´╗┐Material Information of Arif Habib Dolmen REIT Management Limited

Material Information

Karachi, Arif Habib Dolmen REIT Management Limited informed Pakistan Stock Exchange In Compliance with directives of Government of Sindh to contain the spread of COVID-19 across the province of Sindh in wake of fourth wave, Dolmen Mall Clifton was closed from 31 July 2021 till 8 August 2021, further the mall will be closed for two safe days in the week, with restricted timings and compliance of COVID SOPs. Dolmen City REIT (DCR) stands fully committed with its tenants and willing to extend maximum possible support to all of them during the ongoing pandemic. DCR’s management has made every effort to work in close collaboration with our business partners and we can understand economic challenges that are being faced by the organizations due to COVID-19.

A joint venture between the Arif Habib Group and the Dolmen Group, AHDRML was incorporated as a public limited company (un-quoted) in 2009 under the Companies Ordinance, 1984 and registered under NBFC Rules with the Securities and Exchange Commission of Pakistan (SECP). The objective of the company is to launch and manage REITs on carefully selected and commercially viable real estate properties with the aim of bringing real estate investment within the reach of common investors. The company combines the expertise of Arif Habib and Dolmen Group, bringing together strengths in finance and investments, market gap identification, property development and 360 degree property management.