ACI represent buyers and sellers of investment real estate, and specialize in Conventional Apartment Transactions, Condo Conversions, Tenant-In-Common (TIC), and Triple Net (NNN) transactions.
If you need more information you may contact directly through their website or via RERA as the gentleman mentioned above.
The Managing Director of ACI Dubai, Robin Lohmann, in his recently via press meet, mentioned that the construction schedules have been slowed down due to slow payments.
All the sites in Business Bay are under construction not stopped but are in slow progress due to delays in people's payments, and we have slowed down to deal with it.
It was also pointed out by Mr. Lohmann that of eleven projects underway by the company, seven were under construction before slowing construction.
ACI office's are now shut - the rent contract is terminated as they have no money. Robin ran away and you get hold of him because of unhonored cheques.
The luxury cars and yacht's are all sold. the company has no money and the towers will never be built
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