TPL REIT Management Company Limited (TPL RMC) has entered into a Strategic Partnership Agreement with two of the country’s leading brokerage houses, Topline Securities Limited and Growth Securities (Private) Limited.
This collaboration marks a transformational milestone for the REIT funds managed by TPL RMC, bringing together the combined financial expertise, market reach, and investor networks of Topline and Growth Securities to support capital raising initiatives.
Under the terms of the agreement, the partnership will focus on: i) raising capital for new REIT funds launched by TPL RMC, ii) supporting fundraising for new assets inducted into existing REIT funds, iii) assisting in capital raising requirements for ongoing REIT projects, iv) exploring financing and fundraising opportunities for any future ventures undertaken by TPL RMC.
Speaking on the occasion, Mr. Jamal Baquar, CEO of TPL RMC, said, “This strategic partnership combines TPL RMC’s strong asset pipeline, TPL REIT Fund 1’s strong anchor investor base of 8 of the leading banks of Pakistan, with the capital markets expertise of Topline and Growth Securities, two of Pakistan’s leading brokerage houses. We are setting the stage for unprecedented investor participation and long-term value creation. This collaboration will enable us to scale REITs in Pakistan to their true potential.”
Representatives from Topline Securities and Growth Securities also shared their views, emphasizing their commitment to strengthening Pakistan’s capital markets by channeling investments into structured and professionally managed real estate platforms such as REITs.
Muhammad Sohail, CEO of Topline Securities, commented: “We are excited about this opportunity with TPL. We believe that the upcoming economic recovery and rising equity market provide an ideal environment for REITs to raise funds. This will unlock attractive opportunities for investors in Pakistan’s recovering property market.”
Iqbal A. Karim, Chairman of Growth Securities, added: “Growth Securities is honored to be part of this strategic partnership. This collaboration will help deepen Pakistan’s real estate market, provide much-needed market depth, and open new avenues for investor participation.”
This strategic alliance reflects a forward-looking vision to expand investor participation, deepen the REIT market in Pakistan, and attract both domestic and international capital into the country’s real estate sector. With both Topline and Growth Securities already recognized as market leaders in brokerage and investment advisory, their entry as strategic partners of TPL RMC is expected to significantly boost fundraising success for TPL RMC’s real estate projects.
TPL RMC is a major player in the REIT space of Pakistan, dedicated to introducing innovative and professionally managed real estate investment vehicles. With a focus on transparency, governance, and investor confidence, TPL RMC is actively driving the transformation of Pakistan’s real estate landscape.
Topline Securities is one of Pakistan’s premier brokerage and investment banking firms, providing services in equity and fixed income markets, corporate finance, and financial advisory. It is widely recognized for its robust research and strong investor network.
Growth Securities is a full-service brokerage and financial advisory firm with a strong presence at the Pakistan Stock Exchange, offering services in equity brokerage, corporate finance, and capital markets advisory, serving both institutional and retail clients.
