The company is lending its support to Group Seven Properties LLC, one of the UAE's top independent real estate companies and responding to the boom in property market.
The prestigious international property trade is taking place in Cannes, France from 11th -14th March 2008 and is one of the largest real estate exposition and forums, attracting more than 26 000 visitors from over 80 countries from all around the globe. In the past two years, the number of delegates attending the show has grown by 43% to hit an all-time record in 2007.
"We are continuously striving to promote UAE as the ultimate investment destination and we are looking at this prominent property forum as a great platform to attract foreign investors to look into Dubai and Abu Dhabi as the next real estate investment destination", said Robin Lohmann, Managing Director, ACI Real Estate.
"By joining Group Seven Properties LLC at MIPIM World 2008, we will have the opportunity to connect with international key players in the industry and meet with decision makers within the real estate market who want to develop their business in domestic and international hot-spots like UAE market", added Lohmann.
ACI Real Estate is one of Germany's most outstanding real estate developers with an investment portfolio valued at a staggering Dhs10bn scheduled for both Dubai and Abu Dhabi prime property development.
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ACI Real Estate and Group Seven Properties join hands to bring in global currencies to UAE at MIPIM World 2008
- United Arab Emirates: Tuesday, March 11 - 2008 at 16:29
- PRESS RELEASE
ACI Real Estate, a leading German project developer, and affiliate of Alternative Capital Invest, one of Germany's most prominent providers of investment solutions, is participating in this year's MIPIM World, the leading International Property Market for industry professionals.
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About ACIAlternative 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
Posted by Medilyn Manibo, Assistant News EditorTuesday, March 11 - 2008 at 16:29 UAE local time (GMT+4)
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