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.[1] It is primarily active in real estate development and related financial services. It is Qatar's largest real estate group.[2] It is chaired by Salah bin Ghanim Al Ali.[3]
| Company type | Public |
|---|---|
| QE: BRES | |
| Industry | real estate |
| Founded | 2005 |
| Headquarters | , |
| Services | financial services |
| Total assets | QAR 66 billion (Dec 2011)[1] |
| Parent | Qatar Investment Authority (45%) |
| Website | www.barwa.com.qa |
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).[4]
Mesaimeer
In February 2009, a development project was launched in Mesaimeer, a district of Al Rayyan by Barwa Group.[5][6] Entailed in the project are 1,000-capacity residential housing units, a supermarket, a nursery, and a mosque; all within a gated compound.[7]
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.[8] The project was completed in 2010.[9]
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.[10]
Other
Barwa has been a sponsor of the Spanish motorsport Addax Team.[11]