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Corporate

Nishat Chunian Approves Winding Up of Property Subsidiary and Sale of Gulberg II Lahore Land

▫️Winding up of Nishat Chunian Properties and the sale of 8 kanals, 7 marlas and 155 square feet of freehold land in Lahore approved

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National

Finance Act 2026 Approved: New Tax Regime to Reshape Pakistan’s Real Estate Market from July 1

▫️Property buyers and sellers to operate under revised tax framework; the law also retains key real estate incentives announced in the 2026 27 Budget, including lower property withholding taxes and continued funding for the PKR 71 billion Apna Ghar housing initiative

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Global

Two Real Estate Firms Announce Multi Storey Logistics Project in Paris

▫️A used industrial site in Bezons will be transformed into a modern, sustainable and multi level logistics asset covering 36,000 square metres

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Global

Invel Real Estate to Invest in Residential and Hospitality Projects in Southern Europe

▫️The company has raised €400 million against a €300 million target, attracting investors from Europe, the Middle East and North America

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National

Constitutional Court Sets Aside Sindh High Court Verdict on Sindh Secretariat Cooperative Housing Society Elections

▫️Court rules that parties cannot directly approach the High Court when an effective legal forum is available; election disputes must be decided by the competent forum

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