Naya Nazimabad Apartments REIT’s book-building process was oversubscribed eight times, with investors submitting bids worth around Rs. 4.5 billion.
The REIT raised Rs. 1 billion in equity after bids reached the upper price limit of Rs. 23 per unit.
The upper price was 28 percent higher than the floor price.
The book-building portion accounts for 75 percent of the total offering, while the remaining 25 percent will be offered to the general public.
Public subscription for the REIT is scheduled for September 7 and 8, 2026.
Naya Nazimabad Apartments REIT is managed by Arif Habib Dolmen REIT Management Limited, while Arif Habib Limited is serving as the lead manager.
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