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 to launch JS Hotel REIT (JSHR)—the country’s first Shariah-compliant hybrid hotel REIT. The project will feature a premium, internationally recognized hotel brand in Hyderabad, Sindh.
JS Hotel REIT is now open for investment to local and international accredited investors. With SECP’s regulatory approvals in place, the REIT marks a key milestone with the signing of a strategic investment agreement. Gohar Group, through its ownership and partnerships, joins as a founding investor with anchor contributions in both land and equity.
The REIT will be anchored by a 139-key premium hotel operated under a franchise agreement with a global hospitality brand. The development embraces sustainable construction practices, aligned with the growing demand for eco-friendly infrastructure in urban Pakistan.
Ms. Iffat Zehra Mankani, CEO of JSIL, said, “We are pleased to offer investors access to Pakistan’s first hotel REIT—a regulated investment vehicle that reflects international hospitality standards. This initiative aligns with our mission to expand asset classes that contribute to national economic and infrastructure growth.”
Hyderabad’s tourism and commercial sectors have outpaced its hospitality capacity. This project addresses that gap, offering world-class services for business and leisure travelers alike.
Muhammad Hanif Gohar, Chairman of Gohar Developers, added, “This collaboration introduces a landmark destination that positions Hyderabad as a vibrant business and tourism hub.”
