JS Investments Limited, Pakistan’s oldest private sector Asset Management and REIT Management Company licensed by the Securities and Exchange Commission of Pakistan (SECP), has partnered with leading real estate Gohar Group of Companies to launch in Hyderabad JS Hotel REIT, the country’s first Shariah-compliant hybrid hotel REIT.
In a statement, JS said the fund is now open for investments from both local and international accredited investors, adding interested individuals and institutions can contact it to explore participation.
JS said the signing of the strategic investment agreement followed SECP’s regulatory approvals. It said the Gohar Group, through its owners and partners, had joined the project as a founding strategic investor with an anchor commitment comprising both land and equity contributions.
The JS Hotel REIT is anchored by a 139-key premium hotel operated under a franchise model with a global hospitality brand, bringing institutional-grade real estate investment to Pakistan’s emerging hospitality sector. Designed with a forward-looking approach, the project incorporates environmentally responsible construction practices, supporting the growing demand for sustainable infrastructure in Pakistan’s urban centers.
JS has noted that Hyderabad’s growing commercial activity and tourism has outpaced its existing hospitality infrastructure. A premium international hotel brand, now under construction, is set to bridge this gap with world-class services for both business and leisure travelers.
“As the manager of Pakistan’s first hotel REIT, we are pleased to offer investors a professionally managed and regulated investment vehicle backed by international hospitality standards,” said JS Investments Limited CEO Iffat Zehra Mankani. “This partnership supports our broader vision of creating new asset classes that contribute to Pakistan’s economic and infrastructure development,” she added.
“We are proud to collaborate with JS Investments on this pioneering project,” said Gohar Developments Chairman Muhammad Hanif Gohar. “By introducing a multinational brand to Hyderabad, we aim to deliver a landmark destination that supports the city’s growth and positions it as a hub for business and tourism,” he added.