Island Global Yachting
Island Global Yachting (IGY) is a real estate company which primarily invests in and manages marinas.
History
Island Global Yachting (IGY) was set up by Island Capital Group, the primary investment vehicle of Andrew Farkas (businessman). IGY focused on the higher end of the market servicing superyachts and megayachts.[1]
IGY's first project was Yacht Haven Grande on Saint Thomas, U.S. Virgin Islands which began in 2001 and opened in 2007.[2]
In 2021 Island Global Yachting was sold to MarineMax for $480 million.[3][4][5] In 2024 Andrew Farkas offered to buy back IGY from MarineMax.[6]
Portfolio
- Wynn Al Marjan Island Marina, UAE (operator)[7][8]
- IGY Vieux Port de Cannes, France[9][10]
- IGY Ibiza Marina, Spain[11]
- Port Cervo Marina, Italy (operator)[9][12]
- IGY Savannah Harbor Marina, USA[13][14]
- IGY Yacht Haven Grande St. Thomas, USVI[15]
- Sindalah Yacht Club, Saudi Arabia (operator)[16]
References
- ^ KALOSH, ANNE. "For the Biggest Yachts, More Than a Dock". nytimes.com. The New York Times. Retrieved 4 December 2025.
- ^ Wilson, Stephanie. "Kings of the Caribbean: Sol Kerzner, Gordon "Butch" Stewart, Andrew Farkas". hauteliving.com. Haute Living. Retrieved 4 December 2025.
- ^ FEASEY, CONOR. "Island Capital moves to buy back IGY". superyachtnews.com. Superyacht News. Retrieved 4 December 2025.
- ^ Griffiths, Alexander. "MarineMax acquires IGY Marinas for $480 million". superyachttimes.com. Superyacht Times. Retrieved 4 December 2025.
- ^ Griffiths, Alexander. "MarineMax Announces Acquisition of IGY Marinas In a $480M Deal". hauteliving.com. Haute Living. Retrieved 4 December 2025.
- ^ Georgacopoulos, Christina. "MarineMax under pressure to sell global marina business". bizjournals.com. South Florida Business Journal. Retrieved 4 December 2025.
- ^ Spicknell, Sophie. "IGY Marinas appointed to operate in-build Wynn Al Marjan Island Marina in UAE". superyachttimes.com. Superyacht Times. Retrieved 4 December 2025.
- ^ Lazaridis, Gabrielle. "IGY Marinas to operate Wynn Al Marjan Island Marina in the UAE". boatinternational.com. Boat International. Retrieved 4 December 2025.
- ^ a b "Aqua superPower and IGY Marinas bring high speed marine chargers to Sardinia". plugboats.com. Plug Boats. Retrieved 4 December 2025.
- ^ Ryder, Liza. "Major redevelopment underway at IGY Vieux-Port de Cannes". yachting-pages.com. Yachting Pages. Retrieved 4 December 2025.
- ^ Lazaridis, Gabrielle. "IGY Ibiza Marina completes €5M redevelopment with new shore power for superyachts". boatinternational.com. Boat International. Retrieved 4 December 2025.
- ^ ZABATE, ELLAINE. "IGY Marinas renews management agreement with Porto Cervo Marina in Sardinia". marinaworld.com. Marina World. Retrieved 4 December 2025.
- ^ Chhibber, Enrico. "IGY Marinas announces opening of inner basin at IGY Savannah Harbor Marina". superyachttimes.com. Superyacht Times. Retrieved 4 December 2025.
- ^ Jusufi, Dea. "IGY to launch 100-berth marina in Savannah, Georgia". boatinternational.com. Boat International. Retrieved 4 December 2025.
- ^ Bareuther, Carol. "New Solar Power Project at IGY Yacht Haven Grande St. Thomas". allatsea.net. All At Sea. Retrieved 4 December 2025.
- ^ Paisey, Jody. "IGY Marinas appointed to manage Sindalah Yacht Club". yachting-pages.com. Yachting Pages. Retrieved 4 December 2025.