Navigating Real Estate Investment

Introduction

At the recent Proptech & SmarTech Convention '23, Mr. Ejaz Muhammad , CEO of Arif Habib Dolmen REIT Management Limited , a Titanium Sponsor of the event, shared valuable insights into the world of Real Estate Investment Trusts (REITs). With over 15 years of experience in the field, his expertise sheds light on the critical components necessary for a successful venture in this sector.

Regulatory Framework and Access to Finance

Mr. Ejaz began by highlighting the first two pillars crucial for success in real estate investment, especially in the realm of REITs. He compared a robust regulatory framework to a vehicle's reliable braking system, essential for driving fast but safely. This framework, he explained, is vital for maintaining economic stability and fostering growth. The second pillar, access to finance, plays a pivotal role in urban development. He used Karachi's financial dynamics as an example to illustrate how essential financial accessibility is for a city's growth and development.

Competent and Ethical Management

The third pillar outlined by Mr. Ejaz is the need for competent and ethical management. This aspect is key to ensuring the integrity and efficiency of operations within the real estate sector. He emphasized that having a strong management team is not just about skill but also about adhering to ethical practices. This combination ensures that operations are not only effective but also align with the highest standards of integrity, which is critical for long-term success in the real estate market.

Faith and Transparency in Business

The fourth and final element, as emphasized by Mr. Ejaz, is faith. He described belief in a higher power as an intangible yet vital component of business success. This faith, coupled with a strong emphasis on clear documentation and transparency in financial dealings, forms the backbone of trustworthy business practices. Such an approach not only adheres to the fundamental principles of their faith but also ensures accountability and continuity in business operations, crucial for lasting success in the competitive world of real estate investment.

Conclusion

This speech provided attendees with a clear understanding of what it takes to succeed in Real Estate Investment Trusts. His expertise and guidance are invaluable resources for anyone looking to make informed decisions in this lucrative yet challenging investment arena.

To explore more about REITs and gain further insights from Mr. Muhammad Ejaz, CEO of Arif Habib Dolmen REIT, watch the full speech here.