Naya Nazimabad Apartments REIT Company Description
Naya Nazimabad Apartments REIT was established for the acquisition of three real estate land parcels comprising seven commercial plots in Naya Nazimabad, Karachi, admeasuring approximately 46,597 square yards; 216 plots (146 Residential and 70 Commercial) in Bankers Avenue Cooperative Housing Society (BACHS), situated on Bedian Road, Lahore, admeasuring approximately 2,442 marla (approximately 73,871 square yards); and 76 retail shops in IT Tower located at Hali Road, Gulberg, Lahore, measuring approximately 12,249 square feet (approximately 1,361 square yards); with the objective of construction and development of the acquired Real Estate into Commercial, Retail, and residential units by the RMC; for generating income for Unit Holders, through sale of the End Products to the Customers and disposal of all other REIT Assets.
Naya Nazimabad Apartments REIT was based in Karachi, Pakistan.
| Country | Pakistan |
| Founded | 2022 |
| Industry | Real Estate Investment Trusts |
| CEO | Muhammad Ejaz |
Contact Details
Address: Arif Habib Centre Karachi, 74600 Pakistan | |
| Website | arifhabibdolmenreit.com |
Stock Details
| Ticker Symbol | NNAR |
| Exchange | Pakistan Stock Exchange |
| Fiscal Year | July - June |
| Reporting Currency | PKR |
| SIC Code | 6798 |
Key Executives
| Name | Position |
|---|---|
| Muhammad Ejaz | Chief Executive Officer |
| Razi Haider | Chief Financial Officer |
| Toufique Ahmed | Chief Operating Officer |