KARACHI: Globe Residency REIT (GRR), South Asia’s first listed developmental REIT, managed by Arif Habib Dolmen REIT Management Limited, Thursday announced a cash dividend of PKR 4.00 per unit (40 percent) for the year ended June 30, 2026.
This marks GRR’s fourth consecutive annual payout since its listing, following distributions of PKR 3.50 per unit (35 percent) in FY2025, PKR 1.75 per unit (17.5 percent) in FY2024, and PKR 3.00 per unit (30 percent) in FY2023.
GRR was listed on the Pakistan Stock Exchange in December 2022 at an offer price of PKR 10 per unit, making it Pakistan’s first, and South Asia’s first, listed developmental REIT.
The underlying project, Globe Residency Apartments, comprises nine towers within Naya Nazimabad, Karachi.
Copyright Business Recorder, 2026
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