Barwa Group

Barwa Group (QE: 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
TypePublic
QE: BRES
Industryreal estate
Founded2005
Headquarters,
Servicesfinancial services
Total assetsQAR 66 billion (Dec 2011)[1]
ParentQatar Investment Authority (45%)
Websitewww.barwa.com.qa

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]

Madinat Al Mawater

The Madinat Al Mawater project is located close to Rawdat Rashid area and Salwa Road. The project holds built-up area of around 167,072 square meters, which includes apartments, used-car lots, shops and workshops. The completion of phase one of the project was announced in March 2017.[9]

References

  1. Barwa Group, Our Beginning Archived August 28, 2013, at the Wayback Machine
  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. Archived from the original on 4 September 2015. Retrieved 16 August 2015.
  4. "Masaken Mesaimeer & Masaken Al Sailiya". Barwa Group. Archived from the original on 2016-05-05. 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. Archived from the original on 19 October 2015. Retrieved 6 August 2015.
  9. "Phase 1 of Madinat Al Mawater project ready". Qatar-Tribune. Retrieved 2019-10-23.
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