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Company Profile
TPL REIT Management Company Limited, a 100% owned subsidiary of TPL Properties Limited launched the first Shariah Compliant Hybrid REIT Fund of Pakistan namely TPL REIT FUND – I (“The Fund”). TPL REIT FUND – I seeks long-term growth in NAV and dividend distribution for its Unitholders through investing in sustainable real estate assets in Pakistan. Currently the Fund has invested in three projects: Mangrove – Master Planned Community for Mix Development use, One Hoshang – Pakistan’s one of a kind premium-end Residential Apartment Tower and Tech Park – First of a kind Technology Park in Pakistan. The principal activity of the Fund is investing in real estate projects through Special Purpose Vehicles (SPVs) in accordance with the constitutive documents and applicable laws to generate income / returns for investors through rental income, capital appreciation and through sale of development property.
| Syed Jamal Baquar | CEO |
| Shayan Mufti | Company Secretary |
TPL REIT Management Company Limited, 20th Floor, Sky Tower, East Wing, Dolmen City, HC - 3, Block 4, Abdul Sattar Edhi Avenue, Clifton, Karachi
M/s Digital Custodian Company Limited, 4th Floor, Pardesi House, Old Queens Road, Karachi
KPMG Taseer Hadi & Co. Chartered Accountants
June
Equity Profile
Announcements
| Date | Title | Document |
|---|---|---|
| Apr 30, 2026 | Transmission of Quarterly Report for the Period Ended 31-03-2026 | View PDF |
| Apr 27, 2026 | Financial Results for the Quarter Ended March 31, 2026 | View PDF |
| Feb 27, 2026 | Transmission of Quarterly Report for the Period Ended December 31, 2025 | View PDF |
| Feb 19, 2026 | Financial Results for the Quarter Ended December 31, 2025 | View PDF |
| Dec 5, 2025 | Transmission of Quarterly Report for the Period Ended 30-09-2025 | View PDF |
| Date | Title | Document |
|---|---|---|
| Jun 16, 2026 | Board Meeting Other Than Financial Results REVOKED | View PDF |
| Apr 20, 2026 | Board Meeting | View PDF |
| Apr 13, 2026 | Board Meeting REVOKED | View PDF |
| Feb 10, 2026 | Board Meeting | View PDF |
| Dec 2, 2025 | CERTIFIED COPY OF THE EXTRACT OF THE RESOLUTIONS PASSED BY THE UNITHOLDERS OF TPL REIT FUND-I (THE FUND) IN THE GENERAL MEETING HELD ON DECEMBER 01, 2025. | View PDF |
| Date | Title | Document |
|---|---|---|
| Jul 24, 2026 | Disclosure of Interest by a Director CEO, or Executive of a listed company and their Spouses and the Substantial Shareholders u/c 5.6.1.(d) of PSX Regulations | View |
| Jul 17, 2026 | Disclosure of Interest by a Director CEO, or Executive of a listed company and their Spouses and the Substantial Shareholders u/c 5.6.1.(d) of PSX Regulations REVISED | View |
| Jul 17, 2026 | Disclosure of Interest by a Director CEO, or Executive of a listed company and their Spouses and the Substantial Shareholders u/c 5.6.1.(d) of PSX Regulations REVOKED | View |
| Jul 9, 2026 | Disclosure of Interest by a Director CEO, or Executive of a listed company and their Spouses and the Substantial Shareholders u/c 5.6.1.(d) of PSX Regulations | View |
| Jul 3, 2026 | Disclosure of Interest by a Director CEO, or Executive of a listed company and their Spouses and the Substantial Shareholders u/c 5.6.1.(d) of PSX Regulations | View PDF |
Financials
All numbers in thousands (000's) except EPS
| 2025 | 2024 | |
|---|---|---|
| Total Income | 1,541,026 | 1,039,046 |
| EPS | 0.41 | 0.23 |
| Q3 2026 | Q2 2026 | Q1 2026 | Q3 2025 | |
|---|---|---|---|---|
| Total Income | (23,480) | 81,357 | (62,909) | 38,843 |
| Profit after Taxation | (187,985) | (1,265,259) | (236,016) | (145,129) |
| EPS | (0.10) | (0.69) | (0.13) | (0.07) |

Ratios
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| EPS Growth (%) | 78.26 | (96.70) | |
| PEG | 0.44 | (0.67) |









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