FCA Group (now incorporated to Elandis) has officially opened in Miami, taking possession of the Latitude One office suite 2004 which it acquired in March of this year. The new office is strategically located to pursue the significant investment opportunity in southern USA, particularly within the residential real estate sector. FCA Group is also relocating its corporate headquarters from Panama to Miami. The move is part of the wider strategy to grow its presence in Florida and the US at large, along with several new key hires of a locally based CFO, group accountant, group property manager, receptionist and legal counsel.

“This new office places us in Florida which is a focus region for property investment, along with nearby states such as Nevada, Arizona and Texas,” comments Frank Espinosa, FCA Group CEO . “It also brings us geographically closer to our parent company, The Libra Group, based in New York.”