2 May 2013
Lomar, the shipping subsidiary of the Libra Group, has announced acquisition of four container vessels and three chemical tankers.
The 2,500 TEU Luna built in 2002 and the 1,100 TEU Stadt Muenchen built in 1999 have been acquired for an undisclosed sum. CEO of Lomar, Achim Boehme, stated: “These acquisitions further assert our commitment to the container vessel sector having placed orders for up to 12 newbuilding containers in 2012"...
25 Apr 2013
Grace Hotels, the award-winning boutique hotel group, is proud to announce its entry into the North African region with the acquisition of the acclaimed Les Terres M’Barka, a luxury boutique hotel located near the village of Tamesloht, just 22 kilometres south west of Marrakech. The hotel will become known as Grace Marrakech...
24 Apr 2013
The Hellenic Entrepreneurship Award today announced the four winners for 2013 who will receive business start-up funding as well as mentoring and business support services. Funded and administered by the Libra Group on behalf of The Hellenic Initiative (THI), the Hellenic Entrepreneurship Award helps Greek entrepreneurs to overcome economic barriers and pursue innovative business plans. The Libra Group, which has committed €5,000,000 to the award, initially pledged €500,000 in funding for the 2013 winning companies, but following a highly competitive selection process it was felt that the strong business plans presented by the four winners merited increasing this year’s total to €575,000. The additional funding will be provided by Jalouise Pty Ltd, another supporter of The Hellenic Initiative...
8 Apr 2013
The Hellenic Entrepreneurship Award today revealed the ten entrepreneurs who are finalists in line to receive up to €500,000 in funding for a new business venture, as well as business support services and a personal mentor from the Libra Group, which is funding and administering the program on behalf of The Hellenic Initiative (THI). Later this month, between one and five entrepreneurs in Greece will be chosen as award recipients based on their business start-up plans. The award judges are looking for ideas that demonstrate innovation, job creation, financial discipline, sustainability and social responsibility...
4 Mar 2013
Lease Corporation International (LCI), the aviation division of Libra Group, the international business group, announces that it has entered into a long-term lease with the Avincis Group (Avincis), the world's leading provider of mission critical services, for a new AW139 helicopter...
4 Feb 2013
The deadline for submissions is fast approaching for the Hellenic Entrepreneurship Award (HEA), an annual award program which offers entrepreneurs in Greece the chance to receive funding of up to €500,000 for a new business venture, plus comprehensive mentoring and consultancy. Both experienced and budding entrepreneurs have until 28th February 2013 to...
19 Dec 2012
FCA Group announced today its acquisition of 222 residential condos representing the majority of the 291-unit Jasmine at Tamarac community in Tamarac, Florida.
Originally built in 1987 as a multifamily rental community, Jasmine at Tamarac underwent a condominium conversion and renovation program in 2006. With spectacular views of the surrounding Colony...
28 Nov 2012
The Hellenic Entrepreneurship Award, which offers entrepreneurs in Greece the chance to receive funding of up to €500,000 plus comprehensive mentoring and consultancy for a new business venture, was officially launched today by The Hellenic Initiative (THI). The annual award program aims to create opportunity for both experienced and budding entrepreneurs by...
2 Nov 2012
Aamina, the strategic investment and Middle East arm of the Libra Group, has opened a new office in Erbil, Kurdistan. With a population of 1.3m, Erbil is the fourth largest city in Iraq after Baghdad, Basra and Mosul, and is the capital of Iraqi Kurdistan.
By establishing a presence in the north of Iraq, Aamina will be able to capitalize on the improving and increasingly...
4 Oct 2012
Greenwood Energy, the North American renewable energy division of the Libra Group, today announced a new joint venture with Biosar Energy S.A., a global leader in the construction of medium and large scale photo-voltaic (PV) solar systems throughout Europe. Biosar brings proven engineering, procurement and construction (EPC) capabilities to combine with...
1 Oct 2012
Experienced global statesman Hon. John Negroponte has joined the board of Aamina as senior advisor. A former US Ambassador to the UN and Iraq, which capped and long and distinguished diplomatic career, Ambassador Negroponte brings a lifetime of geopolitical experience at the highest levels of public administration and international relations, including Deputy...
27 Sep 2012
The second annual Concordia Summit took place in New York City today. For the second year in succession the Libra Group was the lead sponsor for the event. Keynote speeches and sessions featured world leaders and global statesmen, alongside several international names in business, politics and the public sector. A major highlight was President Bill Clinton offering...
17 Sep 2012
Maine‐based US Hotels (www.ushotelsgroup.com) has today announced the acquisition from the Carlyle Group of two boutique hotels to add to its portfolio of luxury hotels, restaurants and spas across the Northeast of the United States. The new properties are: The Orchards in Williamstown, MA and The Centennial in Concord, NH. These join US Hotels’...
7 Sep 2012
Greenwood Energy, the North American renewable energy division of the Libra Group, today joined the U.S. Environmental Protection Agency’s Combined Heat and Power Partnership (“Partnership”). The Partnership program advocates the implementation of high-efficiency combined heat and power (“CHP”) technology to reduce the environmental impact of...
27 Aug 2012
Aamina is a new joint venture holding company comprising two operating subsidiaries that will invest in international public market securities and unique emerging market investments. Aamina New York has a clear focus on investment in publicly quoted securities, whilst Aamina Dubai will concentrate on strategic opportunities in diversified businesses throughout the...
10 Aug 2012
Greenwood Energy, the North American renewable energy division of the Libra Group, announced today it will install a second combined heat and power plant (“CHP”) for Millennium Hotel and Resorts in New York City. This project, which will be located at the Millennium Broadway Hotel in midtown Manhattan, follows the first CHP installation at Millennium Hilton...
11 Jul 2012
FCA Group, the North and Central American real estate investment and property management arm of international business the Libra Group, has added to its growing property portfolio with the acquisition of 94 condominium units in the 110-unit Oaks at Granada residential development in the densely populated Tampa Bay area of Florida. The two- and three-bedroom...
18 Jun 2012
Greenwood Energy, the North American renewable energy division of the Libra Group, today signed a commitment of $50 million to the US Department of Energy’s Better Buildings Challenge which matches universities, retailers and large-scale property owners with financial allies to develop energy efficiency projects. Currently, The U.S. Department of Energy has a...
1 Jun 2012
EuroEnergy, the renewable energy division of the Libra Group in Europe, has announced an expanded portfolio of wind farm assets in Greece with a projected total capacity of approximately 150MW. The first two parks in the north of the country currently have a combined capacity of 50.6MW. Wind measuring studies have been completed and they are now in the...
28 May 2012
Lomar has increased its fleet size further with an order for up to six new container ships. The 1,100 nominal TEU capacity vessels are geared and have a homogeneous load capability of 705 TEU at 14mt/TEU. These vessels are being built by Yangzijiang Shipbuilding (Holdings) Ltd., a successful private shipyard in China with over 50 years of shipbuilding experience...
10 Apr 2012
FCA Group has acquired a prestigious building located at 1500 Ponce de Leon Boulevard in Coral Gables, one of Miami’s prime business addresses. FCA will occupy the entire building, which will become its new headquarters for North and Central America. The all-cash deal closed in April 2012.
Built in 2003 as a major Floridian bank branch and occupying 110 feet of...
29 Mar 2012
Greenwood Energy, the North American renewable energy division of the Libra Group, today announced its engagement to install the first combined heat and power plant for the Millennium Hilton Hotel in the heart of New York. This transaction represents a unique development in hotels to reduce energy costs and increase energy efficiency. It is a further addition to...
1 Mar 2012
Lomar has signed an order with the Guangzhou Wenchong Shipyard in South China, for up to six new container ships. Scheduled for delivery starting from early 2014, the 2190 nominal TEU capacity vessels (14mt/TEU homogenous load of 1570 TEU) have been designed by leading Chinese design institute SDARI (Shanghai Merchant Ship Design and Research...
27 Feb 2012
Shankly Productions, the international TV production and distribution company, has completed a comprehensive rebrand exercise which includes changing its name to Principal Media LLP.
"Shankly Productions is now known as Principal Media, reflecting our commitment to high quality productions and first-rate relationships," said Principal Media CEO, David E...
20 Feb 2012
Grace Hotels has announced the opening this spring of 'The Villa' at Grace Santorini. The new 400 sq m two-bedroom private residence with its own spa, kitchen, terraces and swimming pool becomes the largest suite at any Grace hotel and is among the largest hotel suites in the Cyclades Islands. Perched dramatically above Santorini's famed Caldera, it offers a perfect...
12 Feb 2012
Lease Corporation International (LCI), the aviation division of global conglomerate the Libra Group, and AgustaWestland, a Finmeccanica company, have signed an agreement covering the purchase of a fleet of AW139, AW169 and AW189 helicopters for a new division being set up by the lessor. The related contract, which also includes options, is valued in excess of...
1 Feb 2012
Lomar Corporation, a subsidiary of the Libra Group, has signed an order with COSCO Group in China for up to six ‘Ultramax’ bulk carriers. Scheduled for delivery starting from early 2014, the ‘Dolphin’ 64,000 dwt vessels have been designed by leading Chinese design institute SDARI (Shanghai Merchant Ship Design and Research Institute) and meet the highest...
5 Dec 2011
FCA Group, the North and Central American real estate investment and property management arm of global conglomerate the Libra Group, today announced that it has acquired 212 units at the 264-unit Grand Pavilion residential estate in Tampa, Florida. The company now occupies around 85 percent of the sought-after garden-style community and brings FCA Group's...
17 Oct 2011
Effective October 1st 2011, the Hon. John Negroponte, former US Deputy Secretary of State and Ambassador to the United Nations, has joined Greenwood Energy as Senior Advisor and Board Member. Mr. Negroponte will provide strategic advice and senior counsel to Greenwood’s management as it continues to build its platform of investment in both the renewable...
10 Oct 2011
Greenwood Energy has announced its first power contract with the purchase of a 1.4 megawatt (MW) Direct FuelCell® power plant from FuelCell Energy, Inc. (NASDAQ: FCEL), a leading manufacturer of ultra-clean, efficient and reliable power plants.
Energy from the new power plant, located on the campus of Central Connecticut State University in New Britain...
1 Oct 2011
Following the 2010 acquisition of waste-to-energy specialist, Greenwood Fuels, October 2011 sees the creation of Greenwood Energy which becomes Libra Group’s North American renewable and clean energy subsidiary, encompassing Greenwood's fuel pellet technology and a new power division investing in clean power generation projects. The company...
22 Sep 2011
International boutique hotels group Grace Hotels has launched Bespoke by Grace, a totally new and original concept that enables guests to customize numerous aspects of their hotel stay before they arrive. Bespoke in-room options span choice of pillows, fragrances and minibar contents, and special experiences such as champagne every evening and use of a mobile...
14 Sep 2011
Grace Beijing (www.gracebeijing.com), the new boutique hotel for the Chinese capital has officially opened its doors for business today. Formerly the Yi House Hotel, this addition to Grace Hotels (www.gracehotels.com), the award-winning boutique hotels brand, marks its first entry into the Asian market. Uniquely, the property lies in the heart of Beijing's...
12 Sep 2011
Lease Corporation International (LCI), the Dublin-based aircraft lessor, has today announced the appointment of Michael Platt as CEO, effective 1 January 2012. He joins the management team with immediate effect as CEO Designate, working closely with current CEO, Crispin Maunder, who will become Executive Chairman.
Michael Platt, 51, joins the company with over...
1 Sep 2011
Grace Hotels, the award-winning luxury boutique hotel group, has announced the debut of Muse by Jonathan Cartwright at Vanderbilt Grace in Newport, Rhode Island. Chef Cartwright is Grace Hotels' Group Chef de Cuisine, in addition to his role as Grand Chef Relais & Châteaux at Vanderbilt Grace's sister hotel, The White Barn Inn in Kennebunk, Maine. Vanderbilt...
1 Sep 2011
The Libra Group, a privately owned international business group, has announced the launch of its International Internship Program for a select 20 students per annum to be run in cooperation with The American College of Greece and the Greek America Foundation. The program will initially select 10 students from the American College of Greece to first study abroad at...
30 Aug 2011
The Concordia Summit, a non-profit organization that seeks to develop private/public partnerships around pressing global issues, announced today that it will host its inaugural summit focusing on the global fight against extremism on September 20th, 2011 in New York City. The Libra Group is a corporate partner for the event.
The objective of this conference is to strengthen...
1 Aug 2011
Work has begun on the Grace Cafayate Hotel & Residences complex after the symbolic turf cutting ceremony held at the site last month with Raúl González Neira, President of Grace Cafayate and CEO of First South American Investments, and Juan Esteban Romero, partner in the Cafayate Estate. Completion of the project is scheduled for late 2012.
The development of...
28 Jul 2011
Grace Hotels Group (www.gracehotels.com), the award-winning boutique hotels group has announced its entry into the Asian market with the acquisition of the acclaimed Yi House Hotel in partnership with the hotel's former owners. The property lies in the heart of Beijing's famous 798 Art District, the thriving cultural centre that is one of the city's leading...
15 Jun 2011
West Hollywood-based Shankly International Distribution has teamed up with PassmoreLab, one of the most prominent producers of 3D programming in the U.S. Shankly will exclusively represent worldwide TV rights for twelve new PassmoreLab titles, all scheduled to debut later this month.
Among the leading players in 3D film and TV production,...
1 May 2011
FCA Group has acquired 79 condominium units in a garden-style development, Heron Pond, in Pembroke Pines, Florida. Located in one of the most desirable residential areas of Broward County, the shared space includes a lake, tennis courts, a playground and two swimming pools. These secluded residences are in high demand and the vast majority of them have...
8 Apr 2011
Grace Hotels, the family-owned award-winning hotel group is delighted to announce the opening of Vanderbilt Grace in Newport, Rhode Island.
The property was acquired in late 2010 and is the first Grace hotel in the USA. The former Vanderbilt Hall now opens its doors as Vanderbilt Grace, an exquisite mansion hotel which in recent years has been restored to...
11 Mar 2011
West Hollywood-based TV production & distribution company, Shankly Productions, has appointed David E. Brenner as Chief Executive Officer.
Mr. Brenner, formerly Executive Vice President at Shankly, will oversee all of the company's development, finance, production and distribution activities.
Founded in 2007, Shankly Productions is a subsidiary of the Libra Group...
19 Jan 2011
Grace Hotels (www.gracehotels.com), the luxury boutique hotels group has appointed the Grand Chef Relais and Châteaux, Jonathan Cartwright, as Group Chef de Cuisine with global responsibility for defining and managing the dining experience across all Grace properties. Chef Cartwright will remain Executive Chef at the White Barn Inn which is part of the same...
12 Jan 2011
Lomar, the shipping arm of the Libra Group, has acquired three 13,000 dwt chemical tankers from Hellespont Ship Management. TheHellespont Credo,Hellespont CreationandHellespont Chivalrywere built between 2006 and 2007, and their addition to the Lomar fleet takes it to 40 ships in total.
Lomar sold almost its entire fleet between 2004 and 2007. In late 2009, the...
1 Jan 2011
2010 was a year of significant expansion for Lomar. Early in the year the company acquired four LPGs - the 3200 cbm Malvern, Cheltenham and Longchamp and the 3500 cbm Auteuil. During the year three container ships were added - the 797 TEU Halcyon, the 1066 TEU Eastern Glory and the 1118 TEU Hamburg Trader. Finally in January 2011 Lomar acquired three chemical...
1 Jan 2011
EuroEnergy has opened an office in Latvia and entered joint venture to develop a series of biogas production facilities. The initial agreement covers six plants and the first 0.5 MW development is fully completed. The remaining projects will be fully completed and commissioned during late 2011 to early 2012.
EuroEnergy is the European renewable energy subsidiary of...
1 Jan 2011
Shankly Productions is nominated for an Emmy Award for its TV series First Ascent in the 'Best Camerawork, Sports' category. The series which profiles extreme adventure athletes aired on the Travel Channel in the U.S. and on National Geographic throughout the world.
The series, co-produced by National Geographic International, has now sold in over...
20 Dec 2010
Grace Hotels, the award-winning luxury boutique hotels group, has announced its expansion into Central America following a strategic alliance with F&F Properties, one of Panama City's most prestigious real estate developers. Grace Panama, its first hotel in Central America, will form part of the striking new Twist Tower office and hotel development in Panama City's...
15 Dec 2010
The Public Utilities Commission of Ohio (PUCO) ruled that Greenwood Fuels' customers in Ohio can be certified as eligible renewable energy resource generating facilities.
As such, these facilities will be able to generate renewable energy credits (REC) proportionate to their usage of Greenwood Fuels pellets. These credits, particularly valuable as they are created in...
8 Dec 2010
Grace Hotels Group (www.gracehotels.com), the award-winning luxury boutique hotels group has announced its entry into the US market with the acquisition of the historic Vanderbilt Hall hotel and spa in Newport, Rhode Island. The group is set for global expansion including more Grace hotels in South, Central and North America. The company recently announced its...
1 Dec 2010
Less than a year after launch the Beccar Plaza development, First South American Investments (FSA) has unveiled Beccar Plaza II, the second tranche in this premium development. Along the same lines of styling and design, it will also incorporate the latest in residential innovations such as regulated lighting and mobile-controlled air conditioning.
Work will begin on Beccar...
17 Nov 2010
Grace Hotels group (www.gracehotels.com) has begun its expansion into the Americas with the announcement of the Grace Cafayate hotel, spa and residential villas development in Calchaquí Valley in the northwest of Argentina. The hotel and villa complex, which will have up to 52 keys, will form part of 'La Estancia de Cafayate', a secluded 1,250 acre residential and...
4 Nov 2010
Greenwood Fuels received the 2010 Manufacturing Award of Distinction during a ceremony held by the Green Bay Area Chamber of Commerce. Now a decade-old tradition, this event honors companies who have achieved continued excellence in manufacturing and supporting local economic development.
Ted Hansen, General Manager of Greenwood, accepted the...
1 Nov 2010
The Travel Channel has picked up ground-breaking action docu-series "First Ascent" for U.S. television from Hollywood-based distributor, Shankly International Distribution.
A co-production with National Geographic International and Sender Films, "First Ascent" captures all the excitement and adrenaline as expert mountaineers push their vertical skills to the limit. The climbers...
19 Oct 2010
Greenwood Fuels has received a $1.25 million low-interest loan through the Wisconsin State Energy Program. The loans, awarded by the Wisconsin Department of Commerce, were funded through the American Recovery and Reinvestment Act.
Greenwood Fuels invested more than $5 million in equity capital to refurbish its existing manufacturing facility and purchase...
18 Aug 2010
As it marks its fifth year in Argentina, First South American Investments alongside its property investment partner Belgravia Land & Development has unveiled the third building of modern offices in the Optima Business Park. Completed in line with Green Building guidance and regulations, it represents an investment in excess of US $10m.
Designed by architect Mario...
13 Aug 2010
West Hollywood-based Shankly International Distribution has licensed its rock climbing adventure series "First Ascent" to eight more territories. The series, co-produced by National Geographic International, has now sold in over one hundred countries.
Shankly completed deals for the series with BBC Scandinavia for Scandinavia and Poland, as well as with Extreme Channel...
30 Jul 2010
The Libra Group has announced the acquisition of Greenwood Fuels, an innovative producer of renewable fuel products that help its customers meet increasingly stringent environmental and sustainability standards. The acquisition of Greenwood Fuels is the first renewable energy investment for Libra Group in the United States. Libra already has extensive solar and...
25 May 2010
Maine based luxury boutique hotel group, US Hotels, has added the Asticou Inn in Northeast Maine on the doorstep of Acadia National Park, to its signature collection. US Hotels, best known for its Relais & Châteaux properties, The White Barn Inn in Kennebunkport, Maine and The Windham Hill Inn in Vermont, is working to apply its infrastructure, hospitality ethos...
12 May 2010
Global television distributor Shankly International Distribution has closed a multi-territory deal with BBC Worldwide Channels for its rock climbing series "First Ascent". The deal gives BBC Worldwide Channels premiere rights to the series for its BBC Knowledge feeds in Poland and the Nordic region.
A co-production with National Geographic International and Sender...
1 May 2010
Grace Santorini celebrates the coming of summer with three new rooms and a picturesque al fresco restaurant complete with Mediterranean influences from an open kitchen. Meanwhile Chef Spiros Agious returns to the Grace kitchens having gained valuable experience over the winter with two of the world's leading chefs, Michel Roux Junior of Le Gavroche, London...
1 Jan 2010
2010 saw the opening of Libra Group representative offices in Beijing, China and Hamburg, Germany. These offices provide a gateway to all of Libra's commercial interests 'under one roof'.
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...
1 Jan 2010
FCA Group, a subsidiary of the Libra Group, has today announced the acquisition of 109 residential condominiums located at Crescent Cove at Coral Springs Condominium complex in Coral Springs, Florida. Situated on a lushly landscaped 13+ acre site, Crescent Cove offers its residents an impressive array of community amenities including gated access with telephone...
1 Dec 2009
Lomar Corporation, a subsidiary of the Libra Group, has today announced the acquisition of the entire fleet of vessels owned by London-based Allocean group. The fleet of 26 modern ships comprises bulk carriers, container ships, liquid petroleum gas (LPG) tankers, platform supply vessels (PSV), anchor handling tug supply vessels (AHTS), a chemical tanker and a products...
1 Dec 2009
The Forbes Travel Guide, formerly the Mobil Travel Guide, has honored Maine's Relais and Châteaux White Barn Inn with multiple star ratings for its hotel, spa and restaurant. The hotel and spa each received four stars while the White Barn Restaurant isone of only 21 in the USA to have received five star status. The White Barn Inn provides the USA's only...
1 Sep 2009
FCA Group has acquired the Plaza Agora Transistmica and Plaza Agora Chanis business centres in Panama City to its commercial property portfolio. These two strategic investments strengthen FCA’s offering to large companies looking for a major single-site corporate facility, such as a modern day call center. The buildings previously formed the Sears department...
20 Jul 2009
Grace Hotels unveils what it believes to be the largest hotel suite on Santorini’s Caldera and a further seven new rooms at luxury boutique hotel Grace Santorini – just in time for the summer peak season. A new infinity pool with stunning aerial views has also been added. This sister hotel to the award-winning Mykonos Grace, now comprises a total of 17 distinguished rooms...
1 Jul 2009
In July 2009 Hon. John Negroponte, formerly US Deputy Secretary of State, Director of National Intelligence and Ambassador to the United Nations was appointed as Senior Advisor to the Libra Board of Directors.
John Negroponte, the son of a Greek shipping entrepreneur, is a US diplomat who has held some of the highest offices of state including Deputy Secretary of State...
14 Apr 2009
National Geographic Channels International has announced the co-production of the six-part series First Ascent with Shankly Productions. Filmed in HD, each of the 30-minute episodes will follow top-level adventure athletes as they attempt some of the most daring and dangerous mountaineering stunts in this extreme sport. The series will be available on NGCI's Nat Geo...
30 Mar 2009
Lease Corporation International (LCI) announced today that it has signed a firm agreement with Bombardier Aerospace for the purchase of three CS100 and 17 CS300 jetliners. LCI, which also took options on a further 20 CSeries aircraft, is a privately owned aircraft leasing company that owns and leases planes to major airlines. Based on list prices, the firm order...
2 Feb 2009
LCI has purchased 12 new Airbus and Boeing aircraft to enhance its fleet. The latest additions to the portfolio comprise 11 Airbus A330-300s and a further Boeing 777-300. The fleet has been increasing rapidly in recent months and this further acquisition boosts LCI’s reputation for swift transaction management and asset finance capability along with its standing in...
22 Jul 2008
Optima Business Park has been debuted by Belgravia Land & Development, the property investment division of First South American Investments. Located on the Autopista de Sol, Vicente López, one of the fastest-growing zones in the northern part of Greater Buenos Aires, this commercial development of modern offices is being managed by Roberts & Asociados with...
1 Jul 2008
The recent launch of Belgravia Residences, the latest prestigious residential property in Bangkok offers an excellent combination of a prime location in downtown Bangkok, spacious grand living in an exclusive, private enclave of only 48 units and unique touches including full concierge services.
Located in the city’s business and shopping belt of Sukhumvit, the...
26 May 2008
Regency Real Estate, has today announced that its residential real estate services division will henceforth trade as Greece Sotheby’s International Realty following its negotiation of exclusive rights to become the Sotheby’s International Realty affiliate throughout Greece. Regency Real Estate is a subsidiary of First Mediterranean Investments (FMI), a holding company...
23 Apr 2008
The latest destination for award-winning Grace Hotels Group is the romantic Mediterranean island of Santorini. Grace Santorini is the latest hotel to be opened by the Mediterranean's newest exclusive boutique hotel group, Grace Hotels. The property opens its doors this June, a year after the award-winning Mykonos Grace hotel made its debut. Set in Imerovigli...
23 Apr 2008
Lease Corporation International (LCI) has announced the opening of a Singapore office through the formation of a new Singapore based aircraft lessor. Singapore Commercial Leasing Pte Ltd will represent LCI and support its business development in the Asia-Pacific region. Like LCI, Singapore Commercial Leasing is a member of the Libra Group...
1 Apr 2008
US Hotels, an exclusive privately owned group of hotels providing select accommodation, cuisine, and service, has announced the acquisition ofWindham Hill Inn, an intimate and charming country inn set on 160 private acres in West Townsend, Vermont. The 21-room inn, which first opened in 1962, joins U.S. Hotels' collection of hotels and restaurants in New...
17 Dec 2007
Grace Hotels, the newly established luxury boutique hotel and residences group, has announced the appointment of leading hotelier Philippe M.E. Requin as Chief Executive Officer (CEO). The appointment comes at the end on an exciting debut year for the group in which its first property, Grace Mykonos, won the European Hotel Design of the Year Award.Effective from...
1 Dec 2007
Following the official opening of its headquarters in September in Panama City’s prestigious Torre Global, FCA Group has now completed its third acquisition in this landmark property. Current holdings include units on the 39th and 13th floors, one of which is rented to the Embassy of Argentina.
In addition, the company...
20 Nov 2007
Lease Corporation International (LCI), the global aircraft leasing company, has today announced a fleet renewal programme and has committed to acquire new aircraft worth around $750 million at list prices. This is the first phase of LCI's new acquisition programme to maintain one of the world's most modern leasing fleets and follows the disposal of 20 aircraft...
22 Oct 2007
The newly opened Grace Mykonos Hotel (www.mykonosgrace.com) has won a prestigious Hotel Design of the Year Award at this year's European Hotel Design Awards at a ceremony held in London's InterContinental Park Lane Hotel. The luxury boutique hotel that opened on the Greek island resort of Mykonos in April this year was nominated in three separate...
1 Jul 2007
The Libra Group has entered the renewable energy sector with the foundation of a new company, EuroEnergy. Established to increase the contribution of Renewable Energy Sources (RES) to the traditional energy mix, it will focus on solar, biogas and wind energy. Its main offices will be based in London and Athens, and it will operate throughout Europe.
The European...
14 Jun 2007
Lease Corporation International (LCI), the global aircraft leasing
company, has today concluded an agreement for the lease of the second of three Boeing 737-800 aircraft to Hong Kong Express Airways. The aircraft represent the first deliveries of new Boeing aircraft by LCI.
This aircraft is the 20th in the LCI fleet that now has a total value approaching US$1.2 billion. A third...
3 Jan 2007
A new luxury resort has been launched for the beautiful island in Koh Samui, Thailand. The hotel and residences are being developed by Proud Resorts Koh Samui Co. Ltd., a joint venture between Libra Group’s real estate and hospitality investment specialists in the Far East, First Oriental, and the Liptapanlop family. The Koh Samui resort will comprise 90 luxurious hotel...
1 May 2006
First Oriental, the Libra Group’s specialist real estate and hospitality development company for Southeast Asia, is set to bring an exclusive development of 48 luxury residences to a prime location in downtown Bangkok. Located in the city’s business and shopping belt of Sukhumvit, this new freehold development to be named ‘Belgravia Residences’ will combine spacious, grand living along with unique luxury lifestyle touches such as full concierge services...
6 Feb 2006
Libra Group, the privately owned international business group, has launched FCA Group, a new real estate investment subsidiary covering Central and North America. The company will undertake strategic investment in commercial and residential real estate throughout the regions with an initial focus on the investment opportunities presented by the many high quality office developments in Panama City. The company is already at an advanced stage of negotiation to secure a number of commercial properties...
1 Mar 2005
Recognising the investment opportunities present across South American continent, The Libra Group has created a specialist regional investment company, First South American (FSA) based in Buenos Aires, Argentina. The new company will identify and execute strategic long-term investments across South America and will initially comprise two autonomous subsidiaries...
1 Jan 2005
The Libra Group has entered the hotel and hospitality sector with the acquisition of a collection of hotels, restaurants and banqueting facilities as well as an exclusive marina in New England's Kennebunkport resort.
The properties will fall under a new Libra Group subsidiary to be named US Hotels. The company will focus on...
5 Apr 2004
The Libra Group has today announced its entry into the aviation leasing market with the creation of a new operating subsidiary, Lease Corporation International. The new Dublin-based company is currently investing in a mixed fleet of wide and narrow-bodied Airbus and Boeing aircraft which will be made available to airlines on the basis of operating leases. Strategically...
1 Jan 2004
The Libra Group has created First Oriental, a specialist real estate investment and development company for Southeast Asia. It represents Libra’s first foray into residential real estate in the region, beginning with the acquisition of 120 properties in Singapore’s prime residential areas. This launch portfolio, covering a diverse range of high-end and luxury developments...
1 Jan 2003
Libra Group was created in 2003 and represents the diversification of the Logothetis family business that for the preceding 25 years had been focused primarily on shipping.
Between 1976 and 1994, the company built up a fleet of reefers which operated in the global movement of perishable goods. By 1994 the company had begun to take advantage of the cyclical nature of the...
