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Comprising autonomous operating subsidiaries, First South American (FSA) is the Libra Group's South American holding company. FSA's speed, financial strength and local insight continue to realise ambitious, large scale investment opportunities across the Continent. Currently, developments span close to 3 million sq ft of prime commercial and residential real estate. The company is also undertaking major infrastructure and logistics investment. 

FSA's subsidiaries include: Belgravia Land & Development, commercial and residential real estate investment and development; Amerisud, specialising in hotel, leisure and hospitality investment; Tanelenik, a construction company, and Belgravia Properties offering commercial and residential real estate services.

In Buenos Aires, FSA is developing the luxurious St. Regis Hotel and Residences complex - the first combined hotel and residences property of its kind in South America.

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