TPL Properties

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TPL Properties
Company typePublic
PSXTPLP
ISINPK0110601017
IndustryReal Estate
Founded2007; 19 years ago (2007)
Headquarters,
Pakistan
Area served
Pakistan
Key people
RevenueDecrease Rs. 5.508 billion (US$19 million) (2023)
Decrease Rs. 4.29 billion (US$15 million) (2023)
Decrease Rs. 2.966 billion (US$10 million) (2023)
Total assetsIncrease Rs. 19.118 billion (US$66 million) (2023)
Total equityIncrease Rs. 13.594 billion (US$47 million) (2023)
Number of employees
21 (2023)
Subsidiaries
  • TPL Property Management
  • TPL Developments
  • TPL Logistic Park
  • TPL Technology Zone Phase-I
  • TPL REIT
Websitetplproperty.com
Footnotes / references
Financials as of 30 June 2023 [1]

TPL Properties Limited is a Pakistani real estate company headquartered in Karachi.[2]

History

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One Hoshang Project under-construction in Karachi

Founded in 2007, TPL Properties is engaged in investing, purchasing, along with development of real estate including residential and commercial buildings. The company also sells, rents out, or disposes off the real estate.[3]

In 2016, TPL Properties changed its status from a private limited company to a public company and was listed on the Pakistan Stock Exchange, following an initial public offering at a strike price of PKR 12.50.[4][5]

In December 2022, TPL REIT Management Company Limited (TPLRMC) jointly partnered with UAE-based TASC Towers to acquire a portfolio of 10,500 telecom towers in Pakistan.[5]

Subsidiaries

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  • TPL Property Management[6]
  • TPL Developments[6]
  • TPL Logistic Park[6]
  • TPL Technology Zone Phase-I[6]
  • TPL REIT[6]

References

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[edit | edit source]

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