KARACHI: The Securities and Exchange Commission of Pakistan has approved the Offer for Sale of units of JS Rental REIT (JSRR), opening a new avenue for investors to access income-generating real estate through the capital market, said a statement on Friday.
The offering will allow people to invest in a rental Real Estate Investment Trust (REIT), providing exposure to property-backed returns via the Pakistan Stock Exchange.
According to the regulator, the development marks the ninth listing on the PSX Main Board during the current fiscal year 2025-26. JSRR will be the third REIT listed this year, taking the total number of listed REITs to six.
The Offer for Sale comprises 25 per cent of total units, with 53.6 million units being offered through a fixed price mechanism. The REIT will be managed by JS Investments Limited.The SECP noted that the growing pipeline of listings reflects rising investor confidence and expanding opportunities for participation in capital markets.
