES A NEW BRAND OF POLO

matechnologyaudiovisualdesignpharmatechnologyaudiovisualdesignpharmat

INVESTBA
Coming in 2012 for Qualied Investors

_inteligencia_

Buenos Aires: The Most Affordable City in Latin America

The Wealth Management Research group at UBS released the 40th Annual edition ofPrices & Earnings, a standardized survey of prices and wages for 73 of the worlds largest metros. In terms of prices, UBS looks at a shopping basket of 122 different goods and services geared to western European consumer habits, and Buenos Aires ranks near the bottom at #68 sandwiched between Kuala Lumpur and Cairo. Scanning the list from top to bottom, a few patterns emerged in the past year of market turmoil and wild currency uctuations. The usual suspects are still the worlds most expensive cities (Oslo, Zrich,Geneva), US cities have all dropped several rungs given US dollar weakness against global currencies, Sydney catapulted to the Top 10 while NYC fell out given the Australian dollars continued appreciation against the US dollar. (Chart) In terms of Latin America, the MercoPress headline trumpets one of the key takeaways, Sao Paulo, Rio, Caracas and Bogot most expensive cities in South America.Weve chronicled Brazils dwindling affordability vis--vis BA, so the #1 and #2 regional ranking of SP (19) and Rio (26) comes as no surprise. Venezuelas 62% ination rate has much to do with Caracas ranking (47), while Bogot (57) rose 4 spots since the 2009 ranking.

19 59

so paulo

26 64

rio

57 68

bogot

santiago

mexico city

buenos aires

_inteligencia_

Buenos Aires: The Most Affordable City in Latin America

At #68 in the 2011 survey, Buenos Aires ranks in the bottom 8% of all cities surveyed. Buenos Aires affordability ranked just below Kuala Lumpur and just above Cairo. BAs overall affordability as measured by UBS was 50.4 excluding rent and 37.0 including rent in the last survey which was released in 2009. The rankings for Buenos Aires in the 2011 edition are 52.4 excluding rent and 38.5 including rent. The higher numbers reect rising ination; however, Buenos Aires is still the most affordable city in Latin America of all cities in the 2011 UBS survey. 2011 Report from UBS

_inteligencia_

Buenos Aires: The Most Affordable City in Latin America

Taking a closer look at Buenos Aires vs. Brazil, Brazil Investment Guide recently published an article titled Brazils Real Estate Prices are the Highest in the World. The analysis shows the price for new residential construction in some of Rio and Sao Paulos best neighborhoods cost anywhere from US$200 to $500 more per square foot than the most expensive neighborhoods in Buenos Aires like Recoleta, Palermo, Belgrano and Nuez. The adjacent graph compares the average price per square foot of new residential construction in six Brazilian barrios with similar price data for four Buenos Aires barrios. The median price for the fourteen most popular neighborhoods in Buenos Aires was US$182 with barrios like Palermo and Belgrano coming in around US$226 and US$219, respectively.

_online_
the creative class wine & vineyards real estate

A showcase of the best in local talent and how they ex their creative muscles in BA & beyond.

Argentina wine industry news and sector trends from harvest season to exports to new blends.

The latest news about real estate trends, prices and new developments in Argentina & Uruguay.

_inmobiliaria_

_inmobiliaria_

IncomeBA

Luxury Condo Hotel Investment Opportunities in Buenos Aires, Argentina & Uruguay

_inmobiliaria_

IncomeBA
Earlier this year, we introduced IncomeBA, a select portfolio of income-producing condo-hotel properties for foreign investors in Buenos Aires, Argentina and Uruguay. As anticipated, the concept resonated with small investors looking to invest in hard assets during this period of rising global uncertainty and triple-digit gyrations on the Dow. The rst hotel, Palermo Place, commenced construction in 2010 and 97% of the units were purchased by foreign investors, most of them from the U.S., Canada, Europe, Mexico and Australia. All of our investors were making their rst real estate purchase in Argentina, which spoke volumes about their comfort level in dealing with a US-based real estate developer with signicant South American experience.

Luxury Condo Hotel Investment Opportunities in Buenos Aires, Argentina & Uruguay

Palermo Place, the first P Hotel, Opened May 1 in Buenos Aires

Unlike the vast majority of real estate projects in Argentina, Palermo Place nished on time and on budget. Our investors came to Buenos Aires in April to take delivery of their units and celebrate the Grand Opening of Palermo Place, the rst hotel in the new P Hotel chain. The second P Hotel is currently under construction in the Buenos Aires neighborhood of Palermo Hollywood and the third hotel will break ground in January 2012 in the Uco Valley of Mendoza at Tupungato Winelands.

_inmobiliaria_

IncomeBA
Today, four months since the Grand Opening, bookings are solid and Palermo Place already ranks among the Top 15 Buenos Aires hotels on TripAdvisor. From an investment standpoint, even better news came last month in one of Argentinas leading newspapers. Carlos Manzoni of La Nacion says that hotels, and specically condo-hotels, are the new boom property for real estate investors in Argentina. The article cites many of the same motivating factors outlined in our original prospectus: Argentinas protourism policies, relative affordability, quality of lifeand a tidal wave of Brazilian demand. Manzoni says Argentinas affordability has created a ood of Brazilian tourists including a new wave of middle-class travelers choosing Argentina for hotels,

Luxury Condo Hotel Investment Opportunities in Buenos Aires, Argentina & Uruguay

La Nacion Article Declaring Condo-Hotels The New Boom in real estate Investment in Argentina (September 18, 2011)

restaurants and retail stores that are all more affordable than those at home in Brazil. In addition to strong demand coming from Brazil, North America and Europe, Manzoni says condo-hotel investments in Argentina offer other advantages like exibility, absentee ownership, the prestige of established brands and a monthly income stream derived from the hotels pool of rental properties.

INVESTBA
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_inmobiliaria_

IncomeBA
Ground broke in May on Palermo Tower, the second P Hotel, and 100% of the units sold to all foreign investors, many of them original investors in Palermo Place. The third P Hotel, will break ground in January 2012 in Mendoza, recently declared the new Mecca of South American wine by the Napa Valley Registers Dominick Merle. After the Grand Opening of Palermo Place, we traveled with our original investor group to tour the Uco Valley and Tupungato Winelands, the site of the rst P Hotel in Mendoza. A tour of the project was followed by a late afternoon polo match and a classic Argentine asado overlooking the Uco Valley and the golf course below. The hotel will be built on a prime vineyard at the center of the Winelands with easy access to all of the projects amenities.

Luxury Condo Hotel Investment Opportunities in Buenos Aires, Argentina & Uruguay

Palermo Place Investors Soaking up the Tupungato Winelands Lifestyle

If you are interested in joining the IncomeBA group of investors and owning an income-producing condo-hotel property in Mendoza, we encourage you to contact us as soon as possible. Only 12 units remain, and the Developer is offering interest-free nancing for 15 months with 50% down. For more details on oor plans and pricing , click here.

_inmobiliaria_
New Luxury Condo-Hotel in Mendoza IncomeBA
Located in the heart of the Uco Valley in the exclusive Tupungato Winelands development Wonderful income-producing opportunity with access to luxury amenities (Golf, Polo, Wine Spa, Annual wine allocation, etc.)
Developers Note: Grupo EMR chose Tupungato Winelands as the site of the third P Hotel. Grupo EMR is not afliated with Burco America or Tupungato Winelands.

Only 28 Units Available!

Click Here to Request More Information
USA: 1 772 933 HOME (4663) E-mail: home@investba.com ARG: 5411 5486 2585 Skype: InvestBA

12

_vanguardia_

_vanguardia_
One, a classic white Uruguay estancia with dozens of columns and a crimson roof perched atop a hill overlooking South Americas most exclusive beach playground. The other, an uber-modern sculpture of brilliant titanium and green glass smack dab in the middle of said playground. One, a very casual, unassuming surrounding countryside. The other, a demanding attention from guests rural cathedral to celebrate the Uruguay and the creativity of some of sculptors. The other, a testament to mans space blending gracefully with the bold architectural statement and passersby alike. One, a boundless natural beauty of her brightest young artists and architectural genius and ability to

erect shapes that compete with nature for our attention. One, a place to unwind, feed the senses and luxuriate in silence. The other, a place to cut loose and make some noise. One, the perfect daughter who always behaves and strives to make you happy. The other, the rebellious son who likes to push the limits and always stays out late. One, rooted in the soil with the stoicism of centuries. The other, winged, wide-eyed and ready for liftoff. This is...

_vanguardia_

_vanguardia_
A cavernous sixty-foot living room complete with a four-ton white sculpture, enormous geodes on the walls, a towering red stone replace and a purpletoned ceiling with a Google Map-inspired frieze of Uruguay. And thats just the Living Room. The Estancia Vik is as graceful and unassuming on the outside as it is bold and inspirational on the inside. Built six years ago as the sprawling cherry atop a 4,400-acre blanket of green, the Vik was transformed from private residence to a 19-room luxury hotel and opened for business in 2009. This New Years Eve, when native New Yorkers and Europeans raise a champagne toast with the locals, it will mark the fourth anniversary of this iconic project built by Scandinavian tech entrepreneur and Xcelera CEO, Alexander Vik. Vik, a Harvard graduate who grew up in the U.S., rst discovered Uruguay at the age of 32, but in some respects, the country had been with him since childbirth. His mother was the daughter of a Uruguay diplomat stationed in Norway.

_vanguardia_
Viks passion for Uruguay is manifest in the artwork that adorns every square meter of the guest rooms and the hotel common areas including a Dining Room, a 5,000-bottle Wine Cellar, a Game Room, a Gym, Spa, Pool & Gardens. The Parillero, a Uruguay BBQ room, is a brilliant space with paint-splattered walls, casual seating reminiscent of a gauchos dining table and a parrilla vent the size and shape of a Titan One rocket tip. While the Estancias layout encourages exploration and casual encounters, guests will nd equal parts solitude and creative energy in their private suites. 19 of Uruguays most celebrated artists and sculptors were charged with making every room of the Estancia Vik visually stunning, explains Vik Retreats General Manager Agustn Leone. Some of the featured artists include Carlos Barea, Jose Trujillo, Clever Lara and Pablo Atchugarry Mr. Leone, the former GM of Robert Duvalls House of Jasmines in Salta, is a gracious host and speaks about his two properties with the passion of a proud father and the art knowledge of a veteran curator. We want our guests to feel the privacy of a luxury estancia combined with the comfort of a friends guest home. At Estancia Vik, we like to say the attraction is Nature Outside, Art Inside.

_vanguardia_

_vanguardia_
That same recipe of art, luxury and casual comfort exists just miles away on the beach at the Playa Vik, the avant garde oceanside complex with the best sunset views in Jos Ignacio. The focal building or Sculpture features a ftyve sliding wall of glass, ve luxurious suites, a sculpted bronze Door to Paradise and Anselm Kiefers masterpiece The Secret Life of Plants. Six beautiful Casas surround the Sculpture in an Lshaped fashion with lush rooftop gardens. On-site amenities including the sprawling Parrillero Terrace are the perfect setting for relaxing and watching another afternoon in Jos Ignacio slowly slip away.

_deportiva_

_deportiva_ Argentina Polo

Tortugas

The 2011 Triple Crown

Hurlingham
Palermo

Sept. 27 - Oct. 15

Oct. 18 - Nov. 6
First Round: Oct. 18/19 Seminal: October 29/30 Final: November 6

Nov 19- Dec. 10 . First Round: Nov. 19/20 Seminals: Dec. 3/4 Final: December 10

First Round: Sept 27/28 Seminal: October 8/9 Final: October 15

FINAL

2011

VIP

_deportiva_
La Dolna Audi 39 Goals & 333 Horsepower
Two of the brands synonymous with Argentina high-goal polo have joined forces. Audi, coming o a decade of dominance in the Argentina luxury car market, will sponsor La Dolna, the odds-on favorite to win this years poloTriple Corona of Tortugas, Hurlingham and Palermo. And just as the 2011 line of Audis feature several upgrades, the 2011 edition of La Dolna combines a solid foundation (Adolfo Cambiaso and David Stirling) with some new high-tech gadgetry (Ellerstinas Juan Martin Nero and Pablo MacDonough). Together the 2011 version of La Dolna sports 39-goals under the hood and enough horsepower to blow the saddles o the opposition. For their ocial vehicle of choice, the team opted for a sleek black 333-horsepower Audi Q7 3.0 TFSI which sports both the four rings of Audi and the LD of the team with the highest handicap in the world. With Peugeot ocially out of the picture, the ocial team name is La Dolna Fly Emirates reecting an important Middle East partnership with the airline that launches Dubai to Rio and Buenos Aires daily service on January 3.

_deportiva_

_deportiva_
Who Runs Buenos Aires?
Its a good question to ask considering this is an election

year in Argentina. Last year we wrote that BA had suddenly become A Runners Paradise. This year the sport has exploded with bigger races, better courses, more sponsors and, most importantly, runners.

A lot more.

Clarn says the Boom de Carreras is drawing 20% more participants than last year while female participation has grown 50% over the past decade. The sports beauty is its simplicity. You dont need fancy gear or expertise or money, says Clarins Jimena Olazar, so there are no excuses for not joining this new phenomenon. Seasoned runners and would-be corredores in Buenos Aires also have a great support network from the local Club de Corredores to Runnin Magazine with over 12,000 Facebook friends to the City of Buenos Aires herself which offers Buenos Aires Corre, free running education and training in ve locations throughout Capital Federal.
The 2009 Edition of the Nike 10K converted Libertador Avenue Into A Sea of Blue.

_deportiva_
Running teams in BA, Rosario, Crdoba and Mendoza, both informal and corporate-sponsored, are also growing at a phenomenal rate: 600% since 2001. And the payoff for all that training? Huge weekend races that feel more like a party than a pounding. Part road race, part rock concert, part love parade with thousands donning the requisite race shirt, road races in Buenos Aires are the most fun you can have with your shoes on. We Run Buenos Aires, Nikes annual 10K has become one of the most anticipated events on the running calendar. For the 2010 edition, the streets were bathed in a sea of day-glo green shirts, and Nike further solidied its reputation as the brand synonymous with running in Argentina. (Race Video)
The 2010 We Run Buenos Aires 10K with the Obelisk in the Background

_deportiva_
The 2011 edition of We Run Buenos Aires will take over the streets of BA on November 12, and this years color choice would make any die-hard Florida Gator, Clemson Tiger or Holland National Team fan (all Nike-sponsored clubs) proud. This years WRBA also promises to be one of the most high-tech and viral road races thanks in part to Nike + technology and the social networking tools employed during the online registration process. When registering for the race, runners are given the option of e-mailing four friends, tweeting their registration, posting on their own facebook page and even receiving SMS updates on their smartphone including their nish time the minute they cross the line. Another year, another race, more proof of who really runs Buenos Aires. If Nike continues to dominate the local landscape, runners may begin to think BA stands for Beaverton, Argentina.

_deportiva_

THE Top

10

Polo Players In The World

_deportiva_

10 Guillermo Caset, Jr.

Nationality Argentina

The TOP 10 POLO PLAYERS In THe World

Status Professional Handicap 8 World Polo Tour Points 537

_deportiva_

9
The TOP 10 POLO PLAYERS In THe World

David Stirling, Jr.

Nationality Uruguay Status Professional Handicap 9 World Polo Tour Points 570

_deportiva_

8
The TOP 10 POLO PLAYERS In THe World

Lucas Monteverde
Nationality Argentina Status Professional Handicap 9 World Polo Tour Points 584

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7
The TOP 10 POLO PLAYERS In THe World

Eduardo Novillo Astrada, Jr.

Nationality Argentina/UK Status Professional Handicap 9 World Polo Tour Points 652

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6
The TOP 10 POLO PLAYERS In THe World

Hilario Ulloa
Nationality Argentina Status Professional Handicap 9 World Polo Tour Points 744

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5
The TOP 10 POLO PLAYERS In THe World

Facundo Pieres
Nationality Argentina Status Professional Handicap 10 World Polo Tour Points 973

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4
The TOP 10 POLO PLAYERS In THe World

Juan Martin Nero

Nationality Argentina/Italy Status Professional Handicap 10 World Polo Tour Points 1,003

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3
The TOP 10 POLO PLAYERS In THe World

Gonzalo Pieres, Jr.

Nationality Argentina Status Professional Handicap 10 World Polo Tour Points 1,006

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2
The TOP 10 POLO PLAYERS In THe World

Pablo Mac Donough

Nationality Argentina Status Professional Handicap 10 World Polo Tour Points 1,015

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1
The TOP 10 POLO PLAYERS In THe World

Adolfo Cambiaso
Nationality Argentina Status Professional Handicap 10 World Polo Tour Points 1,021

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lgodon Wine Estates

When CNN/Money Magazine recently selected four of the best destinations in the world for retirement, three of the cities were in the United States and one was located in a picturesque corner of Argentine wine country: San Rafael, Mendoza. Could there have been a better validation for the US-based investor group that chose to call San Rafael home four years ago? They arrived in 2007 with the vision of living the winemakers dream. Today, that dream is becoming a reality...

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FROM THE MANSION TO MENDOZA
Since opening in Recoleta last year, the Algodon Mansion has quickly established itself as one of the premier hotels in Buenos Aires. Accolades have come fast and frequently from the international travel press including Travel+Leisures 2011 It List and the 2011 Cond Nast Hot List. With business rmly established in Buenos Aires, the New York developers behind the Algodon brand have set their sights on San Rafael, Mendoza for their next major development which is certain to appeal to foreign investors contemplating private vineyard ownership in Argentina. While all of the Algodon Wines tasted were superb, one of the real surprises was the Bonarda. On InvestBA, we have chronicled the meteoric rise in popularity of Argentine Bonarda, and it seems Argentinas second-most produced red may have found the perfect home in San Rafael.

A FIRST TASTE OF SAN RAFAEL

I rst visited Algodon Wine Estates in the fall (April) and fell in love with the project, the location, the natural beauty at the base of the Sierra Pintadas and of course, the wine. Some of the vines at Algodon Wine Estates date back to 1946, and I had the pleasure of dining with Algodons Senior Wine Advisor, Mr. Anthony Foster (pictured).

Bonarda grapes need hot weather, plenty of sunshine over the cluster, low yield and adequate ripening conditions. San Rafael offers all of these qualities plus two nourishing rivers supplying glacial runoff from the snow-capped Andes. On the second day, Mr. Foster gave us a guided tour of the Algodon winery which produces several award-winning Malbecs, Bonardas, Cabernet Sauvignons, Merlots, Pinot Noirs and a unique Cabernet/Syrah blend. He was enthusiastic about the quality of the 2011 Harvest, as well as the progress of the 2010 varietals.

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lgodon Wine Estates

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SLEEPING SOUNDLY IN MALBEC
The Lodge at Algodon Wine Estates offers ve-star accommodations and 10 very spacious, well appointed rooms each named after a different varietal. My room, Malbec, was located in the Wine & Golf Lodge which features a cozy gallery with two replaces, large sofas and an honor bar stocked with ne scotch and bourbon. The warm mix of colors and textures in the Wine & Golf Lodge stands in sharp contrast to the more formal black-and-white of the Algodon Mansion, the Wine Estates big city cousin. Like the Mansion, the Lodge is no stranger to accolades having already picked up the 2010 Wine Tourism Award for Best International Accommodations from Great Wine Capitals. The rooms feature beautiful King-size beds with enormous headboards, sitting areas with stoves, custom cabinetry and private terraces for relaxing outdoors after a round of golf or horseback riding. Attention to detail is evident from the antique mates on the desk to the Algodon milled soaps.

LIVING THE DREAM

The long weekend at Algodon Wine Estates offered the perfect elixir of relaxation, ne wine, natural beauty and even a round of golf amid half-century-old vineyards. Two emotions dened the return ight to BA on Monday: sadness over leaving mixed with elation over discovering a hidden gem only a few knew aboutuntil now. Earlier this year CNN Money chose San Rafael as one of 4 Great Places to Retire. The Fortune blog described the city with a population of 173,000 as being very affordable with plenty of amenities, and the feel of a small European town. CNN Money says San Rafaels charms are beginning to lure expats from the U.S., Canada and Europe in search of a unique retirement destination where those with an active lifestyle and an entrepreneurial spirit are nding un paraso argentino. For more information about investment opportunities at Algodon Wine Estates and living the winemakers dream, click here.

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lgodon Wine Estates
Private Vineyard Lots & Luxury Homesites Now available
Lot Sizes from 1/2 acre to 4+ Acres Priced from US$55,000 Financing Available

INVESTBA
selection

More Information: Click Here or e-mail awe@investba.com

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A New Bottle for Argentine Malbec
Veralia Argentina, a global glass manufacturer with ofces in Mendoza, is rolling out three distinctive bottles that will carry the stamp Malbec Argentina. The company has been working on the initiative for three years and believes it will help Argentine Malbecs easier to identify in foreign grocery and liquor stores, according to Los Andes Miguel Angel Flores. This could prove especially true in the United States where most retailers tend to group Argentine wines under a catch-all category like South American wines. The new bottles are part of the Ecova line which Veralia introduced in 2009 and come in three different sizes to indicate the individual wines quality : Maipo (premium), Cuyo (super premium) and Icono (self explanatory).

DeNiro, Bono Investing In Mendoza

Pairing is everything when it comes to ne wine and cuisine, and the pairing of the worlds greatest living actor with one of the worlds best wine producing regionswould be a maridaje increble. According to Los Andes, Robert De Niro may soon join the list of celebrities investing in Mendoza vines. The legendary actor is interested in purchasing an approximately 100-acre vineyard in Mendoza. While the deal has not closed, the paper says negotiations for a Mendoza vineyard are fairly advanced. Earlier this year U2 lead singer Bono was spotted in Mendoza shopping for his own private vineyard. Sources say the tentative name for Bobby Ds Argentine wine is ttinglyRodrigo Mendoza, the same name of the character he played opposite Jeremy Irons in the 1986 lm, The Mission.

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Argentinas Source for Wine & Spirits

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More Foreigners Buying in Mendoza
The number of foreign investors buying real estate in Mendoza continues to rise according to a new survey of buyers and brokers in Los Andes Online. Gabriela Balls says investors view Mendoza as a safe place to invest with regions like the Valle de Uco, Vistalba, Chacras de Coria and San Rafael as some of the most sought-after destinations in Argentinas most prolic wine region. In terms of who is doing the buying, Balls says our neighbors from Chile top the list followed by the French, Americans, Italians, Spaniards and Canadians. The economic slowdown in Europe has triggered a wave of Mendoza-bound migration from Spain and Italy, while similar malaise in our hemisphere is resulting in more North Americans investing in Argentina vineyard properties, raw land or second homes in Mendoza. Balls spoke with one broker who listed New York, Los Angeles and Miami as three of the U.S. markets where the number of inquiries for investment opportunities in Mendoza have risen sharply in recent months with crisiseeing Europeans and real-toting Brazilians rounding out the Big 3. The author said every broker she consulted says foreign investors are drawn to casual living elements surrounding the vineyard lifestyle like ne dining, golf, tennis, hotels, Spas, polo and horseback riding.

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SALENTEIN
Reserve Malbec 2010
Notes: Prime example of a Valle de Uco Malbec. Deep, sexy violet color. On the nose intense red fruit and blackberry aromas. In the mouth, juicy at entry where you find the same intensity as the nose. The fruit and the oak are well balanced. Gives a long finish that begs for another glass.

LAS PERDICES
Reserva Bonarda 2008
Notes: One of Argentinas finest Bonardas. Very intense purplish/red color. Aromas of raspberries and red fruits with a spicy background with delicate hints of vanilla courtesy of the oak. Elegant, nice and friendly on the palate. Smooth, velvety tannins. Balanced with spice notes, red fruit, chocolate & coffee.

DEL RIO ELORZA

Verum Merlot 2009
Notes: Its no secret the Patagonia region produces Argentinas best Merlot, and this Verum Merlot is marvelous. Visually intense red with aromas of red fruit and vanilla from the wood. The tannins are round and mature. Finish is smooth and persistent.

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KRONTIRAS
Doa Silvina Fresh Malbec 2011
Notes: A unique Malbec which somehow emulates the great Nouveau Beaujolais. Ideal for drinking at 48-50 degrees. Deep violet. The nose is pure fruit, figs. The palate is lively with Malbec notes more pronounced at the recommended temperature. Another fine example of the versatility of the Malbec grape.

TERRAZAS/CHANDON
Terrazas Torrontes Reserva 2010
Notes: Its no coincidence this wine has won two consecutive Decanter Wine Awards in 2010 and 2011. The traditional Northern Argentine vine achieved international accolades as only Moet & Chandon of Argentina can do it. Yellow with green tints. Aroma of jasmine, lemon, roses. Excellent acidity in the mouth. A genuine world-class Torrontes.

All reviews courtesy:

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Prodeo Hotel BA Hotels

Create Unique Spaces to Close the Deal

A delegation of UK businessmen recently ew 7,000 miles from London to BA to pursue tourism investment opportunities in Argentina. Meetings with government ofcials were scheduled well in advance and a convenient location was agreed to by all parties: the hotel restaurant. The visiting delegation could simply take the elevator to the lobby, the locals knew the landmark property by heart, and bilingual, rst-class service was guaranteed. Its hard to imagine a better place to showcase Argentinas hospitality and culinary offerings to potential tourism investors than a working breakfast or lunch in one of the citys nest hotels. MensajeroWeb says the breakfast in question at the Four Seasons Buenos Aires gave Argentina tourism ofcials the perfect platform for making the case for investing in Argentinas tourism sector to the visiting Brits. And while Buenos Aires hotels have more meeting and convention space than any other city in Latin America, who wants to sit in another drab conference room with the requisite Polycom, dry erase board and deli platter? Its the unique dining, drinking and smoking spaces in BA where you are more likely to seal the crosscultural deal. From a La Mansion brunch at the Four Seasonsto the Vinoteca at the Palacio Duhau to the Cigar Lounge at the Algodon Mansion, these are creative spaces that re the imaginations of foreign investors, especially those seeking to do something equally bold and adventurous in the booming world of Argentina tourism.

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Sunset at the Playa Vik in Jos Ignacio, Uruguay