Globe Residency REIT is being managed by Arif Habib Dolmen REIT Management Limited and Arif Habib Development and Engineering Consultant Private Limited is the Development Advisor. All nine towers will be ready for possession within 3 years. GRR units will also be listed on PSX offering opportunity to invest to general public. 642 apartments have already been booked by the buyers out of 838 offered in November 2021.
Meezan Bank Limited (MBL) has entered in to a Musharakah Agreement with Globe Residency REIT (GRR), Naya Nazimabad for development of 3 Apartment Towers consisting of 408 apartments of 2 Bedrooms. Overall, GRR is constructing nine towers. Construction of Towers is already in progress and their grey structure is expected to be ready in eighteen months.
Naya Nazimabad is a city especially envisioned keeping the progressive middle class in mind; built up on the idea of providing lifestyle along the lines of peaceful community living. It is the inception of a thought that a house should be a home of serenity, respite and repose and we surly will make it happen at Naya Nazimabad. Therefore, we call it a Mark of Pride