ACME BECOMES EMPLOYEE OWNED

ACME is delighted to announce that the Employees of ACME London have acquired 100% of the shares in the company.

Since its inception in 2007, ACME has aspired to work for the benefit of all staff, sharing its profits transparently and equitably. Becoming Employee owned does not change how we work and does not change our purpose to create outstanding projects, with joy and sustainable profit. It formalises legally how we have intended to run the company from the start.

Our new holding company, ACME Overlord, owns all of the shares on behalf of all current and future employees, overseen by our new ACME Employee Ownership Trust (EOT). We welcome our five Trustees to the Board of our EOT. Our two Independent Trustees are Hanif Kara and Helen Hyde; the Employee Trustees are Amanda Callaghan and Vojtech Nemec; joined by Friedrich Ludewig as our Founder Trustee.

We are looking forward to working with our Trustees and all of our new ACME company owners in this exciting new Chapter for ACME London.

Mamsha Gardens draws inspiration from the natural surroundings of the island and boasts signature landscaped gardens in which residents can relax and unwind. The gardens will feature water-efficient irrigation systems and a selection of native plant species, ensuring that the landscape thrives with minimal resource consumption.

The development features seven residential buildings comprising 493 homes thoughtfully designed with premium finishes and fittings. The development features a range of amenities, including two centrally located pavilions with gyms, yoga, Pilates and meditation rooms, as well as swimming pools, kids’ play areas, a multi-use games area, underground parking, bike storage, and residents’ lounges with workspaces and lounge seating. 

Mamsha Gardens will also include restaurants with outdoor dining terraces and shops, as well as a community theatre and separate retail underground parking. The locations of each of these spaces have been strategically designed to attract foot traffic and provide a vibrant social space while affording residents the utmost privacy.

In line with Aldar’s goals to promote sustainable living and building practices, the development is targeting a 3 Pearl Estidama rating and a 3-star rating from Fitwel - the world’s leading certification system for optimising building health and wellness outcomes. 50% of both retail and residential parking will be EV ready, and residents will have several pedestrian routes to explore.

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