ISLAMABAD
\nPakistan\u2019s primary capital market continues to gain momentum as the Securities and Exchange Commission of Pakistan (SECP) has approved the Offer for Sale prospectus of Naya Nazimabad Apartments REIT (NNAR) for listing on the Pakistan Stock Exchange (PSX).
\nThe Naya Nazimabad offering marks the 13th public offering approved in 2026, reflecting strong primary-market momentum, with businesses across manufacturing, technology, energy, food, agriculture and real estate increasingly turning to the stock exchange to raise growth capital.
\nThe offering comprises 44.06 million units, representing 15% of the REIT Scheme\u2019s total units. The offering will be conducted through the book-building mechanism, with 75% allocated to institutional investors and high-net-worth individuals and 25% to retail investors.
\nNNAR is a closed-end Developmental REIT established under the Real Estate Investment Trust Regulations, 2022. The scheme is developing the acquired real estate into commercial, retail and residential units, with returns to unit holders generated through the sale of completed properties.
\nPakistan now has 29 registered REIT schemes, with six listed on PSX. NNAR will become the seventh listed REIT, further expanding regulated real estate investment opportunities.
\nSECP Chairman Dr. Kabir Ahmed Sidhu said the growing number of public offerings reflects increasing use of the capital market for business financing and investment.
\n\u201cA strong primary market helps channel savings into productive investment and provides businesses with alternative sources of long-term financing,\u201d he said.
\nHe added that SECP is working to reduce the time and cost of raising capital, improve transparency and price discovery, and broaden issuer and investor participation.<\/p>\n","protected":false},"excerpt":{"rendered":"
ISLAMABAD Pakistan\u2019s primary capital market continues to gain momentum as the Securities and Exchange Commission of Pakistan (SECP) has approved the Offer for Sale prospectus of Naya Nazimabad Apartments REIT (NNAR) for listing on the Pakistan Stock Exchange (PSX). The Naya Nazimabad offering marks the 13th public offering approved in 2026, reflecting strong primary-market momentum, […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-562745","post","type-post","status-publish","format-standard","category-business"],"yoast_head":"\n