The Sponsor

TPL Properties (“TPLP”), a strategic investor of TPL REIT Fund I, is a listed subsidiary of TPL Corp Limited. One of Pakistan’s leading sustainable real estate developers and operators of commercial business spaces & residential projects. TPLP is a Real Estate Investment Holding Company with diverse business lines, including real estate development, property management, and REIT management.

With over a decade of experience, TPLP has successfully developed, managed and rented out real estate properties. TPLP is an integrated real-estate developer that focuses on providing sustainable projects that become the benchmark for Pakistan.

Centrepoint

The first sustainable commercial building in Karachi, Centrepoint is the flagship project of TPL Properties. It is a 28-storey modern skyscraper that sets a design and quality benchmark for high-rise developments in Pakistan. The building was completed in 2013 and soon after achieved 100% occupancy. In 2021 it was acquired by a leading national bank for their head office.

Key Features

Location

The project is located in the centre of Karachi’s business, residential and industrial districts with quick and easy access within 15 to 20 minutes from the financial hub of I.I. Chundrigar Road, Clifton, Defence, Korangi Industrial Area, Sharah-e-Faisal, Gulshan-e-Iqbal and Airport.

High-end structure & seismic design

Centrepoint is a Grade-A project with immaculate planning and use of quality material. The facade design of Centrepoint consists of a glass curtain wall which provides a panoramic view to the occupants while being sound proof. The structural and foundation system of Centrepoint has been designed for seismic loads (earthquakes) as per highest international standards.

Standalone Power

Centrepoint is equipped with 2 x 1 MW gas generators for independent power supply and diesel generators for backup. In addition to the uninterrupted 24/7 power supply, the generators, coupled with the heat recovery systems provide savings.

Energy Efficient Building

44% saving in Electricity through use of VFD in the HVAC systems, 24% of wastewater recycled resulting in savings of 1.5 Mn Gallons of water per Annum, 470,000+ Nm3 of natural gas per annum is saved through waste heat recovery system

Internationally Accepted Fire Safety Standards

Centrepoint maintains highest international standards of fire safety, this includes two fire escape staircases (front & rear), two fire hose cabinets on each floor, with fire extinguishers, sprinkler system on every floor including parking floors, fire detection system in compliance with NFPA 72, and water storage for fire fighting, etc.

Built-in IT setup

Centre point has a built-in IT infrastructure with two independent optical fibre cables with 100% back-up. The building is also equipped with switching, security and access controls. Tenants have ready connectivity (including VoIP) and are provided with data hosting server options.

Security

Other security features of Centrepoint include automatic elevator recalls and voice evacuation systems, metal detectors and smart gates, RFID Turnstiles and Blast Barriers, Bio metric recognition for secure access to key locations, fence and perimeter protection system ensures a considerable level of external security, etc.