Michael Schumacher Business Avenue launched
- United Arab Emirates: Tuesday, January 29 - 2008 at 09:10
ACI Real Estate, an affiliate of Alternative Capital Investments, yesterday launched the Dhs1bn ($272m) Michael Schumacher Business Avenue, a 29-storey business tower, located in Dubai's Business Bay, reported Gulf News. ACI says it has now increased its investment portfolio to Dhs10bn in Dubai. Michael Schumacher Business Avenue marks Phase 2 of ACI's sports-branded real estate project. The Niki Lauda Twin Tower was launched this month and the Boris Becker Business Tower will be launched on February 24.
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Jeff Florian, Senior Reporter



