Ahmed & Qazi

A&Q engaged for new reit financing

Yesterday (7 November), a leading bank engaged A&Q as legal counsel for a long-term finance facility of PKR 500 million to be extended for a developmental REIT set up on the direct investment structure, which shall be mainly secured through mortgages over the project land.

Located at Karachi, the REIT involves the construction and sale of towers containing apartments and commercial units.

A&Q team for this matter is led by Saim Hashmi (Senior Counsel) and Altan Ahmed (Senior Associate).