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Property: A tale of two cities: Coastal growth versus urban inertia

By Tom Burgis

Published: May 14 2007 11:25 | Last updated: May 14 2007 11:25

What started as an elegant doodle on the back of a napkin may be about to launch a new era in the Uruguayan property market.

Rafael Viñoly, Uruguay’s best-known architect, had built nothing in his native country before a group of developers led by a Hungarian businessman persuaded him to visit the site they had earmarked for a set of luxury apartments.

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