The Libra Group is a privately owned international business group created in 2003. It comprises the diversified business interests of the Logothetis family that for the preceding 28 years had been focused exclusively on international shipping. Today our group controls 30 operating subsidiaries in 25 locations across four continents and is predominantly focused on five core sectors: shipping, aviation, real estate, hospitality and energy.
The rapid expansion of the Libra Group was made possible by the sale of a total of 67 vessels between 2004 and 2006. It was during this time that the group diversified its activities.
Recently we have been again investing at scale in the transportation sector. Our aviation leasing business has acquired aircraft with a value approaching $5 billion since its inception. In November 2007 we sold our entire aircraft fleet and in early 2009 resumed our acquisition programme. During the current market downturn our shipping company, Lomar, has acquired approaching 60 vessels.
Our residential and commercial real estate interests are global and include ownership of three million square feet of residential and commercial property in South America plus a portfolio of real estate in many of the world's leading economic hubs including Los Angeles, Miami, New York, London, St Petersburg, Athens, Singapore and Bangkok.
Our hotel and hospitality interests, including those under construction, comprise over 30 owned and managed hotels and restaurants that regularly receive global critical acclaim.
Meanwhile, our energy businesses that began with solar and wind parks in the Mediterranean have now expanded to include industrial-scale biofuel manufacturing and ownership of fuel cell and other cogeneration plants in North America, as well as biogas facilities in Northern Europe.
The group owns a number of companies that fall outside our core business sectors yet meet our broad investment criteria. These diversified investments currently include a film/TV production company in Los Angeles, a financial services company, and a Greek agriculture business.
Because Libra is a family business, we hold dear to family values but we also encourage diversity and initiative. Each Libra Group business exercises a considerable degree of autonomy. We believe that local experience and insight aids confident investment decisions and ensures operational efficiency.
- Global Reach
- Track Record