JS Investments, Gohar Group launch Pakistan’s first shariah-compliant Hotel REIT

JS Investments Limited (JSIL) has partnered with Gohar Group of Companies to officially launch JS Hotel REIT (JSHR), the country’s first Shariah-compliant hybrid hotel REIT featuring a multinational hospitality brand in Hyderabad, Sindh.

The fund is now open to local and international accredited investors, offering institutional-grade real estate investment in Pakistan’s emerging hospitality sector. JSIL announced the milestone following regulatory approvals from the Securities and Exchange Commission of Pakistan (SECP).

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

The project is centered around a 139-room premium hotel operated under a franchise model with a global hospitality brand, designed with environmentally responsible construction practices to support sustainable infrastructure development.

“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 Iffat Zehra Mankani, CEO of JS Investments Limited.

“This partnership supports our broader vision of creating new asset classes that contribute to Pakistan’s economic and infrastructure development.”

Hyderabad’s commercial activity and tourism have outpaced the city’s current hospitality infrastructure. The upcoming premium hotel aims to bridge this gap with world-class services tailored to both business and leisure travelers.

“We are proud to collaborate with JS Investments on this pioneering project,” said Muhammad Hanif Gohar, Chairman of Gohar Developers.

“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.”
The launch of JS Hotel REIT marks a significant development in Pakistan’s investment landscape, providing investors with new opportunities in the country’s evolving real estate and hospitality sectors.