Investor Presentaiton
TPL Properties Limited
Key Subsidiaries
TPL RMC & IMC
■ TPL RMC is managing TPL REIT Fund I and earning management and performance fees (FY23: PKR 1,048 Mn),
allowing for a dividend to TPL Properties in FY23
■ Growth Pipeline: (i) Telecom Tower REIT (Project Aahan); (ii) Regional Hospitality Funds (MoU in place); (iii)
Advisory mandate for Abhi Finance. Plans to use the 3-C licenced manager to aggressively grow business
outside Pakistan
■ TPLD is developing the TPL REIT Fund I projects (Actively Mangrove and One Hoshang)
TPL
Developments
■ Fees earned in FY23 are PKR 120 Mn. Loss after Tax of PKR 67 Mn due to early stage of projects
■ New CEO, Rizwan Karim (Agha Khan Regional Projects Head) joined post year end
TPL Property
Management
■ First Year of new Contract with BAHL for Centrepoint smoothly executed. Second Year auto-renewal in place
Agreement is cost plus with profit (PKR 15 Mn and PKR 12 Mn shared services cross charge)
■ New GM on boarded post year end
■ Potential growth opportunities to be soughtView entire presentation