Flagship real estate in Gibraltar & SpainLarge-scale urban regeneration in Bishkek1900 MW solar power with BESS (Kyrgyzstan)

TNG Global Investment Portfolio

Driving growth in real estate and renewable energy with sustainable development, innovation, and responsible capital allocation.

Portfolio in Europe

Gibraltar

Flagship waterfront developments

Gibraltar
Mixed-useWaterfrontEco-certified

Elysium Bayside Project

Prime waterfront mixed-use destination, Gibraltar

Elysium Bayside Project

A flagship mixed-use development delivering 330+ eco-certified residences, premium office & retail, and world-class amenities—positioned to become Gibraltar’s most iconic lifestyle and investment destination.

Key Features

  • Complete urban regeneration with elegant, sustainable design
  • Flexible workspaces & vibrant retail
  • 30+ premium amenities (rooftop pool, gym, nursery, etc.)

Project Details

Area
13,800 sqm
GFA (incl. balconies)
107,719 sqm
Buildings
6
Residential (NSA)
≈42,581 sqm
Office
≈10,390 sqm
Retail
≈2,848 sqm

Financial Overview

Category (000 GBP)
Sales revenue432,660
Total cost-296,878
Cost of goods sold-263,922
Sale costs-32,561
Conveyance Fee-395
EBIT135,782
Margin (%)31.4%
Interest of debt-9,644
EBT126,138
Margin (%)29.2%
CIT-19,711
Profit after tax106,427
Margin (%)24.6%
Gibraltar
MasterplanMarinaUrban regeneration

The Eastside Project

Ambitious waterfront masterplan, Gibraltar

The Eastside Project

A transformative eastern seafront masterplan with luxury residences, new superyacht-ready marina, retail boulevards, hospitality, and generous public green spaces.

Key Features

  • 1300+ residential units
  • State-of-the-art marina
  • Largest urban regeneration in Gibraltar

Financial Overview

Category (000 GBP)
Sales revenue1,444,000
Total cost-1,025,000
Cost of goods sold-895,000
Sale & Operating costs-130,000
EBIT419,000
Margin (%)29.0%
Interest of debt-30,000
EBT389,000
Margin (%)26.9%
CIT-64,000
Profit after tax325,000
Margin (%)22.5%
Portfolio in Europe

Spain – Málaga

La Cala de Mijas

Spain
ResidentialCosta del Sol

La Cala de Mijas (Málaga)

Five residential blocks (48 units) with pools

La Cala de Mijas (Málaga)

In the La Cala Golf urbanization (Mijas), a privileged location between mountains and the Mediterranean—30 minutes from Málaga city and airport.

Project Details

Area
16,685 sqm
Units
48
Topography
Slopes > 20%, West–East orientation

Financial Overview

Category (EUR)
Sales revenue28,531,350
Total cost20,942,446
Cost of goods sold17,996,413
Sale costs2,946,032
EBIT7,588,904
Margin (%)27%
Interest expense39,966
Profit before tax7,548,938
Margin (%)26%
CIT1,887,235
Profit after tax5,661,704
Margin (%)20%
Portfolio in Central Asia

Kyrgyzstan – Bishkek

Urban transformation at scale

Kyrgyzstan
Mixed-useFlagshipBishkek

Royal Central Park (Bishkek)

53.5-hectare landmark district

Royal Central Park (Bishkek)

A modern lifestyle district blending residential, commercial, and green spaces—setting a new urban standard in Bishkek.

Key Features

  • ≈3.9M sqm GFA | 37 residential towers (30–50 stories, ~30,000 apartments)
  • 3 office towers + luxury hotel + serviced apartments
  • Largest shopping mall in Kyrgyzstan (~100,000 sqm retail)

Project Details

Land Area
53.5 hectares
Investment Agreement
Nov 2024 (Gov’t of Kyrgyzstan)
Construction start
Mar 2025
Launch
Sep 2025 (expected)

Financial Overview

Financial Projection (USD million)
Total Revenue4,963
Total Cost-4,042
Cost of Goods Sold-3,372
Sale & Marketing Cost-511
Sale Tax-158
EBIT921
EBIT Margin19%
Interest Cost-67
Profit Before Tax854
PBT Margin17%
Kyrgyzstan
Mixed-useRedevelopment

Ai Peri Building (Bishkek)

Iconic legacy, reimagined

Ai Peri Building (Bishkek)

A high-end mixed-use redevelopment at a prime intersection—blending cultural and commercial spaces into a modern urban landmark.

Key Features

  • Construction scheduled to complete in 2025
Kyrgyzstan
ResidentialPipeline

Hill of Bishkek Flag (Pipeline)

514-hectare hillside luxury living

Hill of Bishkek Flag (Pipeline)

Low-density villas & premium low-rise residences in a serene green suburb—balancing vibrant urban and tranquil suburban lifestyles.

Key Features

  • Privacy & exclusivity
  • Scenic hillside location

Financial Overview

Financial Projection (USD million)
Total Revenue2,040
Total Cost-1,461
Cost of Goods Sold-1,143
Sale & Marketing Cost-174
Sale Tax-144
EBIT579
EBIT Margin28%
Interest Cost-105
Profit Before Tax474
PBT Margin23%
Renewable Energy

1900 MW Solar + BESS

Clean power, 25-year PPA

Energy
RenewablesUtility-ScaleBESS

1900 MW Solar Power Plant with BESS (Issyk-Kul)

Clean energy, long-term PPA

1900 MW Solar Power Plant with BESS (Issyk-Kul)

A 1900 MW solar plant with BESS and 25-year PPA; 3.6bn kWh annual generation; 36-month construction. Tariff: 4.2 US cents/kWh.

Project Details

Annual Utilization
≈1,895 hours/year
CAPEX (incl. TL & BESS)
≈$1.4B
Construction Period
36 months (post permits)
Phased COD
150MW Q1/2026 → 450MW Q3/2026 → 1300MW Q2/2028

Financial Overview

Project Economics
Total Investment Cost-$1,390M
Total Operating Revenue$3,775M
Total Operating Expense-$165M
EBITDA$3,610M
EBITDA Margin96%
IRR9.02%
NPV$120M
Payback Period9.6 years

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