Libra Group Creates FSA, South American Investment Subsidiary

March 1, 2005

Recognising the investment opportunities present across South American continent, 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 – Belgravia Land and Development specialising in commercial, residential and hospitality real estate development; and Tanelenik, a construction company that combines the best commercial and technical skills with scalable construction resources to offer total solutions for the built environment.

FSA will initially focus on development and construction opportunities within Buenos Aires and its project pipeline includes hospitality, commercial and retail opportunities within the recently redeveloped former docklands area of Puerto Madero as well as a business park on the outskirts of the city.

FSA will capitalise on  Libra Group’s strong commercial insight into South America gained over nearly 30 years in the global transportation markets. Working with some of South America’s leading real estate experts, FSA has ambitious investment plans for the region with several new projects in the pipeline and close to agreement.

Share this page