ACI Real Estate and Ferretti Group launch Ferretti Luxury Beach Residence and Pershing Luxury Beach Residence

Notes and media contacts

About ACI Real Estate:
ACI Real Estate is an affiliate of Alternative Capital Invest (ACI) GmbH, an innovative investment firm headquartered in Germany, representing some 8,000 investors from Austria, Germany and Switzerland.

Headquartered in Dubai, ACI Real Estate now has a staff of 60 talents drawn from across the globe, and a new field office in Abu Dhabi.
To date investment in the Emirates is estimated at Dhs10bn in leisure, residential, retail and commercial space across Dubai, Abu Dhabi, and some of the northern Emirates.

ACI Real Estate is the name behind of the "Sports Trilogy" project valued at about Dhs2.2bn (over $600m) named for sporting legends: Niki Lauda, Michael Schumacher and Boris Becker, situated along the upscale Business Bay and the "Marine Legends" project, valued at Dhs6bn (approx $1.6bn) to be situated along the Dubai's Waterfront.

About Ferretti Group:
Ferretti S.p.A. is the head company of Ferretti Group, one of the world leaders in the design, construction and sale of luxury motoryachts, with a unique portfolio of nine of the most exclusive, prestigious brands in the nautical world: Ferretti Yachts, Pershing, Itama, Bertram, Riva, Apreamare, Mochi Craft, CRN, Custom Line.

Ferretti Group, founded by Norberto Ferretti in 1968, is on the cutting-edge of the nautical world, thanks to constant product and process innovation, and continuous research within the sphere of technology. Luxury yachts are designed by a team of about 90 designers and specialised technicians (Advanced Yacht Technology), and built in the Group's 25 production units. The Group's over 3,000 employees, led by Chairman Norberto Ferretti and CEO Vincenzo Cannatelli, share a continuous quest for quality, technological excellence, top performance, an exclusive, innovative design, maximising comfort and taking painstaking care over detail. This common, daily commitment has taken Ferretti Group to the very heights of the nautical world.

The Group is also present in Asia, through a branch of representation and promotion in Shanghai, and on the American continent through its subsidiary Ferretti Group USA Inc. An exclusive network of about 85 carefully selected dealers market Group yachts in over 80 countries, and guarantee clients the very best assistance in marinas all over the world.

About Raee Public Relations:
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For further information about ACI Real Estate:
Raee Public Relations
Sana Lababidi
Media Relations Manager
Tel : 04 3415558
Fax : 04 3415559

For further information about Ferretti:
Ferretti S.p.A.
Fulvia Venturi
Ferretti Group PR Dept.
Tel: +39 0543 787511