News Article

TPL REIT raises Rs18.3bn

News Article / May 12, 2022

TPL Properties Ltd said on Wednesday its wholly-owned subsidiary, TPL REIT Management Company Ltd, has signed unit subscription agreements with “initial investors” in its first funding round of Rs18.35 billion for TPL REIT Fund I.

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TPL REIT secures Rs18.35bn in funding round

News Article / March 25, 2022

TPL REIT Management Company Ltd, a wholly-owned subsidiary of TPL Properties Limited, has successfully secured its first funding round of Rs18.35 billion for its TPL REIT Fund I (Fund), informed the company in its filing to the Pakistan Stock Exchange (PSX) on Thursday, paving way for the REIT to raise its target of Rs80 billion.

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