Karachi: Pakistan Stock Exchange Limited (PSX) has announced the placement of the Draft Offer for Sale Document of the Naya Nazimabad Apartment REIT on its website. This step is part of the process for the REIT Scheme's application for listing on the Main Board of PSX. The announcement was made on July 6, 2026, inviting public comments on the draft document.

The Initial Public Offering (IPO) of the Naya Nazimabad Apartment REIT consists of 44,062,500 units, each with a par value of PKR 10, offered through the Book Building Method. The Floor Price is set at PKR 18 per unit. Arif Habib Limited is acting as the Lead Manager for this offering.

According to information available from the Pakistan Stock Exchange (PSX), the Draft Offer for Sale Document has been made accessible under the label "Public Comments on Draft Offer for Sale Document of Naya Nazimabad Apartment REIT." Interested parties are encouraged to review the details in the document and submit their written feedback by close of business on Monday, July 13, 2026.

This move is in compliance with Clause 3A.(2) of the Public Offering Regulations, 2017, which requires the solicitation of public comments on such documents. The initiative underscores the transparency and regulatory adherence in public offerings at the PSX.