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Reportage Properties expands into Pakistan with a $300 million joint venture

The newly formed Reportage Empire Pakistan plans to develop high-standard residential projects across key Pakistani cities, attracting foreign direct investment and contributing to the nation’s real estate sector

Reportage Properties expands into Pakistan with a $300 million joint venture

Reportage Properties, a top real estate developer in the UAE, has signed an agreement with Empire Holding Pakistan to launch a joint venture in the Pakistani real estate market. The new company, named Reportage Empire Pakistan, will focus on exploring potential real estate projects in Pakistan and developing marketing plans and long-term strategies for expansion. This partnership aims to enhance cooperation between the two companies and capitalise on the booming real estate market in Pakistan.

Asad Kayani, the CEO of Empire Holding Pakistan, disclosed that the company has committed an initial investment of $300 million for the next five years. Their first project will be located in Lahore, featuring international engineering standards and amenities that mirror the high quality found in the UAE. Future expansion plans include projects in Islamabad, as well as other key Pakistani cities.

Reportage Empire Pakistan is focused on developing the real estate sector in Pakistan through turnkey projects. The company plans to launch projects in major cities, attract foreign investments, and create job opportunities. Pakistani buyers will have the chance to invest in properties in Pakistan and the UAE, offering international standards and a high-quality living experience.

“We are happy to cooperate with Empire Holding Pakistan, which is one of the most important real estate companies with a large portfolio of projects spreading throughout Pakistan,” said Andrea Nucera, Managing Director of Reportage Properties.

He stressed Reportage Properties’ interest in boosting strategic partnerships with serious and distinguished companies operating in the sector, to continue their success story and sustainable growth.

“We welcome cooperation with Reportage Properties, which is one of the most important major real estate companies in the region with a large portfolio that includes 35 projects in the UAE, Egypt, Turkey, Morocco, Saudi Arabia and East Africa,” concluded Faisal Iftikhar, Mangan Director of Empire Holding Pakistan.