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Barwa Group

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Barwa
Company typepublic (DOH:BRES)
Industryreal estate
Founded2005
Headquarters,
Servicesfinancial services
Total assetsQAR 66 billion (Dec 2011)[1]
ParentQatar Investment Authority (45%)
Websitewww.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

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. ^ a b 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.