Pace Pakistan ( ur, , ''Pace Khareedari Markaz'') is a Pakistani shopping malls operator based in Lahore, Punjab, Pakistan.

History

Pace Pakistan was founded in 1992 by

Salman Taseer Salman Taseer ( Punjabi and ur, ); ( 4 January 2011) was a Pakistani businessman and politician, who served as the 26th Governor of Punjab from 2008 until his assassination in 2011. A member of the Pakistan Peoples Party since the 1980s, h ...

as part of First Capital Group. In 1995, Pace opened their first shopping mall in Gulberg, Lahore. In 2005, Pace expanded their operations and Pace Model Town Link Road was inaugurated. Two years later, another shopping mall was opened on M.M. Alam Road, Lahore. Pace Woodlands Pvt. Limited, Pace Supermall Pvt. Limited and Pace shopping malls (Lahore, Gujranwala and Gujrat) are Pace's subsidiaries and associated companies. Pace Woodlands Housing Scheme, Bedian Road, Lahore, Pace Circle, Peacock Valley Hotel and Resort and Pace Tower, T-27 are also projects of pace Pakistan. Pace Woodlands is a private limited company and a subsidiary of Pace with 52% shareholding. The rest shares are held by Pace Barka properties limited, one of the associated companies. Pace Supermall is another private limited company, and a subsidiary of Pace with its 69% shareholding. Pace Supermall involved in acquiring by purchase or otherwise land and plots and to sell or construct.

References

Retailing in Lahore Shopping malls in Pakistan 1992 establishments in Pakistan Companies listed on the Pakistan Stock Exchange {{Pakistan-struct-stub