Trends - REIT - Business Recorder

REIT

SECP amends Third Schedule: Securities brokers classified as ‘PIC’

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has classified securities brokers having ...

Published 23 Jul, 2024 06:34am

Business & Finance

Registration of trust deed, REIT Scheme: SECP decides to revise procedure

ISLAMABAD: The Securities and Exchange Commission of Pakistan has decided to revise procedure for registration of...

Published 25 Jun, 2024 06:42am

Business & Finance

Real estate group IMARAT enters capital market with REIT licence

KARACHI: IMARAT Group of Companies, a renowned name in Pakistan’s real estate sector, achieved a significant...

Published 08 May, 2024 07:57am

TPL REIT Fund-I public subscription opens today

KARACHI: Pakistan Stock Exchange (PSX) is set to witness the offer for sale of TPL REIT Fund-I, with public...

Updated 02 May, 2024 09:21am

Business & Finance

REIT declares dividend of Rs3 per unit in first year of its listing

KARACHI: Globe Residency REIT (GRR), Pakistan’s first listed Developmental Real Estate Investment Trust (REIT), ...

Published 16 Sep, 2023 03:03am

Business & Finance

Dolmen City REIT announces 18.1% annualised dividend for FY23

The Board of Directors of Dolmen City REIT (DCR) declared and approved a final cash dividend of Rs0.50 per unit, in...

Published 19 Jul, 2023 03:16pm

Non-residents: REIT RMCs allowed to issue units thru private placements

KARACHI: The State Bank of Pakistan (SBP) has granted general permission to Real Estate Investment Trust (REIT)...

Updated 25 Mar, 2023 08:46am

Editorials

Ishaq Dar’s address: misplaced optimism?

EDITORIAL: Federal Finance Minister Ishaq Dar gave an impassioned virtual address to mark the first listing of the...

Published 30 Dec, 2022 05:50am

Dar addresses ebbing investor confidence

KARACHI/ISLAMABAD: Finance Minister Ishaq Dar Wednesday assured the investors that Pakistan won’t default, adding...

Updated 29 Dec, 2022 08:45am

Business & Finance

Globe Residency REIT: First developmental REIT starts trading at PSX

Arif Habib says REIT instrument gives investors fresh avenue for safe investment

Published 28 Dec, 2022 04:44pm

Business & Finance

Market capital plummets 35pc in dollar terms: Another bad year for Pakistan stocks

KARACHI: The outgoing 2022 was another bad year for Pakistan stocks where the market capitalization of listed...

Published 25 Dec, 2022 03:29am

Business & Finance

Globe Residency REIT raises Rs388m

KARACHI: Javedan Corporation Limited has received a subscription of Rs 387,945,000 from the general public through a...

Published 21 Dec, 2022 06:39am

Opinion

Blackstone REIT restriction a possible warning sign for markets

While there has been little wider fallout from this week’s surge in redemption requests at an unlisted Blackstone...

Published 04 Dec, 2022 03:37am

Technology

TPL REIT Management Company, TASC Towers partner in bid to acquire telecom tower infrastructure

Duo participates as consortium in auction process for acquisition through an infrastructure REIT

Published 21 Sep, 2022 11:41am

Business & Finance

Silkbank to receive Rs12bn equity to consolidate its financial health

KARACHI: Backed by the significant announcement by Silkbank Limited of an Expression of Interest from M/s. Park View...

Published 10 Jun, 2022 07:00am

Markets

Tarin warns 'speculators', says rupee will reverse direction

Advisor to PM on finance says, based on REER, the currency should be around 165-167 against the US dollar
Remarks come amid reports that rupee crossed 176 in inter-bank trading on Friday

Updated 26 Nov, 2021 07:59pm

Real Estate Investment Trusts: Special purpose vehicles to get income tax exemption

ISLAMABAD: The government has decided to grant income tax exemption to the special purpose vehicles (companies) of...

Updated 23 Nov, 2021 09:40am

Business & Finance

Saudi Arabia's SAC to sign agreement for investment in Pakistan's real estate project

Rs100-billion 'Sapphire Bay' is to be built under developmental REIT, will be listed within 3 years

Updated 18 Nov, 2021 11:00am

Business & Finance

Tapping govt's favourable view, TPL eyes Pakistan's biggest REIT

Plans to raise $500 million through private placement

Published 31 Aug, 2021 07:59pm

Construction industry: FBR gives incentives to developers and builders

ISLAMABAD: The Federal Board of Revenue (FBR) has provided certain incentives to the developers and builders of the...

Updated 05 Jul, 2021 09:31am

Markets

SECP approves REIT Scheme registration

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has accorded approval for registration of the...

Published 02 Jul, 2021 04:20am

Business & Finance

Pakistan to see its first set of developmental REITs

Silk Islamic Development REIT to be launched within a week, says REIT management company's CEO

Published 01 Jul, 2021 09:35am

Pakistan

‘Revamped REIT rules to unleash big boom in real estate sector’

ISLAMABAD: The new reforms to the Real Estate Investment Trust (REIT) Regulations notified by the Securities and...

Published 11 Jun, 2021 03:41am

Pakistan

SECP revamps REIT regulations

ISLAMABAD: To promote investment in the real estate sector through Real Estate Investment Trusts (REITs), the...

Published 09 Jun, 2021 03:29am

Pakistan

REIT management companies appreciate SBP’s decision

KARACHI: Real Estate Investment Trusts (REITs) management companies have appreciated amendment in Basel Capital...

Published 03 Jun, 2021 04:13am

Business & Finance

Bondholders hire Rothschild to help oppose Dubai fund revamp

DUBAI: A group of creditors has hired financial adviser Rothschild and law firm Clifford Chance to help oppose the...

Published 24 May, 2021 04:03am

Markets

Shanghai Stock Exchange starts accepting REIT applications

SHANGHAI: The Shanghai Stock Exchange said Wednesday it had started accepting applications for publicly offered...

Published 26 Apr, 2021 03:29am

Business & Finance

How will govt Income Tax (Amendment) Bill 2021 impact industry?

Regarding the removal of tax exemption on the sale of immovable property to REITs, the report was of the view that this will not impact listed REITs.
However, this may have a negative impact on potential REIT listings.

Published 13 Mar, 2021 01:52pm

SECP grants licence to two new REITs

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has granted licence to two new Real Estate...

Updated 10 Jan, 2021 03:24am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 17	278.60
USD PKR Interbank Buying / Dec 17	278.60
USD to Japanese Yen / Dec 17	153.56
USD to Swiss Franc / Dec 17	0.89
Pound Sterling to USD / Dec 17	1.27
Euro to USD / Dec 17	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
India Sensex / Dec 17	80,684.45
Tokyo Nikkei / Dec 17	39,164.26
Nasdaq / Dec 17	20,109.06
Hang Seng / Dec 17	19,815.30
FTSE 100 / Dec 17	8,195.20
Dow Jones / Dec 17	43,449.90
Germany DAX 30 / Dec 17	20,246.37

Item	Value
Crude Oil USD/Barrel / Dec 17	70.11
Karachi Cotton PKR/37.32 KG / Dec 17	17,585
Gold 10 Grams PKR / Dec 17	241,860
Gold Spot USD/Ounce / Dec 17	2,644.07
Cotton US¢/pound / Dec 17	68.53
Petrol/Litre / Dec 18	252.10

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.70 ▲ 1.00 (17.54%)
Dadabhoy Cement / Dec 18 Dadabhoy Cement Industries Limited(DBCI)	8.02 ▲ 0.91 (12.80%)
S.G.Power / Dec 18 S.G. Power Limited(SGPL)	9.17 ▲ 1.00 (12.24%)
Faran Sugar (R) / Dec 18 Faran Sugar Mills Limited (R)(FRSMR)	9.43 ▲ 1.00 (11.86%)
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	11.06 ▲ 1.01 (10.05%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Data Agro / Dec 18 Data Agro Limited(DAAG)	139.24 ▲ 12.66 (10.00%)
Diamond Ind. / Dec 18 Diamond Industries Limited(DIIL)	20.90 ▲ 1.90 (10.00%)
Leather Up Ltd. / Dec 18 Leather Up Limited(LEUL)	26.74 ▲ 2.43 (10.00%)

Stock	Price
Equity Modaraba / Dec 18 First Equity Modaraba(FEM)	3.01 ▼ -0.43 (-12.50%)
Blue-Ex Ltd / Dec 18 Blue-Ex Limited (GEM)(GEMBLUEX)	37.76 ▼ -4.20 (-10.01%)
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
Din Tex. / Dec 18 Din Textile Mills Limited(DINT)	45.90 ▼ -5.10 (-10.00%)
Imperial Limited / Dec 18 Imperial Limited(IML)	20.16 ▼ -2.24 (-10.00%)
Macter Int. Ltd / Dec 18 Macter International Limited(MACTER)	331.40 ▼ -36.82 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Calcorp Ltd / Dec 18 Calcorp Limited(CASH)	26.22 ▼ -2.91 (-9.99%)
Biafo Ind. / Dec 18 Biafo Industries Limited(BIFO)	199.88 ▼ -21.05 (-9.53%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.13
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▼ -0.21
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	58,285,174 ▼ -0.54
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	57,202,972 ▼ -0.02
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -0.85
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 1.76
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▲ 0.03
Hub Power Co. / Dec 18 The Hub Power Company Limited(HUBC)	33,289,968 ▼ -3.68
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	31,365,092 ▼ -0.27

Markets →

Budget 2024-25: income tax calculator for FY25

REIT

Most Popular