Day End Prices will be available on InvestorsLounge.com !


Dolmen City REIT (DCR): Transition towards a new rental model – By JS Research

  • By: JS Global Capital Limited

  • - Published: Monday, 30 December 2024
dcr.jpg
<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Dolmen City REIT (DCR) is the largest REIT in Pakistan. One of its prominent projects Dolmen City mall had an average monthly footfall of 723k during FY24 compared to 708k visitors last year. The management in a recently held analyst briefing shared that the Dolmen Mall and the Harbor front had occupancy levels of 97.6% and 97.2%, respectively.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Management revealed that they have transitioned to a new rental model, wherein tenants pay a base rent, with the remaining amount calculated as a percentage of the tenant's revenue. They further highlighted that over 50% of tenants have already been moved to the new model.</span></li></ul><ul><li><span style="...

Similar Reports