The scheme shall be managed by TPL REIT Management Company and Sponsored by TPL Properties, a listed Real Estate Developer and Operator, holding a legacy in successfully developing, operating, and exiting state-of-the-art real estate projects.
TPL REIT Fund I’s leading investments shall consist of a mix of Commercial, Residential, Retail, and Hospitality projects, adding a built area of over 13 MN sq. ft. to Pakistan’s real estate market. Through its well-diversified investment portfolio, the trust shall establish itself as an attractive platform for its local and international investors, aiming to provide capital appreciation along with stable returns.
TPL REIT Fund I Scheme adheres to international standards of Corporate Governance through its structure of Shariah, Advisory, and Investment Committees comprising of independent members. Our independent members are seasoned professionals, highly qualified with decades of local and global experience related to fund management, investment banking, real estate investment management, leading large corporates, and risk management.
TPL REIT Fund I shall be managed by TPL REIT Management Company Limited (‘the Manager”), a wholly-owned subsidiary of TPL Properties Limited. The company has been incorporated and licensed by SECP to undertake REIT management services .
The Manager has placed a highly experienced professional management team with strong expertise in investment and asset management of real estate development and yielding assets across Pakistan. It shall set the strategic direction for TPL Pakistan REIT and manage its assets to maximize return for the units’ holders through dividend distributions and growth in asset value.
In addition, the Manager shall adhere to the guidelines set out by the Independent Shariah Committee, Investment Committee, and Advisory board, to ensure that the fund adopts a standard of compliance that is accepted in the region in all aspects of its operation.