JS Rental REIT set for PSX listing
MG News | April 17, 2026 at 12:48 PM GMT+05:00
April 17, 2026 (MLN): JS Rental REIT has
received approval for its public offering from the Securities and Exchange
Commission of Pakistan (SECP), allowing investors to participate in rental real
estate and earn returns through unit investments.
The Pakistan Stock Exchange (PSX) continues to witness a
steady flow of new listings, reflecting growing interest among investors,
particularly in the real estate investment trust (REIT) sector, as more
investment avenues open in the market, according to a press release issued.
JS Rental REIT is the ninth listing on the PSX in the
current fiscal year and the third REIT listed during the same period. With this
addition, the total number of REIT schemes on the exchange will increase to
six.
The offering will be conducted under a fixed-price
mechanism, with 53.6 million units available for subscription, 25% of total units.
The SECP further noted that the REIT is being managed by
JS Investments Limited.
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