Daily Times

IMARAT Group, a leading real estate developer and innovator in Pakistan, announced the launch of IMARAT REIT, the country’s largest Sharia-compliant Real Estate Investment Trust. This groundbreaking initiative signifies a new era for real estate investment in Pakistan, offering a secure and transparent pathway for both local and international investors.

IMARAT REIT is guided by an esteemed board of directors, who came together to uphold the highest standards of governance, transparency, and sustainable growth. Under the chairmanship of Shafiq Akbar, a visionary leader with over 20 years of industry experience, the board leverages the expertise of Independant Board Members including-Rahat Kaunain Hussain, an acclaimed legal expert and former Chairperson of Pakistan’s Competition Commission, and Dr. S. Qaiser Anis, the Vice Chairman and Founding President of Pakistan Business Professional Council- Abu Dhabi, UAE.

Their combined expertise in global financial strategy, regulatory compliance, and legal affairs significantly enhances the IMARAT REIT Board’s ability to deliver highest standards of corporate governance, ethical conduct, and long-term value creation.

The Executive Board Members of IMARAT REIT bring a wealth of proficiency- Saad Khalid Awan, Chief Commercial Officer at IMARAT Group, who is an expert of strategic systems implementation and corporate performance management and Mrs. Mehwish Shafiq a pertinent personality in the establishment of Graana.com and expanding IMARAT’s real estate presence.

Additionally, the board consists of two Non-Executive Board Members -Farooq Kamran, who brings a robust background in banking and finance, focusing on treasury management and financial forecasting and finally, Lt. Gen. Muhammad Haroon Aslam who brings invaluable operational discipline and strategic acumen from his distinguished military career, reinforcing the board’s commitment to fostering long-term success and optimizing operational efficiency.

Together, this esteemed leadership team is positioning IMARAT REIT to attract domestic and international investors through a portfolio of high-quality commercial, residential, and mixed-use projects. With a firm commitment to international governance standards, IMARAT REIT aims to maximize asset value, deliver consistent returns, and lead the charge in fostering long-term, sustainable growth within Pakistan’s dynamic real estate sector.

IMARAT Group stands as the only company in Pakistan with an integrated expertise across real estate construction, development, project delivery, and capital markets, giving it a unique advantage in launching IMARAT REIT. This groundbreaking initiative is designed to transform the investment environment by leveraging IMARAT’s proven success in these critical sectors.

Founded with the ambition of revolutionizing Pakistan’s real estate industry, IMARAT Group has consistently driven innovation through its ventures. Their advancements have set new standards for transparency, quality, and customer-centric service, reinforcing IMARAT’s leadership in the sector.

With IMARAT REIT, the Group is expanding access to high-quality investment opportunities, making property investment more efficient, transparent, and accessible. IMARAT remains fully committed to modernizing the real estate sector and driving sustained, impactful growth in Pakistan’s rapidly evolving market.