Pakistan’s real estate sector to welcome biggest REIT funds

ISLAMABAD: To benefit from the booming real estate sector of Pakistan, a private company is planning to raise the biggest Real Estate Investment Trusts (REIT) funds in the country.

According to the details, the private company is planning to raise $500mn by establishing a private entity.

The private company aims to raise the 60pc of total funds by welcoming foreign investment in the country while raising the remaining funds from domestic investors.

The funds will be utilized to finance three real estate projects in the country