Partnership extends beyond retail leasing to a broader commercial collaboration across Bashundhara R/A, reinforcing ACE Developers' commercial ambitions anchored by its flagship project, ACE OPAL

DHAKA, BANGLADESH — August 27, 2026 — ACE Developers Ltd., a visionary real estate developer based in Bashundhara, Dhaka, today announced a strategic rental agreement with Meena Bazar for a 15,000-square-foot flagship retail outlet — Meena Bazar's largest store to date. The agreement was signed at a ceremony attended by senior leadership from both organizations.

The partnership underscores ACE Developers' expanding commercial footprint and its vision for Bashundhara as a premier destination for retail and residential living. Beyond this outlet, the two companies are exploring a broader collaboration to bring modern retail infrastructure to future ACE Developers sites across Bashundhara R/A and beyond.

"This agreement is more than a lease — it reflects the confidence leading brands place in ACE Developers' vision for Bashundhara's commercial future," a spokesperson for ACE Developers Ltd, "It validates the ambition behind ACE OPAL and the commercial ecosystem we're building."

About ACE Developers Ltd.

ACE Developers Ltd. is a visionary real estate developer based in Bashundhara, Dhaka, delivering residential and commercial projects built on prime locations, superior construction, and on-time handover. Its flagship commercial project, ACE OPAL, anchors the company's vision to create places where life can thrive.