Pakistan takes first steps in the Reit direction
The Securities and Exchange Commission of Pakistan (SECP) has given its go-ahead to launch the country’s first real estate investment trust, with Arif Habib Dolmen Reit Management preparing an IPO for the second quarter of 2015. Interest is already strong and bankers are hoping Arif’s success will pave the way for more such listings to boost the Pakistan equity capital market.
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