News Article / Jan 15, 2022
Real Estate Investment Trusts (REITs) are investment schemes that allow investors to invest in real estate assets and that aims to distribute dividends from rental income and/or capital gains of unit sales to its unitholders…
News Article / Jan 3, 2022
Pakistan’s real estate developer TPL Properties Limited announced on Monday that it has acquired 40 acres of land in Karachi for the development of mixed-use real estate…
News Article / Dec 31, 2021
TPL REIT Management Company (TPL RMC) manager of TPL REIT Fund I, which is the first hybrid REIT Scheme with a target size of PKR 80 billion, launched the fund with an initial fund size of PKR 18 billion in the first round of closing.
News Article / Dec 24, 2021
The Securities and Exchange Commission of Pakistan (SECP) has approved and registered the REIT Scheme namely DCCL Trustee – TPL REIT Fund I, as a Hybrid REIT scheme.
News Article / Dec 4, 2021
TPL Properties Ltd is raising a fund of Rs18.35 billion from local institutional investors that its subsidiary will use to acquire and develop three commercial and residential properties in Karachi, according to a recent regulatory filing…
News Article / August 31, 2021
A unit of Pakistan’s TPL Corp plans to raise as much as $500 million through a private real estate investment trust (REIT), marking one of the largest such fundraisings in the nation’s history, Bloomberg reported on Tuesday.
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