Barwa | |
Type: | Public |
Foundation: | 2005 |
Location City: | Doha |
Location Country: | Qatar |
Industry: | real estate |
Services: | financial services |
Assets: | QAR 66 billion (Dec 2011) |
Parent: | Qatar Investment Authority (45%) |
Homepage: | www.barwa.com.qa |
Barwa Group 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]
In 2012, Barwa Group launched a construction project in the southern zone of Mesaieed to establish a large tourist resort over an area of .[4]
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]
See 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.[8] The project was completed in 2010.[9]
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]
Barwa has been a sponsor of the Spanish motorsport Addax Team.[11]