Tag: TPL

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.

Read more

The Bank of Punjab to invest PKR 2 billion in TPL REIT Fund

Press Release / March 1, 2022

A signing ceremony was held at BOP’s Karachi office to announce BOP’s investment commitment in TPL REIT Fund. Present on the occasion were Mr. Zafar Masud (President & CEO, BOP), Mr. Farid Ahmed Khan (Group Chief – Corporate & Investment Banking, BOP), Mr. Ali Jameel (Director, TPL REIT Management Company Ltd.), and Mr. Ali Asgher (CEO, TPL REIT Management Company Ltd.) along with other senior representatives of both organizations.

Read more

TPL Corp and BOP ink agreement

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.

Read more

Karachi To Get Its First Technology Park Soon

Press Release / Feb 22, 2021

TPL Properties Limited has revealed its plan to establish a state-of-the-art technology park in Sindh.
The park is aimed at boosting the IT sector through the company’s planned project to provide high-end technological facilities to local software houses and companies. It will be the first technology park in Sindh to be set up in the commercial hub of Karachi.

Read more