Barwa Group

Barwa
public (DOH:BRES)
Industry real estate
Founded 2005
Headquarters Doha, Qatar
Services financial services
Total assets QAR 66 billion (Dec 2011)[1]
Parent Qatar Investment Authority (45%)
Website www.barwa.com.qa

Barwa Group (DOH:BRES) is a real estate company based in Doha, Qatar. Established in 2005, it is listed on the Qatar Exchange, with 45% of shares held by the Qatar Investment Authority, via its Qatari Diar subsidiary.[1] It is primarily active in real estate development and related financial services. It is Qatar's largest real estate group.[2]

Barwa has been a sponsor of the Spanish motorsport Addax Team.

Projects

Mesaieed

In 2012, Barwa Group launched a construction project in the southern zone of Mesaieed to establish a large tourist resort over an area of 829 square metres (8,920 sq ft).[3]

Mesaimeer

In February 2009, a development project was launched in Mesaimeer, a district of Al Rayyan by Barwa Group.[4][5] Entailed in the project are 1,000-capacity residential housing units, a supermarket, a nursery, and a mosque; all within a gated compound.[6]

Barwa Al Baraha

Main article: Barwa Al Baraha

Barwa Group launched a project to construct Barwa Al Baraha, a city designed for laborers, in the Al Wakrah (municipality) at a budget of around $1.1 billion.[7] The project was completed in 2010.[8]

References

  1. 1 2 Barwa Group, Our Beginning
  2. arabianbusiness.com, 2 June 2013, Qatar's Barwa eyes expansion in US, UK, Turkey
  3. "Barwa to build sea tourist resort in Mesaieed Industrial City". The Peninsula Qatar. 22 March 2012. Retrieved 16 August 2015.
  4. "Masaken Mesaimeer & Masaken Al Sailiya". Barwa Group. Retrieved 20 August 2015.
  5. "Residents of Barwa Masaken are all praise". Gulf Base. 25 December 2010. Retrieved 20 August 2015.
  6. "Masaken Mesaimeer". Waseef. Retrieved 20 August 2015.
  7. "Qatar to build $1.1bn labourer city". Arabian Business. 2 March 2008. Retrieved 16 August 2015.
  8. "Barwa Village". Barwa. Retrieved 6 August 2015.

External links

This article is issued from Wikipedia - version of the Friday, December 04, 2015. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.