JS Investments, Gohar Group introduce hybrid hotel REIT in Pakistan

May 21, 2025 (MLN): JS Investments Limited (JSIL), Pakistan’s oldest private sector Asset Management and REIT Management Company licensed by the Securities and Exchange Commission of Pakistan (SECP), has partnered with Gohar Group of Companies, a leading real estate group.

Together, they have officially launched JS Hotel REIT (JSHR), Pakistan’s first Shariah-compliant hybrid hotel REIT featuring a multinational, globally renowned hotel brand in Hyderabad, Sindh.

The fund is now open for investments from both local and international accredited investors, who can reach out to JS Investments to explore participation.

Following SECP’s regulatory approvals, JS Hotel REIT has reached a significant milestone with the signing of a strategic investment agreement, according to the press release issued today.

The Gohar Group of Companies, through its owners and partners, has joined as a founding strategic investor with an anchor commitment comprising both land and equity contributions.

Anchored by a 139-key premium hotel operated under a franchise model with a global hospitality brand, the REIT brings institutional-grade real estate investment to Pakistan’s emerging hospitality sector.

The project is designed with environmentally responsible construction practices, supporting the growing demand for sustainable infrastructure in urban centers.

Ms. Iffat Zehra Mankani, CEO of JS Investments Limited, stated that as the manager of Pakistan’s first hotel REIT, the company is pleased to offer investors a professionally managed and regulated investment vehicle backed by international hospitality standards.

She added that this initiative aligns with their vision of contributing to Pakistan’s economic and infrastructure development.

Hyderabad’s growing commercial activity and tourism have outpaced the city’s existing hospitality infrastructure, and the under-construction international hotel brand is set to bridge this gap with world-class services for both business and leisure travelers.

Muhammad Hanif Gohar, Chairman of Gohar Developers, added that they are proud to collaborate with JS Investments on this pioneering project and aim to deliver a landmark destination that supports Hyderabad’s growth and positions it as a hub for business and tourism.

This announcement relates to the launch of JS Hotel REIT through private placement; units are not being offered to the general public at this stage.

The Information Memorandum is available only to accredited investors, in accordance with SECP regulations, and prospective investors are advised to review offering documents and consult their professional advisors before making investment decisions.

Copyright Mettis Link News