Pakistan brokerage firm FNEL sets up new real estate subsidiary

First National Equities Limited (FNEL) has launched a new subsidiary, FNE Developments (Private) Limited, marking the company’s official entry into Pakistan’s growing real estate and infrastructure sectors.

FNEL, an online stock trading and brokerage firm, was established in 1995 and listed on the Pakistan Stock Exchange Limited in 2004, according to information available on the company’s website.

The newly formed subsidiary aims to lead major development projects in partnership with both public and private sector stakeholders. As demand for housing and modern infrastructure continues to rise across the country, FNEL’s expansion is being seen as a timely and strategic move.

“FNE Developments will focus on large-scale projects that can support urban growth and improve public infrastructure,” the company said in a statement.

Industry experts have welcomed the move, calling it a positive step for the sector. Real estate remains one of the largest contributors to Pakistan’s economy, and FNEL’s entry is expected to bring fresh capital and professional expertise to the table.

“This is a strong signal of confidence in the country’s development potential,” said a senior real estate analyst. “FNEL’s involvement could help fast-track progress in key urban areas.”

The company plans to share more details as its projects progress, with future initiatives expected in residential, commercial, and infrastructure development.

With this launch, FNEL aims to diversify its portfolio and play a more active role in national growth—making FNE Developments a new player to watch in Pakistan’s real estate and infrastructure space.