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During a preliminary site investigation at our development near Korangi Creek, our team encountered a pocket of underground gas while drilling a test well for water exploration.

This is to inform that the TPL team is proactively managing a natural fire that ignited in an open area adjacent to the boundary of its Mangrove property. The fire has been largely contained through the diligent efforts of the fire department, supporting rescue agencies, local government authorities, and the TPL team.

TPL Properties Ltd said on Monday its REIT Fund 1, managed by TPL REIT Management Company, has achieved its first financial close, a securities filing showed.