ACI Real Estate invests in UAE

A great conference, this year's MIPIM held one big surprise – ACI Real Estate. With new ventures ahead, ACI is attracting some attention

This year's MIPIM world, held in Cannes from March 11 to March 14, attracted just over 26,000 attendees from nearly one hundred different countries. Hundreds of property developers successfully showcased their projects, but perhaps one of the most interesting exhibitions came from ACI Real Estate.

A primarily German properties developer, ACI Real Estate is making a splash in the UAE with major projects. They have recently joined with the well-known Ferretti Group, a luxury motor yacht company, to develop the waterfront property dubbed "Marine Legends," at the Dubai Waterfront. With a value of Dhs6bn, the idea of luxury waterfront residences are sure to be a new trend in the hot market of Dubai.

In addition to trying to create an entirely new property fad, ACI Real Estate joined forces with Group Seven LLC at MIPIM to "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," said Robin Lohmann, Managing Director, ACI Real Estate in a recent press release.

With other recent Dubai investments that include their Trilogy project in Business Bay and ten other commercial and residential towers, ACI is certainly a company to keep an eye on in the coming months.

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