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Thursday, November 26 - 2009

ACI Real Estate launches Michael Schumacher Business Avenue in Dubai

  • United Arab Emirates: Monday, January 28 - 2008 at 11:40
  • PRESS RELEASE

ACI Real Estate (ACI), an affiliate of Alternative Capital Invest Gmbh one of Germany's leading alternate investment solution firms today launched Michael Schumacher Business Avenue, a prestigious business tower located in the upmarket Business Bay district of Dubai.

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  • Chinmani, Michael Schumacher, Robin Lohmann and Swensson.
    Chinmani, Michael Schumacher, Robin Lohmann and Swensson.
The Tower, marks Phase 2 of ACI's sports-branded real estate project, an ambitious plan that will transform the Business Bay district into an architectural delight distinguished by three spectacular towers, each named after legendary sports super-stars. Launching the tower today was Michael Schumacher himself, seven- time Formula One world champion.

Speaking on the launch of Michael Schumacher Business Avenue, Robin Lohmann, Managing Director, ACI Real Estate said, "Few properties anywhere in the world can boast of the direct involvement from the world's greatest ever F1 driver. Michael Schumacher represents the energy, commitment to excellence and ambition needed by every business enterprise to get to the top, and only a city like Dubai, with its breath-taking pace of growth, is befitting of such an association.

The Michael Schumacher Business Avenue offers prominent office spaces coupled with
generous views of the world's tallest building, Burj Dubai. The tower also comprises of the worlds first Micheal Schumacher Business Center that offers facilities combining
high-tech facilities and amenities coupled with state of the art design that adheres to global standards.

The launch of the Michael Schumacher Business Avenue is the second in a series of three projects of legendary branded developments introduced to the UAE market by ACI Real Estate. The Niki Lauda Twin Tower was launched last month, and coming up next is the Boris Becker Business Tower, which will be launched in the month of February 2008.
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Notes and media contacts

About ACI:
Alternative Capital Invest (ACI) Group is one of Germany's leading providers of investment solutions, mainly in the fields of Asset Management, Structured Finance, Risk Management and Real Estate. Given the economic boom and exponential growth in the Middle East markets, Alternative Capital Invest started operations in Dubai, in 2004. In the space of three years, ACI has established itself as a real estate investment firm with a solid following of investors both locally and internationally.
ACI was founded as a family entity in Germany and the success of the group has evolved through generations. The father and son team of Uwe Lohmann and Robin Lohmann have already injected an impressive investment of more than one billion Dirhams into the property projects in Dubai, in areas such as Jumeirah Lakes Towers, Business Bay and City of Arabia.

For more information contact:
Raee Public Relations
Sana Lababidi
Media Relations Manager
Tel : 04 3415558
Fax : 04 3415559

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