TPL REIT Fund I completes acquisition of real estate assets’ initial portfolio

News Image

MG News | December 12, 2022 at 12:00 PM GMT+05:00

0:00

December 12, 2022 (MLN): TPL REIT Fund I has completed its acquisition of the initial portfolio of real estate assets after completing the acquisition of land for the Tech Park project by way of acquiring a 100% stake in TPL Technology Zone Phase I (Pvt) Ltd (“SPV”) from TPL Properties Limited against the issuance of 162.5 million REIT units, the company filing on the bourse revealed. 

This transaction has completed the strategic investment of Rs7,100 million in the Fund by TPL Properties Limited, it added. 

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 136,379.97
273.10M
0.32%
440.10
ALLSHR 84,648.35
701.94M
0.06%
47.97
KSE30 41,546.23
70.12M
0.42%
172.55
KMI30 191,719.76
71.30M
0.34%
649.79
KMIALLSHR 55,827.74
371.98M
0.16%
89.67
BKTi 37,827.61
18.93M
-1.72%
-662.14
OGTi 27,670.67
7.41M
-0.42%
-117.47
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 118,380.00 119,915.00
118,035.00
-1250.00
-1.04%
BRENT CRUDE 68.88 69.01
68.74
0.36
0.53%
RICHARDS BAY COAL MONTHLY 96.50 0.00
0.00
1.80
1.90%
ROTTERDAM COAL MONTHLY 104.50 0.00
0.00
-1.05
-0.99%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 66.83 66.99
66.58
0.45
0.68%
SUGAR #11 WORLD 16.55 16.67
16.40
-0.01
-0.06%

Chart of the Day


Latest News
July 17, 2025 at 06:31 AM GMT+05:00

MG Morning Breeze: Updates to Skim before Market


July 16, 2025 at 11:00 PM GMT+05:00

SBP raises Rs342bn in PIB Auction


July 16, 2025 at 10:17 PM GMT+05:00

TRG case files stolen en route to Islamabad


July 16, 2025 at 05:45 PM GMT+05:00

PM pushes for digital, International-Standard education


July 16, 2025 at 05:09 PM GMT+05:00

Gold price in Pakistan falls Rs3,000 per tola



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg