Reitar Logtech Partners with NEXX to Launch Global Strategic Cooperation
Reitar Logtech (NASDAQ: RITR) has signed a strategic MoU with AI logistics company NEXX to establish a Smart E-commerce Fulfillment Center in Qatar. The project, co-invested with Solomon Capital Fund, will be located in Milaha Logistics City, Doha, covering 5,000 square meters and featuring advanced automation systems.
The facility will incorporate cutting-edge technology including 50 sorting robots processing 2,400 items/hour, 26 Autonomous Mobile Robots (AMRs), and an Agentic AI management system. The center will commence operations in Q4 2025, serving cross-border B2C e-commerce and optimizing logistics efficiency from the Middle East globally.
The project aligns with Qatar's 2030 National Vision and targets the rapidly growing GCC logistics market, projected to reach $171 billion by 2033 with a 5.1% CAGR.
Reitar Logtech (NASDAQ: RITR) ha firmato una MoU strategica con la società di logistica basata sull'AI NEXX per creare un Centri di Smart E-commerce Fulfillment in Qatar. Il progetto, co-investito dal Solomon Capital Fund, sarà situato presso Milaha Logistics City, Doha, su 5.000 metri quadrati e comprenderà sistemi di automazione avanzati.
La struttura adotterà tecnologia all'avanguardia tra cui 50 robot di smistamento che processano 2.400 articoli/ora, 26 AMR (Autonomous Mobile Robots) e un sistema di gestione Agentic AI. Il centro inizierà le operazioni nel Q4 2025, servendo l'e-commerce B2C transfrontaliero e ottimizzando l'efficienza logistica dal Medio Oriente verso il resto del mondo.
Il progetto è in linea con la Visione Nazionale del Qatar 2030 e mira al dinamico mercato logistico GCC, previsto raggiungere $171 miliardi entro il 2033 con un CAGR del 5,1%.
Reitar Logtech (NASDAQ: RITR) ha firmado un protocolo de MoU estratégico con la empresa de logística AI NEXX para establecer un Centro de Cumplimiento de E-commerce Inteligente en Qatar. El proyecto, co-invertido con Solomon Capital Fund, estará ubicado en Milaha Logistics City, Doha, abarcando 5.000 metros cuadrados y contará con sistemas de automatización avanzada.
La instalación incorporará tecnología de punta, incluyendo 50 robots de clasificación que procesan 2.400 artículos/hora, 26 AMR (Autonomous Mobile Robots) y un sistema de gestión AI Agentic. El centro iniciará operaciones en el Q4 de 2025, atendiendo al comercio B2C transfronterizo y optimizando la eficiencia logística desde el Medio Oriente hacia el mundo.
El proyecto está alineado con la Visión Nacional de Qatar 2030 y apunta al creciente mercado logístico del GCC, previsto alcanzar $171 mil millones para 2033 con una CAGR del 5,1%.
Reitar Logtech (NASDAQ: RITR)가 AI 물류 기업 NEXX와 전략적 MoU를 체결하여 카타르의 스마트 이커머스 풀필먼트 센터를 설립합니다. Solomon Capital Fund와 공동 투자된 이 프로젝트는 도하의 Milaha Logistics City에 위치하며 5,000제곱미터의 공간과 고급 자동화 시스템을 갖추게 됩니다.
시설은 처리 속도 1시간당 2,400건의 품목을 분류하는 50대의 분류 로봇, 26대의 자율이동 로봇(AMR), 그리고 Agentic AI 관리 시스템을 포함한 최첨단 기술을 도입합니다. 센터는 2025년 4분기에 가동을 시작하며, 국경을 넘는 B2C 이커머스에 서비스를 제공하고 중동에서 전 세계로의 물류 효율성을 최적화할 예정입니다.
이 프로젝트는 카타르의 2030 비전과 일치하며, GCC 물류 시장의 급성장에 초점을 맞추고 있으며 2033년까지 1710억 달러 규모, 연평균 성장률 5.1%로 전망됩니다.
Reitar Logtech (NASDAQ: RITR) a signé une lettre d’intention stratégique avec la société logistique IA NEXX pour établir un Centre de Règlement E-commerce Intelligent au Qatar. Le projet, cofinancé par Solomon Capital Fund, sera situé dans Milaha Logistics City, Doha, sur 5 000 mètres carrés et comprendra des systèmes d’automatisation avancés.
L’installation intégrera une technologie de pointe comprenant 50 robots de tri traitant 2 400 articles/heure, 26 AMR (Autonomous Mobile Robots) et un système de gestion Agentic AI. Le centre commencera ses activités au Q4 2025, desservant le commerce B2C transfrontalier et optimisant l’efficacité logistique depuis le Moyen-Orient vers le reste du monde.
Le projet est en accord avec la Vision Nationale du Qatar 2030 et vise le marché logistique en pleine croissance du GCC, qui devrait atteindre $171 milliards d’ici 2033 avec une CAGR de 5,1%.
Reitar Logtech (NASDAQ: RITR) hat eine strategische MoU mit dem KI-Logistikunternehmen NEXX unterschrieben, um ein Smart E-Commerce Fulfillment Center in Katar zu errichten. Das gemeinsam mit dem Solomon Capital Fund finanzierte Projekt wird in der Milaha Logistics City in Doha liegen, 5.000 Quadratmeter umfassen und fortschrittliche Automatisierungssysteme bieten.
Die Anlage wird Spitzentechnologie integrieren, darunter 50 Sortierroboter, die 2.400 Artikel pro Stunde verarbeiten, 26 Autonomous Mobile Robots (AMRs) und ein Agentic AI‑Managementsystem. Das Zentrum wird im 4. Quartal 2025 den Betrieb aufnehmen und grenzüberschreitenden B2C-E-Commerce bedienen sowie die Logistikeffizienz vom Nahen Osten global optimieren.
Das Projekt steht im Einklang mit der Qatar 2030 National Vision und zielt auf den schnell wachsenden GCC‑Logistikmarkt, der voraussichtlich bis 2033 171 Milliarden USD erreichen wird, mit einer CAGR von 5,1%.
Reitar Logtech (NASDAQ: RITR) قد وقّعت مذكرة تفاهم استراتيجية مع شركة NEXX اللوجستية المعتمدة على الذكاء الاصطناعي لإنشاء مركز تحقق فعّال للتجارة الإلكترونية في قطر. المشروع، الذي سيُموّل بالشراكة مع Solomon Capital Fund، سيُقام في Milaha Logistics City، الدوحة، على مساحة 5,000 متر مربع وسيضم أنظمة أتمتة متقدمة.
ستتضمن المنشأة تكنولوجيا متقدمة بما في ذلك 50 روبوت فرز يعالج 2,400 عنصر/ساعة، و26 روبوتاً محمولاً مستقلاً (AMRs) ونظام إدارة بذكاء اصطناعي Agentic AI. من المتوقع أن يبدأ المركز عملياته في الربع الرابع من 2025، لخدمة التجارة الإلكترونية عبر الحدود B2C وتحسين كفاءة اللوجستيات من الشرق الأوسط إلى العالم.
يتماشى المشروع مع رؤية قطر الوطنية 2030 ويستهدف سوق اللوجستيات في مجلس التعاون الخليجي سريعة النمو، المتوقع أن يصل إلى 171 مليار دولار بحلول 2033 مع معدل نمو سنوي مركب قدره 5.1%.
Reitar Logtech(纳斯达克:RITR) 已与 AI 物流公司 NEXX 签署战略MoU,计划在<卡塔尔建立智能电子商务履约中心。该项目由 Solomon Capital Fund 共同投资,位于多哈的 Milaha Logistics City,占地<5,000 平方米,将配备先进的自动化系统。
该设施将采用前沿技术,包括<50 台分拣机器人,处理效率为每小时 2,400 件商品,26 台自主移动机器人(AMR),以及一个 Agentic AI 管理系统。中心计划于 2025 年第四季度投入运营,服务跨境 B2C 电子商务,并提升中东至全球的物流效率。
该项目符合卡塔尔 2030 国家愿景,瞄准增长迅速的 GCC 物流市场,预计到 2033 年将达到<$1710 亿,年复合增长率为 5.1%。
- Strategic partnership combines Reitar's PLT model with NEXX's AI technology and strong regional partners
- Advanced automation system capable of processing 3,800 items per hour with 70 robots
- Secured $150 million investment intention from Solomon Capital Fund
- Targeting GCC logistics market projected to reach $171 billion by 2033
- Pharmaceutical logistics certification enables high-value verticals in Middle East
- Clear expansion roadmap from 2025-2029 covering Middle East, Southeast Asia, Europe, and Latin America
- Project execution risks in meeting Q4 2025 operational timeline
- Complex multi-partner collaboration could present integration challenges
- Significant capital investment required for automation equipment and infrastructure
- Dependent on successful adaptation of technology in new market
Insights
Reitar's new partnership with NEXX brings advanced automated logistics technology to Qatar, creating strategic value in the expanding Middle East market.
Reitar's strategic partnership with NEXX represents a significant advancement in the company's expansion strategy, establishing a foothold in the rapidly growing Middle East logistics market. The 5,000 square meter Smart Fulfillment Center in Qatar combines cutting-edge automation with AI-driven management systems, creating a technological showcase that should be operational by Q4 2025.
The facility's technical specifications reveal impressive capabilities: 3,800 items processed per hour through combined robotic sorting systems, 26 Autonomous Mobile Robots for picking operations, and an intelligent storage system with 6,744 storage locations utilizing vertical space efficiently up to 16 meters. This level of automation significantly reduces labor dependencies while maximizing throughput.
What's particularly strategic is the pharmaceutical cold chain compliance certification, opening opportunities in the high-margin pharmaceutical logistics segment. The timing aligns perfectly with Qatar's 2030 National Vision and the projected 5.1% CAGR for the GCC logistics market, expected to reach $171 billion by 2033.
The phased approach—starting with Qatar before expanding to Southeast Asia, Europe, and Latin America—demonstrates a methodical scaling strategy. The backing of Solomon Capital Fund with a $150 million investment intention provides financial runway for this expansion plan.
This move positions Reitar at the intersection of property development, logistics technology, and asset management in a region actively diversifying away from hydrocarbon dependence. The collaboration with established regional players like Milaha and iMile provides crucial local market access, reducing execution risk in this cross-border initiative.
Reitar's Qatar logistics investment combines strategic location advantage with advanced automation, tapping into high-growth Middle Eastern e-commerce markets.
This strategic partnership represents a calculated investment play by Reitar into the booming Middle Eastern logistics infrastructure space. The Qatar facility leverages two key competitive advantages: geographic positioning as an intercontinental hub connecting Asia, Europe, and Africa, and technological differentiation through advanced automation.
The investment structure is particularly noteworthy. Rather than bearing the entire capital expenditure alone, Reitar has secured co-investment from Solomon Capital Fund, effectively sharing risk while maintaining operational control through its KLA subsidiary. This capital-efficient approach allows Reitar to deploy its PLT (Property + Logistics Technology) model without overextending its balance sheet.
The technical specifications reveal smart capital allocation: the robotic sorting systems (3D-Sort and T-Sort) create immediate operational efficiencies with 3,800 items processed hourly, while the Agentic AI management system provides the software layer that coordinates these physical assets. The pharmaceutical certification adds a high-margin vertical to the facility's capabilities.
Financially, this represents a targeted play on multiple growth vectors: Middle Eastern e-commerce expansion, cross-border trade growth along the Belt and Road Initiative corridors, and the premium commanded by pharmaceutical-certified logistics operations. The phased rollout approach allows for proof-of-concept validation before capital-intensive scaling.
The exploration of logistics asset tokenization (RWA) signals forward-thinking financial engineering that could potentially unlock additional capital efficiency and investor participation models. This positions Reitar as not just an operational logistics player but potentially a financial technology innovator in the traditionally capital-intensive logistics infrastructure space.
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:
- Reitar as a pioneer of the "Property + Logistics Technology" (PLT) model, offers logistics property development and asset management, empowered by technological integrated logistics automation solutions.
- NEXX, an AI logistics company with dual headquarters in Hong Kong and Qatar, focuses on the development of an Agentic AI technology platform. Its AI agent, NEXXBot, automates in-warehouse task scheduling and execution.
- The project is located in the logistics city (MLC) of Milaha, a major logistics player in the Middle East, providing top-notch infrastructure and geographic advantages.
- The partners also include Middle East delivery giant iMile, cross-border e-commerce logistics enterprise KEC (formerly "Kerry E-commerce"), which covers over 50 countries globally, and China’s cross-border e-commerce logistics leader Zipto Supply Chain, collectively building an end-to-end ecosystem covering technology, infrastructure, and cross-border e-commerce logistics services.
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:
- Intelligent Storage System: Equipped with a VNA (Very Narrow Aisle) racking system, the facility features a total of 6,744 storage locations with a storage height of up to 16 meters (8 levels), significantly improving space utilization.
- Robotic Sorting System:
- 3D-Sort System: Features 50 sorting robots capable of processing 2,400 items per hour.
- T-Sort System: Equipped with 20 sorting robots, handling 1,400 cartons per hour.
- Combined Sorting Capacity: Achieves a total sorting capability of 3,800 items per hour, ensuring efficient order processing.
- AMR Picking System: Utilizes 26 Autonomous Mobile Robots (AMRs) that implement "Follow Me" smart following for picking operations, supporting cross-layer collaboration (M1F and MF). Each AMR can carry six containers (550×360×300 mm).
- Agentic AI Management System: Automates decision-making and task execution in the warehouse, integrating WMS (Warehouse Management System), WES (Warehouse Execution System), WCS (Warehouse Control System), and RCS (Robot Control System) to support multi-robot coordination and path optimization.
- Automated Packing and Shipping: Features 20 packing stations and a 48-meter automated conveyor system to facilitate rapid packing and order sorting.
- Pharmaceutical Cold Chain Compliance Certification: Maintains strict compliance with bonded warehousing, pharmaceutical logistics, and high-value verticals, meeting rigorous requirements for pharmaceutical logistics in the Middle East.
Additionally, Reitar will leverage its logistics asset management capabilities and the
Market Prospects and Strategic Significance
The e-commerce market in Qatar and the Middle East continues to grow rapidly:
- The logistics market in Gulf Cooperation Council (GCC) countries is projected to reach
$171 billion by 2033, with a compound annual growth rate of5.1% .1 - The project aligns with Qatar's 2030 National Vision for economic diversification and supports the construction of a digital logistics corridor under China's Belt and Road Initiative.
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:
- Pilot Phase (2025-2026): Complete construction and operational validation of the Smart Fulfillment Center in Qatar.
- Expansion Phase (2027-2028): Replicate the model to the Middle East and Southeast Asia.
- Global Phase (Post-2029): Expand into European and Latin American markets.
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
Veron Ng | Tel:(852) 2864 4831 |
Shelly Cheng | Tel:(852) 2864 4857 |
Carol Cheung | Tel:(852) 2114 2200 |
Email: sprg_reitar@sprg.com.hk |
Reitar Logtech Holdings Limited
Ms. Crystal Yip
Tel:9587 3234 / 3461 3661
Email:crystalyip@arecommtech.com
Ms. Chelsie Tam
Tel:6094 3336 / 3461 3750
Email:chelsietam@arecommtech.com
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1 GCC Logistics Market Size, Share, Growth & Forecast 2033. https://www.imarcgroup.com/gcc-logistics-market
