Company type | Public |
---|---|
Traded as | QE: BRES |
Industry | real estate |
Founded | 2005 |
Headquarters | Doha, Qatar |
Services | financial services |
Total assets | QAR 66 billion (Dec 2011) |
Parent | Qatar Investment Authority (45%) |
Website | www.barwa.com.qa |
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 its shares held by the Qatar Investment Authority, via its Qatari Diar subsidiary. It is primarily active in real estate development and related financial services. It is Qatar's largest real estate group. It is chaired by Salah bin Ghanim Al Ali.
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).
Mesaimeer
In February 2009, a development project was launched in Mesaimeer, a district of Al Rayyan by Barwa Group. Entailed in the project are 1,000-capacity residential housing units, a supermarket, a nursery, and a mosque; all within a gated compound.
Barwa Al Baraha
Main article: Barwa Al BarahaBarwa 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. The project was completed in 2010.
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.
Other
Barwa has been a sponsor of the Spanish motorsport Addax Team.
References
- ^ Barwa Group, Our Beginning Archived August 28, 2013, at the Wayback Machine
- arabianbusiness.com, 2 June 2013, Qatar's Barwa eyes expansion in US, UK, Turkey
- "Barwa - Exchange Profile". Qatar Stock Exchange.
- "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.
- "Masaken Mesaimeer & Masaken Al Sailiya". Barwa Group. Archived from the original on 2016-05-05. Retrieved 20 August 2015.
- "Residents of Barwa Masaken are all praise". Gulf Base. 25 December 2010. Retrieved 20 August 2015.
- "Masaken Mesaimeer". Waseef. Archived from the original on 2 December 2020. Retrieved 20 August 2015.
- "Qatar to build $1.1bn labourer city". Arabian Business. 2 March 2008. Retrieved 16 August 2015.
- "Barwa Village". Barwa. Archived from the original on 19 October 2015. Retrieved 6 August 2015.
- "Phase 1 of Madinat Al Mawater project ready". Qatar-Tribune. Retrieved 2019-10-23.
- "Abu Dhabi: Barwa Addax team say farewell to GP2 after great work from all team". www.motorsport.com. Retrieved 2022-05-18.