6 real estate investment trusts worth Rs38bn expected this year - Newspaper
REITs collect money from investors and deploy it in real estate projects. — Photo courtesy Sana Agboatwala/File KARACHI: After six years of radio silence from over half a dozen companies with a licence to manage real estate investment trusts (REITs), as many as six transactions worth up to Rs38 billion are likely to take place within 2021-22. Speaking to Dawn in a recent interview, Arif Habib Dolmen REIT Management CEO Muhammad Ejaz said his company will soon launch four REITs in addition to the two schemes that the company announced earlier this month. REITs collect money from investors a...