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Karachi: Globe Residency REIT (GRR) exhibited promising growth in the real estate investment sector. The REIT closed at PKR 11.99, with a daily weighted average rate of PKR 11.96. It holds a paid-up capital of PKR 1,400.00 million as of June and distributed a 30% return in 2023. The shares have a par value of PKR 10 and a market lot of 500. Since its listing in 2022, Globe Residency REIT achieved a high rate of PKR 15.75 and a low of PKR 8.32 in January to October 2023. The total shares traded were 42,686,500.
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