$272mn Schumacher Tower is launched

ACI Real Estate, an affiliate of Alternative Capital Investments, yesterday launched the US $272 million (AED 1 billion) Michael Schumacher Business Avenue, a 29-storey business tower located in Dubai's Business Bay.
$272mn Schumacher Tower is launched
By Administrator
Sat 02 Feb 2008 04:00 AM

ACI Real Estate, an affiliate of Alternative Capital Investments, yesterday launched the US $272 million (AED 1 billion) Michael Schumacher Business Avenue, a 29-storey business tower located in Dubai's Business Bay.

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 launchedin February.

For all the latest construction news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.

Subscribe to our Newsletter

Subscribe to Arabian Business' newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox.