>>1497148 thanks, anon, just about to mention that.
>>1496784 (lb) Dig on Founders of Corinthia hotel, Pisani Family of Malta
>>1496810 (repost pic)
that's an odd crest anon, to say the least.
more sauce on Pisani, Corinthia & Benghazi from 11/22/12
(they didn't waste any time to start on that hotel, did they?)
>http://www.skyscrapercity.com/showthread.php?t=1564630
The Maltese owners of Benghazi’s abandoned Grand Hotel say they will pull out its €130 million redevelopment, if they are not given permission to demolish the building and replace it with a modern structure.
After standing empty for nearly a decade, it was taken on for redevelopment in 2008 by Malta-based International Hotel Investments (IHI), the investment arm of the Corinthia Group, which specialises in luxury hotel developments, in partnership with the Libyan Arab Foreign Investment Company (LAFICO).
The estimated €130-million project is 75-percent owned by IHI and 25-percent owned by LAFICO and will be constructed on a 7,000-square-metre footprint of the original building.
Corinthia has been involved with Libya for 28 years, since LAFICO decided to invest in the Pisani family’s first hotel in 1974.
What started out as a small Maltese family business has since become a global consortium of ten luxury hotels, perhaps in no small part thanks to LAFICO’s hefty backing.
Corinthia first invested in Tripoli in 1999, opening Corinthia Bab Africa Hotel in 2003 and, under its separate Mediterranean Investments Holding, also own Palm City Residences near Tripoli. The new €350-million Medina Tower in Tripoli is another joint venture Corinthia project.