Globe Residency REIT (GRR) has announced a cash dividend of Rs. 4 per unit, equivalent to 40 percent, for the financial year ended June 30, 2026.
Managed by Arif Habib Dolmen REIT Management Limited, Globe Residency REIT is recognised as South Asia’s first listed developmental REIT. The latest payout marks the fourth consecutive annual dividend announced by the REIT since its listing on the Pakistan Stock Exchange.
With the latest distribution, GRR’s cumulative dividends since listing have reached Rs. 12.25 per unit, reflecting a continued distribution record for investors.
The REIT previously announced dividends of Rs. 3.50 per unit (35 percent) for FY2025, Rs. 1.75 per unit (17.5 percent) for FY2024, and Rs. 3 per unit (30 percent) for FY2023.
Globe Residency REIT was listed on the Pakistan Stock Exchange in December 2022 at an offer price of Rs. 10 per unit. Its listing represented a notable development for Pakistan’s real estate investment market and marked the country’s first listed developmental REIT.
The underlying project, Globe Residency Apartments, consists of nine residential towers located within Naya Nazimabad, Karachi. The project forms the core real estate asset supporting the REIT.
The latest dividend announcement highlights the continued role of listed REITs in providing investors with access to professionally managed real estate assets through the capital market.
