NewGenIvf Group Ltd. Forms Joint Venture with BNW to Develop Real Estate Project in UAE’s Ras Al Khaimah Beach District

Reuters

Oct 08

NewGenIvf Group Ltd. Forms Joint Venture with BNW to Develop Real Estate Project in UAE's Ras Al Khaimah Beach District

NewGenIvf Group Ltd. has announced the establishment of a joint venture with BNW Real Estate Development LLC to develop a strategic plot of land in Ras Al Khaimah's Beach District, UAE. Under the agreement, NewGen will hold a 60% stake in the venture, which aims to capitalize on the region's thriving real estate market. Feasibility studies project potential net returns of up to US$67 million for NewGenProperty, the subsidiary leading the project, representing a 272% return on investment. The development is expected to be completed by 2028, marking a significant step in NewGen's diversification strategy and geographic expansion in the UAE.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NewGenIvf Group Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9542152-en) on October 08, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Forms Joint Venture with BNW to Develop Real Estate Project in UAE's Ras Al Khaimah Beach District\n    \n\n        NewGenIvf Group Ltd. has announced the establishment of a joint venture with BNW Real Estate Development LLC to develop a strategic plot of land in Ras Al Khaimah's Beach District, UAE. Under the agreement, NewGen will hold a 60% stake in the venture, which aims to capitalize on the region's thriving real estate market. Feasibility studies project potential net returns of up to US$67 million for NewGenProperty, the subsidiary leading the project, representing a 272% return on investment. The development is expected to be completed by 2028, marking a significant step in NewGen's diversification strategy and geographic expansion in the UAE.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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