GREATER GLOBAL REACH FOR COCO-MAT
COCO-MAT continues its international expansion with a further new store, this time in Johannesburg, South Africa, joining other new destinations on the map this year in the Japanese capital of Tokyo, and Vaud, Switzerland. Part of our diversified investments portfolio, the company produces sustainably sourced mattresses and natural sleep products.
ARIA'S PRIVATE ISLAND, GRACE ST. MORITZ'S NEW FUTURE
Aria Hotels debuts Pegassus, a whole private island located close to the Cyclades in the Aegean Sea for exclusive holidays. The Grace St. Moritz hotel project is sold to a European investor which continues to redevelop the historic La Margna hotel, built in 1906 and a landmark property in the alpine resort.
MANAGEMENT PROMOTIONS AT LCI AND LOMAR
Jaspal Jandu is promoted to CEO of LCI. Former CEO Mike Platt becomes Vice Chairman, and Praveen Vetrivel is promoted to Chief Financial Officer. Crispin Maunder remains Executive Chairman. At Lomar Shipping, Nicholas Georgiou becomes CEO, succeeding the late Achim Boehme.
MAJOR NEW HELICOPTER VENTURE FOR LCI WITH SUMITOMO
LCI launches a landmark US$230m joint venture with Sumitomo Mitsui Finance & Leasing. The JV has initially acquired 19 next generation helicopters. LCI is both the co-investor and manager of the aircraft.
CONCORDIA LEADERSHIP AWARD FOR UN SEC-GEN GUTERRES
Concordia announces it will present its 2020 Leadership Award to António Guterres, the Secretary-General of the United Nations, for his tireless advocacy on behalf of vulnerable and displaced communities and individuals. The Concordia Summit 10th Anniversary Celebration will take place digitally in September and be coordinated live from New York City (due to Covid-19 restrictions).
ENVOLVE AWARD GREECE WINNERS ANNOUNCED
Announcement of the 7th Envolve Award Greece winners in Athens. Four winning start-up and early stage entrepreneurs shared interest-free funding, mentoring and business support services, having been selected from a pool of ten finalists. There were additional cash prizes for three winners in the #GetEnvolved Awards, voted for by the public.
ARIA REOPENS COVID-SECURE AND LAUNCHES THE ISLAND CONCEPT
Aria Hotels reopens all properties with full Covid-19 safety measures in place, and launches its latest hotel: The Island Concept, self-contained luxury atop a private peninsula overlooking the Aegean Sea on Crete.
LCI-LED CO-INVESTMENT VEHICLE DEPLOYS HELOCPTERS IN AUSTRALIA AND USA
LCI establishes a new co-investment vehicle with Thora Capital and RIVE Private Investment covering nine helicopters valued at over US$100m and deployed in Australia and the USA.
GREENWOOD AND GOLDENSET CREATE GSI
Greenwood Sustainable Infrastructure is formed through the merger of market leaders Greenwood Energy USA and GoldenSet Capital. The company will manage investments in infrastructure assets in the USA and Canada, spanning renewable energy, waste and water.
LIBRA'S GLOBAL RESPONSE TO COVID-19
As the Covid-19 coronavirus pandemic takes hold, Libra implements home working for all employees in line with government lockdown measures, placing safety and wellbeing at the heart of its operations. Interns are swiftly returned home and major events rescheduled.
ARIA HOTELS ADDS NEW PROPERTIES
Aria hotels begins 2020 with the addition of new properties in the Peloponnese, including 'Liodentra' in the town of Kardamyli comprising a ground level studio and two houses. All enjoy views of the surrounding landscape and have direct access to the Mediterranean Sea.
SALE OF COLOGNE REAL ESTATE
Part of our European real estate portfolio, a 2,600 m2 modern office property in Cologne, is sold to Publity AG, a Germany-based real estate investment company with a focus on commercial and office properties. The fully rented property was built in 2001 and had been owned by us since 2006.