Naya Nazimabad REIT Book Building Gets 8x Oversubscribed
Naya Nazimabad Apartments REIT's book-building process was oversubscribed eight times, with investors submitting bids worth around Rs.
Naya Nazimabad Apartments REIT's book-building process was oversubscribed eight times, with investors submitting bids worth around Rs.
Article outline
- What happened
- The details
- The bottom line
Key points
- While Arif Habib Limited is serving as the lead manager, naya Nazimabad Apartments REIT is managed by Arif Habib Dolmen REIT Management Limited.
- Public subscription for the REIT is scheduled for September 7 and 8, 2026.
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- While the remaining 25 percent will be offered to the general public, the book-building portion accounts for 75 percent of the total offering.
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Meanwhile, the REIT raised Rs. 1 billion in equity after bids reached the upper cost limit of Rs. 23 per unit. The upper cost was 28 percent higher than the floor rate. Local Banks Attract Rs. 13 Billion Deposits per Day in July.
While Arif Habib Limited is serving as the lead manager, naya Nazimabad Apartments REIT is managed by Arif Habib Dolmen REIT Management Limited. Stay Connected with ProPakistani.
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In short, naya Nazimabad REIT Book Building Gets 8x Oversubscribed is the central thread here, and readers can expect follow-up reporting as the picture becomes clearer.
