Reitar Logtech Partners with NEXX to Launch Global Strategic Cooperation

About this update from Reitar Logtech Holdings Limited

First Project to Establish a Smart E-commerce Fulfillment Center in Qatar Set to Commence Full Operations by Year-End HONG KONG, Sept. 22, 2025 (GLOBE NEWSWIRE) -- Reitar Logtech Holdings Limited (NASDAQ: RITR) (“Reitar” or “The Company”), a Nasdaq listed company, announced today the formal signing of a Strategic Cooperation Memorandum of Understanding (MoU) with AI logistics company NEXX, along with a formal investment agreement for the inaugural Smart Fulfillment Center project in Qatar. According to the investment agreement, Reitar will invest in the project's automation system and equipment through its subsidiary, KAMUI Logistics Automation System Limited (“KLA”). The two parties will embark on comprehensive cooperation in the field of smart logistics. The inaugural project will be located in Milaha Logistics City (MLC), Doha, Qatar. The initiative will be led by Reitar and co-invested by Solomon Capital Fund, a USD-denominated fund under Solowin Holdings (NASDAQ: SWIN), to advance the digitization and automation of logistics across the Middle East. Background of Strategic Cooperation and Project Overview The initial project covers a Smart Fulfillment Center of 5,000 square meters, equipped with an Agentic AI management system, automated sorting robots, and pharmaceutical logistics certification, scheduled to commence full operations in the fourth quarter of 2025. This center will serve cross-border B2C e-commerce, optimizing logistics efficiency from the Middle East to the globe. This cooperation unifies multiple advantages and resources from the global logistics and technology sectors: Technology Integration and Innovation Highlights The project employs Reitar 's PLT automation solutions, combined with NEXX's AI-driven core technology, to create a highly automated Smart Fulfillment Center: Additionally, Reitar will leverage its logistics asset management capabilities and the $150 million investment intention from Solomon Capital Fund. The company plans to invest in automated equipment within KLA's warehouses while also exploring innovative models such as the tokenization of logistics assets (RWA). Market Prospects and Strategic Significance The e-commerce market in Qatar and the Middle East continues to grow rapidly: By connecting logistics networks between China, Europe, and the Middle East, this project strengthens Qatar’s position as a regional logistics hub and provides end-to-end solutions for cross-border e-commerce. Management Perspectives Mr. John Chan, Chairman and CEO of Reitar Logtech , stated: "This collaboration is a key step in Reitar's global strategy. By uniting NEXX's AI technology, Milaha's infrastructure, and top logistics partners, we are not only creating a benchmark for smart logistics but also opening new opportunities in the Middle Eastern market. Reitar will continue to promote the integration of logistics and financial technology, creating long-term value for investors and clients." Mr. Oscar, CEO of NEXX , remarked: "The Smart Fulfillment Center represents the future of logistics technology. By combining Agentic AI with premier logistics services, we are providing efficiency-centric solutions to our customers. Our partnership with Reitar will accelerate the scaling of technology applications in the Middle Eastern market." Next Steps The cooperation will be advanced in phases: Reitar and NEXX plan to explore the establishment of a dedicated logistics digitalization fund in Qatar to support infrastructure investment in the Middle East. Forward-Looking Statements This press release contains forward-looking statements, including statements regarding the proposed cooperation with NEXX, the development and financing of the Smart Fulfillment Center in Qatar, expected timelines, capabilities, and market expansion. These statements are based on current expectations and involve risks and uncertainties that could cause actual results to differ materially, including project execution, financing availability, regulatory approvals, supply chain and market conditions, and other factors described in the Company’s SEC filings. The Company undertakes no obligation to update these statements except as required by law. About Reitar Logtech Holdings Limited (NASDAQ:RITR) Reitar Logtech (NASDAQ: RITR) is the first integrated "Property + Logistics Technology" (PLT) solution platform in Asia, focusing on enhancing the full lifecycle management of logistics assets through the development of logistics automation facilities, asset management, and the application of smart logistics technologies. The company has established a second headquarters in Qatar to accelerate its presence in the Middle Eastern market and aims to optimize logistics operational efficiency through the integration of smart warehousing systems, IoT devices, and data analytics platforms, achieving efficient resource allocation across the industry chain. About NEXX NEXX is an AI-driven logistics technology company aiming to connect markets in China with the Middle East and North Africa (MENA) region. Utilizing its Agentic AI platform and logistics technology, NEXX seeks to enhance cross-border supply chain efficiency, optimize warehousing operations throughout the MENA region, and create more intelligent international logistics. NEXX's institutional shareholders include Cheung Kong Holdings (1113.HK) and Rasmal Ventures, the first independent Qatari venture capital fund backed by the Qatar Investment Authority (QIA). For Press Enquiries Strategic Financial Relations Limited Reitar Logtech Holdings Limited Ms. Crystal Yip Tel：9587 3234 / 3461 3661 Email： [email protected] Ms. Chelsie Tam Tel：6094 3336 / 3461 3750 Email： [email protected] _______________ 1 GCC Logistics Market Size, Share, Growth & Forecast 2033. https://www.imarcgroup.com/gcc-logistics-market

View stock analysis, news, and events for Reitar Logtech Holdings Limited