Mubasher: Aqar Real Estate Investments announced it has entered a new investment valued at $5 million ($1.53 million) in New Jersey, the US.

The Boursa Kuwait-listed company has entered this new business in collaboration with a consortium of investors, according to a bourse statement on Sunday.

Aqar expected its annual revenues to increase by KWD 140,000 as a financial impact of this new investment.