ISE Tower

ISE Tower
General information
TypeOffice
LocationIslamabad-44000, Pakistan
Coordinates33°42′43″N 73°03′28″E / 33.7119°N 73.0578°E / 33.7119; 73.0578
Completed
2009
Height
Roof76 m (249 ft)
Technical details
Floor count19
Website
isereit.com.pk

The ISE Tower is a high-rise building located at 55, Jinnah Avenue of the Blue Area business district of Islamabad. The building was originally designed to serve as a stock exchange building. However, following the merger of the Islamabad Stock Exchange in 2016, the tower has been repurposed as an office building.

History

Constructed at a cost of Rs 2.5 billion, the ISE management independently generated the necessary capital for the project, which was completed in under four years. It was inaugurated in 2009 by then-Prime Minister of Pakistan, Yusuf Raza Gilani.

Building

The building features three basements, each spanning 4,650 m2 (50,000 sq ft), designated for employee parking. Despite the expectation of hundreds of daily visitors upon full occupancy, the planners did not allocate sufficient space for visitor parking. The main features of the 22-storey building include a bronze bull statue and the largest electronic screen in Pakistan, measuring 4.6 m (15 ft) high and 3.0 m (10 ft) wide.

Unlike other stock markets, the ISE Tower does not include a trading hall, as stock market trading is no longer centralized. To meet the high demand for telephone lines and internet connections, the PTCL has established a hub of 5,000 lines. The entire building is connected via optic fiber, with no copper wire internet connections, resulting in an additional cost of Rs 250 million. The state-of-the-art firefighting system installed in the building cost up to Rs300 million.

Companies headquarters

See also

References

  1. ↑ "The Islamabad Stock Exchange Towers, one of the highrises, inaugurated as Tobacco-Smoke Free Facility – TCC".
  2. ↑ https://www.pakistantoday.com.pk/2016/02/17/post-merger-ise-becomes-ise-towers-reit-company/
  3. 1 2 3 4 5 6 7 8 "Bull in a bear market". DAWN.COM. 30 July 2009.
  4. ↑ Reporter, A. (1 August 2009). "Delay in India talks to help terrorists: PM". DAWN.COM.
  5. ↑ "Official Website of Pakistan Petroleum Exploration and Production". www.ppepca.com.
  6. ↑ NEC Worldwide (Pakistan) company located at Islamabad Stock Exchange Towers Archived 5 March 2021 at the Wayback Machine Retrieved 4 January 2018
  7. ↑ Airblue Airlines located at Islamabad Stock Exchange Towers "Airblue Limited (Corporate Headquarters) 12th Floor, ISE Towers 55-B Jinnah Avenue Islamabad 111-247-258." Retrieved 4 January 2018
  8. ↑ "Pakistan Petroleum Exploration & Production Companies Association "OMV (Pakistan) Exploration GmbH, Islamabad Stock Exchange Towers, 55-B, Jinnah Avenue, Blue Area, Islamabad.", Retrieved 4 January 2018