Ghani Global Holdings Limited has disclosed that G3 REIT Management Limited has received a licence from the Securities and Exchange Commission of Pakistan (SECP) to undertake Real Estate Investment Trust (REIT) management services as a Non-Banking Finance Company (NBFC).
According to a material information disclosure submitted to the Pakistan Stock Exchange (PSX) on October 7, 2026, the SECP has granted the required licence to G3 REIT Management Limited, marking an important regulatory development for the company’s REIT management operations.
The company stated that the licence is valid until October 1, 2029. The disclosure was made in accordance with the applicable provisions of the Securities Act, 2015, and the PSX Rule Book.
Scheme of Arrangement Updated
Following the licence approval, Ghani Global Holdings Limited has clarified that all statements and references in the Scheme of Arrangement describing the licence as being under approval, pending issuance, or yet to be obtained will now be treated as amended.
The relevant provisions will reflect that G3 REIT Management Limited has duly obtained the required SECP licence to carry out REIT management services as a Non-Banking Finance Company.
The company also confirmed that all other terms and conditions of the Scheme of Arrangement will remain unchanged.
Regulatory Development for REIT Management
The approval establishes the required licensing status for G3 REIT Management Limited to undertake REIT management services under the applicable regulatory framework. REITs provide a structure through which investors can participate in real estate-related investment opportunities, subject to the relevant scheme structure and regulations.
The disclosure was issued by Ghani Global Holdings Limited through its Company Secretary, Farzand Ali, with a copy sent to the relevant department of the SECP in Islamabad.
Information for Shareholders
Ghani Global Holdings Limited requested the Pakistan Stock Exchange to disseminate the material information to all Trading Right Entitlement Certificate (TREC) holders for their information and onward communication to investors.
The announcement provides shareholders and market participants with an update on the licensing status of G3 REIT Management Limited. However, the disclosure does not specify any immediate financial impact, revenue contribution, or future earnings projections arising from the approval.
Investors may continue to monitor official company announcements and regulatory disclosures for further information regarding the development of the company’s REIT management business.
