Sir Freddie Laker & Li Ka Shing

sir freddie laker - laker airwas bahamas

Sir Freddie Laker – SkyTrain – Freeport, Grand Bahamas


Freeport, Grand Bahama Island $6,886,250

Pete Sibley, President of Carnival Resorts and Casinos (operated 90 Resorts & Casinos), a subsidiary of Carnival Cruise Ships (the World’s largest Cruise Ship Lines, Merrill Lynch & Harvard Trust ) and Lewis B. Freeman sold @ absolute auction U.S. $6.8M in luxury realty in the Bahamia Golf & Country Club & @ the Princess Isle Estates on the Caribbean ocean. Pete’s Driftwood, LLC sold 27 oceanfront and canal estate-sized homesites on a spectacular Grand Bahama peninsula, along with 3 additional deepwater dockage canal homesites, 10 golf course multifamily or single family homesites and two 10.5 acre golf course multi-family tracts. In just 14 days 900 inquiries from 14 Nations had occurred. There were 39 registered bidders from 6 States as well as Jamaica and Bermuda.


Sir Freddie Laker, Founder of Laker Airways is a resident in Princess Isles. Located on the 60-acre peninsula stretch along a mile of beachfront and inland waterways of Princess Isle on Grand Bahama Island, each oceanfront estate has unparalleled waterfront views overlooking the Atlantic Ocean. The canal sites provide superb deep water boat dockage. All sites are designed to easily accommodate yachts of up to 165 feet. Princess Isle, one of the most prestigious locations on Grand Bahama Island. The International Bazaar and Port Lucaya Marketplace feature numerous shopping and dining opportunities featuring “Paris in the Bahamas.”

Five hundred full International Banking facilities guarantee banking secrecy as well as a tax-free environment. Princess Isle owners are eligible for Permanent Resident status. Frequent international air service is available through Grand Bahama International Airport.

The Bahamia Casino & Resort, Golf & Country Club is where Howard Hughes died.


Lee Mills, Peter Sibley & Daniel M. Parkman, Sr.



Li Ka Shing

The last time we attended the Fort Lauderdale Boat Show we sponsored a booth for our Carnival Resorts & Casinos, Freeport, Grand Bahamas Event where Sir Freddie Laker resided. Merrill Lynch funded the projects. Billionaire Carl Icahn was aboard The White Rabbit US $ 25 Million FedShip with an additional US $ 10 Million in artwork. The owner was Hong Kong Billionaire Li Ka-Shing, who owns 51% interest in The Grand Bahama Development Authority and the Panama Canal thru Hutchinson Whampoa.

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