长沙USDT支付服务|【唯一TG:@heimifeng8】|电报盗号系统全功能破解技术✨谷歌搜索留痕排名,史上最强SEO技术,20年谷歌SEO经验大佬✨Pakistan fashion company Image plans to issue REIT next month

Pakistan fashion company Image plans to issue REIT next monthBy
Bloomberg Published
March 2,长沙USDT支付服务 2025

Pakistan fashion brand Image plans to launch a real estate investment trust next month for two of its properties in Karachi. 

Image intends to offer 92 million shares at 10 Pakistani rupees below their net asset value in the planned REIT issue, Topline Securities Chief Executive Officer Mohammed Sohail said on Saturday in a text message. The offering will provide investors with substantial potential for gains, according to Sohail. 

Topline Securities and Growth Securities are joint advisers for the transaction. 

The offering comes as real estate prices rise in Karachi after years of stagnation, according to Pakistan’s largest online real estate portal Zameen.com. The country’s economy has been bolstered by a $7 billion loan deal with the International Monetary Fund. 

Image is a textile manufacturer and fashion brand with about 14 stores in Pakistan, and has an online presence in multiple countries including the US and the UAE.

The REIT will be separate from the listed entity Image Pakistan Ltd.