Merex Investment is a joint venture between Dubai Holding and Brookfield Asset Management formed in 2019, focussed on creating long term value for Dubai's residents and business community. The joint venture valued at approximately AED 5 billion (US$1.4 billion) owns and operates a diversified portfolio of retail assets, including The Beach, City Walk and La Mer that span over 2 million square feet, which host over 550 retail, leisure and entertainment tenantsMerex Investment's strategic investments and partnerships re-imagine the way people experience the city, re-engineer the way businesses interact with their customers, and re-think the way urban spaces are designed to create clean, sustainable, happy spaces. Merex Investment is firmly established as a partner of choice for local entrepreneurs, regional and global businesses.