After the central bank, the Securities & Exchange Commission of Pakistan has now been aiming to promote investment in the real estate sector through Real Estate Investment Trusts (REITs). REITs are companies that raise funding from the general public and institutions such as banks, and deploy these funds through investment in real estate properties. The SECP says it has revamped the regulatory framework to facilitate REITs. “The amendments have shifted the regulatory structure from approval-based to disclosure-based issuance, reducing entry barriers for new REITs,” the SECP said in a statement. “It will help in making REITs competitive with the unorganized sector led real estate
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