Arif Habib Limited has shared key updates from a management meeting with Naya Nazimabad Apartment REIT (NNAR), highlighting steady progress on the Peace Apartments project and innovative investment initiatives.
Construction is advancing across three commercial sites within Naya Nazimabad, with grey structures completed at 13% on COM‑41, 11% on COM‑39 and 8% on COM‑37 as of June 30, 2026. Market response has been encouraging: bookings stand at 546 of 638 apartments and 174 of 222 shops at COM‑41 and COM‑39, or 86% and 78%, respectively. COM‑37 added 376 apartments and 56 shops, with 118 apartments and 33 shops booked to date.
NNAR offers a flexible payment plan, requiring 70% of the purchase price during construction and 30% upon possession, to improve affordability and support collections.
Beyond Peace Apartments, NNAR holds a diversified portfolio in Lahore, including 146 residential plots, 70 commercial plots and 76 shops, with initial sales already completed. The Scheme has also introduced PropertyShare, allowing investors to acquire fractional ownership in 100‑square‑foot portions of apartments, with rental proceeds distributed proportionally through Arif Habib Dolmen REIT Management Limited.