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), marking a historic milestone as Pakistan’s first Shariah-compliant hybrid hotel REIT. This innovative real estate investment trust features a globally renowned multinational hotel brand in Hyderabad, Sindh, and offers both local and international accredited investors an opportunity to participate in this pioneering venture.
The launch of JS Hotel REIT follows regulatory approvals from SECP and is highlighted by the signing of a strategic investment agreement with the Gohar Group of Companies. The Gohar Group has joined as a founding strategic investor, committing substantial resources through both land and equity contributions. This collaboration brings together two industry leaders with a shared vision to tap into Pakistan’s emerging hospitality sector while promoting sustainable development.
JS Hotel REIT is anchored by a premium 139-key hotel, which will operate under a franchise model with an internationally recognized hospitality brand. This institutional-grade real estate investment not only addresses the growing demand for quality hotel infrastructure in Pakistan but also integrates environmentally responsible construction practices, aligning with global trends towards sustainable infrastructure. This focus on green development marks a forward-looking approach, ensuring that the project contributes positively to Pakistan’s urban and environmental goals.
Speaking on the launch, Ms. Iffat Zehra Mankani, CEO of JS Investments Limited, emphasized the significance of this new asset class for the country’s economic growth and infrastructure development. She stated that as the manager of Pakistan’s first hotel REIT, JS Investments is proud to provide investors with a professionally managed and regulated investment vehicle that is backed by international hospitality standards. This initiative aligns with the company’s broader vision to introduce innovative financial products that support the nation’s expanding real estate and tourism sectors.
The choice of Hyderabad as the project location is strategic, reflecting the city’s rapidly growing commercial activities and increasing tourism influx, which have outpaced its existing hospitality infrastructure. The upcoming international hotel, currently under construction, aims to fill this gap by offering world-class services that cater to both business and leisure travelers, thus positioning Hyderabad as a key destination for domestic and international visitors.
Muhammad Hanif Gohar, Chairman of Gohar Developers, expressed pride in the collaboration with JS Investments on this landmark project. He noted that introducing a multinational hotel brand to Hyderabad will not only elevate the city’s hospitality offerings but also support its ambitions as a business and tourism hub. This project is expected to stimulate further economic activity and provide a boost to the local real estate market.
By combining the expertise of JS Investments in asset and REIT management with Gohar Developers’ strong foothold in real estate, JS Hotel REIT offers investors a unique opportunity to participate in a Shariah-compliant, sustainable, and internationally backed hospitality project. The REIT is now open for investments, inviting both individual and institutional investors to explore participation in this innovative offering.
The launch of JS Hotel REIT signals a new chapter for Pakistan’s financial and real estate sectors, introducing more diverse investment avenues and supporting the country’s broader goals of economic growth, sustainable development, and enhanced tourism infrastructure. As the first Shariah-compliant green hotel REIT in Pakistan, it sets a precedent for future projects that combine financial innovation with environmental responsibility.
