{
  "id": 6698575,
  "title": "Naya Nazimabad Apartments REIT attracts Rs5.6bn demand",
  "url": "https://urgent.news/2026/09/11/naya-nazimabad-apartments-reit-attracts-rs5-6bn-demand",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-11T03:42:54.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40438993/naya-nazimabad-apartments-reit-attracts-rs56bn-demand"
  },
  "original_language": "en",
  "account": null,
  "summary": "The Naya Nazimabad Apartments REIT has witnessed an overwhelming demand of Rs5.6 billion, surpassing its accepted equity amount of Rs1.01 billion by eight times, according to a report by Business Recorder. The book-building phase saw 8,361 investors participating across two phases, with the General Public Subscription being oversubscribed 4.3 times. As part of the allocation process, applicants subscribing for more than 2,000 units will receive approximately 7 percent of their applied quantity. This strong response signifies a significant milestone for the REIT, with the sponsors expressing gratitude to investors for their confidence in the offering.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}