Developed by Marasi and PNYG:COMPANY, the tower will be an inspirationalarchitectural landmark, epitomising the same fusion of high technology andhuman tenacity that powered Michael Schumacher to his sporting achievements.

Michael Kutschenreuter, Marasi CEO, said, "Marasi will specialise inproviding solutions for people who wish to bring together their residentiallocation and immediate access to their yachts. In the MSCWT cutting edgetechnology and beautiful design will merge to create a unique livingcommunity with a spectacular backdrop."

The MSWCT Reem Island, the first of many such projects to come forMarasi, will become one of the world's most coveted residential addresses,blending a unique wharf concept with unprecedented luxury living.

PNYG holds the exclusive rights to Michael Schumacher Branded Luxury RealEstate and have ensured that the MSWCT incorporates the qualities and valuesthat made Michael Schumacher so successful as a racing driver. Every feature,from the building techniques used down to the smallest details containedwithin, have been designed to reflect the standards that made his racingcareer so successful.

Designed by PNYG:LAVA , PNYG:COMPANY's architectural division led byChris Bosse and Tobias Walliser: renowned for their cutting edge organicapproach to design . The MSWCT in Abu Dhabi will be the first of only sevensuch towers to be built around the world. The towers will represent each ofthe seven Formula One (F1) World Championship titles that Michael Schumacherwon during his career.

Sales for the MSWCT will be handled by Deyaar. Markus Giebel, Deyaar CEO,said, "Deyaar, as the Gulf region's fastest growing developer, is delightedto be associated with such a prestigious project. The MSWCT is a unique towerthat provides a company like Deyaar with the perfect opportunity to enter theiconic building market."

In recognition of everyone's responsibility to the environment, thetower's ecological impact will be limited. In order to achieve as small acarbon footprint as possible Marasi will be employing the most conscientiousand advanced methods available to date.

Contact: John Stapley, +971-4-321-5351, john@sirenconsulting.com

SOURCE Marasi Real Estate Fund and PNYG:COMPANY