Daily Archives: January 12, 2022

News Article / Jan 12, 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 / 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 / Sep 1, 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.

News Articles / Sep 14, 2021

TPL Corp has inked an agreement with Bank of Punjab (BoP) to finance the establishment of multiple real estate projects including Sindh’s first Technology Park, Pakistan’s first Gold LEED certified ultra-luxurious residential project “One Hoshang” and TPL Properties upcoming master planned community project &investment in group subsidiaries.

News Article / June 26, 2021

TPL Corp, Pakistan’s leading tech conglomerate, has acquired an additional stake in TPL Properties, the tech giant’s emerging real-estate property development arm.

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 / 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…