IHIG Pakistan expands its portfolio to build shopping malls

International Hospitality Investment Group (IHIG) Pakistan, a subsidiary of IHIG UK, announces expansion of its portfolio to build shopping malls, with the fractional ownership system. The first project under its real estate division is launched in the heart of Karachi as a part of IHIG’s investment expansion plans in Pakistan.

Explaining the concept, Mr. Alun Richards, Chairman IHIG Pakistan, said: “The Fractional Ownership system, though new in Pakistan is in business all over the globe successfully, particularly in the destination countries. It is a form of collaborative consumption where the overall cost of a property is spilt among a group of owners or users.”

As part of its commitment to invest US$ 118 million in Pakistan, IHIG Pakistan has made significant investments across Pakistan and offers business investment opportunities to Pakistani investors in business division; shopping malls, real estate, destination hotels, resort exchange program, and tourism sectors. However IHIG believes this investment amount can be increased up to $150 Million.

Mr. Noor ul Asif, CEO IHIG Pakistan, said: “Pakistan is a country full of business potential and opportunities, and we, at IHIG Pakistan, are here with the vision to provide our people to explore them, with maximum returns and minimum risk involved.

Leave a Comment

Recent Posts

  • Lifestyle

Iconic Sindhi actor Gulab Chandio remembered

Iconic Sindhi and Urdu TV drama actor Gulab Chandio was remembered on his second death…

13 mins ago
  • Uncategorized

Pakistani man can sing in Lata’s voice

Waseem, popularly known as Waseem Lata in Hyderabad, has been blessed with the legendary Indian…

14 mins ago
  • Lifestyle

Saboor complains about ‘gora’ culture in showbiz industry

Actress Saboor Aly said that white colour still mattered a lot in showbiz industry. Saboor…

14 mins ago
  • Lifestyle

Esra’s latest post hints at her visiting Pakistan

It seems like Esra Bilgic has decided to follow in the footsteps of her Dirilis:…

16 mins ago
  • Lifestyle

How Taylor Swift helped Gigi during her pregnancy

Fashion icon Gigi Hadid looked back at her pregnancy journey and shared some rare insights…

17 mins ago
  • Lifestyle

Ibn Arabi of ‘Ertugrul’ leaves fans awestruck with his sword spinning skills

Turkish actor Osman Soykut, who portrays the role of Ibn Arabi in historical drama series…

17 mins ago