ISE Tower
| ISE Tower | |
|---|---|
 | |
 | |
| General information | |
| Type | Office |
| Location | Islamabad-44000, Pakistan |
| Coordinates | 33°42′43″N 73°03′28″E / 33.7119°N 73.0578°E |
| Completed | 2009 |
| Height | |
| Roof | 76 m (249 ft) |
| Technical details | |
| Floor count | 19 |
| Website | |
| isereit | |
The ISE Tower is a high-rise building located at 55, Jinnah Avenue of the Blue Area business district of Islamabad.[1] 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.[2]
History[edit]
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.[3] It was inaugurated in 2009 by then-Prime Minister of Pakistan, Yusuf Raza Gilani.[4]
Building[edit]
The building features three basements, each spanning 50,000 square feet, designated for employee parking.[3] Despite the expectation of hundreds of daily visitors upon full occupancy, the planners did not allocate sufficient space for visitor parking.[3] The main features of the 22-storey building include a bronze bull statue and the largest electronic screen in Pakistan, measuring 15 feet high and 10 feet wide.[3]
Unlike other stock markets, the ISE Tower does not include a trading hall, as stock market trading is no longer centralized.[3] To meet the high demand for telephone lines and internet connections, the PTCL has established a hub of 5,000 lines.[3] The entire building is connected via optic fiber, with no copper wire internet connections, resulting in an additional cost of Rs 250 million.[3] The state-of-the-art firefighting system installed in the building cost up to Rs300 million.[3]
Companies headquarters[edit]
- Air China Pakistan office
- British Airways Pakistan office at 11th Floor
- Etihad Airlines Pakistan office
- OMV Pakistan office at 17th Floor[5]
- ICBC Pakistan office
- NEC Worldwide (Pakistan) (Nippon Electric Company of Japan) (ground floor)[6]
- Airblue (12th floor)[7]
- MOL Pakistan (17th though 19th floor)[8]
See also[edit]
References[edit]
- ^ "The Islamabad Stock Exchange Towers, one of the highrises, inaugurated as Tobacco-Smoke Free Facility – TCC".
- ^ https://www.pakistantoday.com.pk/2016/02/17/post-merger-ise-becomes-ise-towers-reit-company/
- ^ a b c d e f g h "Bull in a bear market". DAWN.COM. 30 July 2009.
- ^ Reporter, A. (1 August 2009). "Delay in India talks to help terrorists: PM". DAWN.COM.
- ^ "Official Website of Pakistan Petroleum Exploration and Production". www.ppepca.com.
- ^ NEC Worldwide (Pakistan) company located at Islamabad Stock Exchange Towers Retrieved 4 January 2018
- ^ 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
- ^ "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