TPL Properties

Coordinates: 24°28′51″N 67°00′53″E / 24.48079°N 67.01477°E / 24.48079; 67.01477
From Wikipedia, the free encyclopedia

TPL Properties
Company typePublic
PSXTPLP
ISINPK0110601017
IndustryReal Estate
Founded2007; 17 years ago (2007)
Headquarters,
Pakistan
Area served
Pakistan
Key people
RevenueDecrease Rs. 5.28 billion (US$18 million)[1] (2023)
Decrease Rs. 4.29 billion (US$15 million)[1] (2023)
Decrease Rs. 4.27 billion (US$15 million)[1] (2023)
Total assetsIncrease Rs. 18.12 billion (US$63 million)[1] (2023)
Number of employees
21[1] (2023)
Websitewww.tplproperty.com

TPL Properties Limited (Urdu: ٹی پی ایل پراپرٹیز لمیٹڈ) is a Pakistani real estate company headquartered in Karachi.[2]

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. TPL Corp, as the parent company, holds a 40% ownership stake.[4] TPL Property Management, TPL Developments, TPL Logistic Park, TPL Technology Zone Phase-I, and TPL REIT (Real Estate Investment Trust) management company are all 100% owned subsidiary companies of TPL Properties.[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.[4]

References[edit]

  1. ^ a b c d e "TPL Property Annual Report 2023" (PDF). tplproperty.com. Retrieved 30 November 2023.
  2. ^ "TPLP - Stock quote for TPL Properties Limited". Pakistan Stock Exchange (PSX). Retrieved 9 July 2023.
  3. ^ "TPL Properties Limited". Business Recorder. 27 March 2023. Retrieved 9 July 2023.
  4. ^ a b "TPL-TASC consortium nears acquisition of Pakistan's largest telecom infrastructure". Profit by Pakistan Today. 20 December 2022. Retrieved 9 July 2023.
  5. ^ Siddiqui, Salman (21 December 2022). "10,500 telecom towers to be outsourced". The Express Tribune. Retrieved 9 July 2023.

External links[edit]

24°28′51″N 67°00′53″E / 24.48079°N 67.01477°E / 24.48079; 67.01477