PSX Tender Notice 2026 – EOI for Real Estate Redevelopment Through REIT Scheme (9,408 Sq. Yards Karachi)

🏢 Real Estate EOI & Prequalification 📈 Pakistan Stock Exchange Limited | Ref: PSX/REIT/EOI/01/2026

PSX Tender Notice 2026 – EOI & Prequalification of Consortia for Real Estate Redevelopment Through REIT Scheme (9,408 Sq. Yards Karachi)

Authority
Pakistan Stock Exchange
Site Area
9,408 Sq. Yards (Karachi)
Submission Deadline
December 14, 2026 (05:30 PM)
Structure
REIT Scheme (Regulations 2022)

1. Introduction – Landmark Commercial Redevelopment Project

Pakistan Stock Exchange Limited (PSX) has formally issued an Expression of Interest (EOI) and Prequalification of Consortia under reference PSX/REIT/EOI/01/2026 for the proposed structuring, design, financing, development, and implementation of a landmark commercial real estate redevelopment project in the financial hub of Karachi.

The project encompasses PSX's premier real estate asset measuring approximately 9,408 square yards located at Stock Exchange Road, fronting M.T. Khan Road, Karachi. Operating under the provisions of the Real Estate Investment Trust (REIT) Regulations, 2022, the objective is to redevelop the property into an iconic, state-of-the-art modern commercial complex ("PSX Towers REIT"). PSX invites qualified real estate developers, investment banking consortia, architectural institutions, and project financiers to submit prequalification dossiers.

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2. PSX EOI & Tender Overview

Procuring Organisation Pakistan Stock Exchange Limited (PSX)
Tender Reference Number PSX/REIT/EOI/01/2026
Procurement / EOI Title Redevelopment of PSX Real Estate Assets through a REIT Scheme
Project Location Stock Exchange Road, Karachi, fronting M.T. Khan Road
Total Land Area 9,408 Square Yards (Freehold owned by PSX)
Regulatory Framework Real Estate Investment Trust Regulations, 2022 (SECP)
Submission Mode Sealed Envelope marked "EOI — PSX Towers REIT" + Searchable PDF via Email
Submission Deadline December 14, 2026 by 05:30 PM (PST)
Official Email info@psx.com.pk

3. Site Specifications & Scope of Redevelopment

  • Prime Location: Stock Exchange Road, Karachi, fronting M.T. Khan Road, located in the central financial and commercial corridor.
  • Landholding: 9,408 square yards directly owned by PSX.
  • Existing Use: Currently houses Exchange's own core operations and a number of existing sub-lessees in occupation.
  • Intended Structure: Real Estate Investment Trust (REIT) Scheme; the land and buildings are proposed to be transferred or contributed to a registered REIT against the issuance of REIT units.
  • Development Scope: Structuring, architectural and engineering design, financing, construction, tenancy transition, and comprehensive operational launch of a modern multi-storey commercial complex. Detailed technical development proposals will be required at the Request for Proposals (RFP) stage from shortlisted consortia.

🛠️ Free Bidder Utilities & Document Preparation Tools:

Prepare your corporate EOI dossiers, convert credentials to searchable PDF, and manage links:

4. Minimum Qualification Criteria for Consortia

  1. Legal Status: The interested party must be a validly registered existing legal entity authorised to undertake real estate development or related activities. It must provide an authorised signatory and disclose material insolvency, debarment, blacklisting, litigation, regulatory proceedings, material defaults, and actual or potential conflicts of interest.
  2. Development Experience: Must demonstrate relevant experience in developing or managing at least two (02) comparable commercial, mixed-use, high-rise, or urban redevelopment projects. Must have performed a material development role and not acted solely as a contractor, consultant, or passive investor.
  3. Fundraising & Financing Capability: Must itself demonstrate relevant experience in raising, arranging, or mobilising equity, debt, construction finance, project finance, and/or capital-market funding for large-scale real estate or infrastructure projects. Credentials must state the project or transaction, amount, funding instrument, date, status, and precise role.
  4. Financial Capacity: Must provide audited financial statements for the latest three (03) completed financial years and demonstrate adequate financial standing to lead a project of this nature.
  5. Integrity & Eligibility: Must demonstrate institutional and management capacity to lead the Project and appoint, coordinate, and manage the REIT Management Company (RMC), architects, engineers, contractors, legal and financial advisers, financiers, and other parties.

5. Consortium Membership Rules & Mandatory Dossier Items

Consortium Guidelines:

  • • The EOI must include a signed consortium Memorandum of Understanding (MOU) or Letter of Intent (LOI) identifying all members and respective roles.
  • • No material change in consortium membership or roles shall be made after submission of EOI without PSX's prior written approval.
  • • Multiple Participation Restriction: A consortium member shall not participate in more than one interested party consortium without PSX's prior written approval.

Required Submission Items:

  • 1. Legal name, incorporation details, ownership, registered address, business activities, and authorised representative(s).
  • 2. Details of other comparable projects already completed (name, location, type, scale, value, commencement/completion dates, status, role, and verifiable reference).
  • 3. Brief profiles of the key personnel proposed to lead development, financing, and construction.
  • 4. Audited financial statements for the latest three (03) completed financial years.
  • 5. Details of confirmed or prospective architectural firm, legal adviser, financial adviser, contractor, RMC, or other specialists.
  • 6. Disclosure of any material litigation initiated by or against the interested party in any court of law together with copies of pleadings.
  • 7. Declaration on Non-Judicial Stamp Paper worth Rs. 200/- by authorised signatory, duly attested by Oath Commissioner.

6. Step-by-Step Submission Procedure

  1. Prepare Physical & Digital Dossier: Collate all 7 mandatory submission items, audited statements, and the Rs. 200/- stamp paper declaration.
  2. Envelope Inscription: Seal one complete original copy in an envelope clearly marked: "EOI — PSX Towers REIT".
  3. Email Submission: Send a searchable PDF copy by email to info@psx.com.pk with the exact email subject line matching the envelope marking.
  4. Delivery Address: Deliver physical envelope to: The Chief Financial Officer, Pakistan Stock Exchange Limited, Stock Exchange Building, Stock Exchange Road, Karachi – 74000.
  5. Deadline: Submissions must reach on or before December 14, 2026 by 05:30 PM (PST).

7. Official Contact Details

The Chief Financial Officer

Pakistan Stock Exchange Limited (PSX)

📍 Address: Stock Exchange Building, Stock Exchange Road, Karachi – 74000, Pakistan.

✉️ Email & Enquiries: info@psx.com.pk | 🌐 Official Website: www.psx.com.pk

8. Original PSX EOI Advertisement Clipping (Ref: PSX/REIT/EOI/01/2026)

Review the full newspaper advertisement clipping below for exact prequalification terms, legal parameters, and criteria:

Official Newspaper Clipping: Pakistan Stock Exchange Limited – Ref: PSX/REIT/EOI/01/2026

Pakistan Stock Exchange Limited PSX Tender EOI 2026 Redevelopment of Real Estate Assets REIT Scheme Karachi Ref PSX REIT EOI 01 2026
Official EOI notice of Pakistan Stock Exchange Limited (PSX) for prequalification of consortia to redevelop 9,408 sq. yards real estate asset in Karachi through a REIT scheme


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PSX Tender Notice 2026 – EOI for Real Estate Redevelopment Through REIT Scheme (9,408 Sq. Yards Karachi) PSX Tender Notice 2026 – EOI for Real Estate Redevelopment Through REIT Scheme (9,408 Sq. Yards Karachi) Reviewed by Pak Jobs Bank on November 12, 2026 Rating: 5

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