Psx approves book building of naya nazimabad apartment reit offering 4406 million units
Psx approves book building of naya nazimabad apartment reit offering 4406 million units
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Open on ProfitPsx approves book building of naya nazimabad apartment reit offering 4406 million units
The Securities and Exchange Commission of Pakistan (SECP) and the Pakistan Stock Exchange (PSX) have approved the issuance, circulation, and publication of the Offer for Sale Document for Naya Nazimabad Apartment REIT (NNAR), offering 44,062,500 units through the Book Building method, according to a PSX notice dated August 25, 2026.
Under the offer document, 75% of the issue size, 33,046,875 units, will be offered through book building at a floor price of Rs18 per unit, with a maximum price band of up to 27.77%, or Rs23 per unit.
Eligible Participants, as defined under the Public Offering Regulations, 2017, may take part in the book building process through a one-time registration with PSX, with no fresh registration required for those already registered.