The Securities and Exchange Commission of Pakistan (SECP) has approved the Offer for Sale of units of JS Rental REIT (JSRR), opening a new channel for investors to access income-generating real estate through the capital market.

The development allows the general public to invest in a rental Real Estate Investment Trust (REIT), offering returns backed by property-based assets via the Pakistan Stock Exchange (PSX).

With this addition, JSRR becomes the ninth listing on the Main Board of PSX in FY2025–26, reflecting continued activity in the primary market. It also stands as the third REIT listing of the year, bringing the total number of listed REITs to six.

Under the approved structure, 25% of the total units—amounting to 53.6 million units—will be offered to investors through a fixed-price mechanism. The REIT is being managed by JS Investments Limited.

Market observers note that the growing pipeline of listings indicates improving investor participation and widening investment avenues within Pakistan’s capital markets.