TPL Properties

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

TPL Properties

Company type	Public
Traded as	PSX: TPLP
ISIN	PK0110601017
Industry	Real Estate
Founded	2007; 18 years ago (2007)
Headquarters	Karachi , Pakistan
Area served	Pakistan
Key people	Ali Jameel (CEO) Jameel Yusuf S.St (chairman)
Revenue	Rs. 5.508 billion (US$19 million) (2023)
Operating income	Rs. 4.29 billion (US$15 million) (2023)
Net income	Rs. 2.966 billion (US$10 million) (2023)
Total assets	Rs. 19.118 billion (US$66 million) (2023)
Total equity	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
Website	tplproperty.com
Footnotes / references Financials as of 30 June 2023[update] [1]

History

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

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