Investors submitted bids worth around Rs. 4.5 billion for the Naya Nazimabad Apartments REIT, eight times the amount offered during the book-building process.

The REIT raised Rs. 1 billion after the bidding reached the maximum price of Rs. 23 per unit. This was 28 percent above the minimum offer price.

The book-building portion represents 75 percent of the total issue, while the remaining 25 percent will be offered to the general public.

The public subscription will take place on September 7 and 8, 2026.

Naya Nazimabad Apartments REIT is managed by Arif Habib Dolmen REIT Management Limited, with Arif Habib Limited serving as the lead manager.