TPL REIT Management Company Limited (TPL RMC), established in 2019, is the leading provider of REIT management services in Pakistan and is regulated by the SECP. TPL RMC is a 100% owned subsidiary of TPL Properties Limited (TPLP) and was established to capitalize on the sustainable real estate development and management expertise of its parent company.
TPL RMC launched its first fund, REIT Fund I, the Sustainable Development Fund, which is a portfolio of diverse real estate asset classes in Pakistan, all targeting to be LEED Certified. The mission of the Fund is to decarbonize Pakistan’s cities through sustainable and climate focused developments, supporting technology ecosystems, heritage, and the environment. The projects aim to uplift living standards and address the shortfall in commercial and residential properties due to rapid urbanization in Pakistan.
TPL RMC’s foreign subsidiary, TPL Investment Management (TPL IM), is the fund manager registered in the Abu Dhabi Global Market operating with a 3c fund manager license.