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Tribune News Network
Doha
Barwa Real Estate Group will be a a platinum sponsor for the ninth edition of Cityscape Qatar 2021, which will be held under the patronage of Prime Minister and Minister of Interior HE Sheikh Khalid bin Khalifa bin Abdulaziz Al Thani at the Doha Exhibition and Convention Center from October 17 to 19.
This comes out of Barwa’s commitment to support Qatar’s major real estate events that provide exceptional platforms to showcase projects and contribute to boosting relations with investors and experts in real estate development, enhancing Barwa Real Estate’s position as the largest developer of strategic real estate projects in Qatar, and its leadership at the local and regional levels.
Wide array of projects
During its participation in the exhibition, Barwa Real Estate Group will shed light on a diverse and selected package of its real estate projects, which reflects its strategy in ensuring optimal utilization of its investments and meeting all needs and aspirations of the real estate market and customers. This confirms the group’s vital role in the contribution to supporting projects and plans for the national economy growth and diversification in order to reach Sustainable Development. Besides, it also consolidates the principle of the group’s strategic partnership with the government of the State of Qatar.
Barwa’s booth at Cityscape will display a balanced mix of multiple real estate projects that support Qatar’s renaissance in all fields.
Updates on projects under construction
Barwa will also announce the latest developments of its projects under construction, such as ‘Madinatna’ and ‘Barahat Al Janoub’ projects, which will add to the Qatari real estate market two new residential cities that suit all segments of society, with designs inspired by traditional Qatari architecture style. These two cities will provide all solutions, services and facilities which ensure building residential sustainable environments for various groups of Qatari community, according to the highest specifications and finest standards, contributing significantly to taking care of the conditions of workers, while at the same time working to meet the preparations of the State of Qatar to host the 2022 FIFA World Cup, in fulfilment of the group’s role as a leading national company in the field of real estate development.
Furthermore, Barwa will also announce the latest developments of the Qatar Schools Development Project - Package 1, which includes the development of 8 public schools with the highest specifications to support Barwa Real Estate Group’s contributions to supporting the educational process, which occupies an advanced position in the pillar of human development. As well, Barwa will announce the developments of a number of projects in operation.
Future plans and new projects
Barwa Real Estate Group will also unveil the launch of its latest projects that keep pace with the new legal and economic legislation, foremost of which is Cabinet Resolution No. 28 of 2020, designating the areas in which non-Qataris may have “freehold” ownership as well as “usufruct right” of real estate, while setting the conditions, controls, benefits and procedures for their ownership and use of them. Also, the Group will announce new strategic partnerships with government agencies to launch projects that meet the real estate sector and keep pace with the Public-Private Partnership Law.
Stock of Land
It should be noted that Barwa Real Estate Group is studying a number of projects for the purpose of selling them or keeping them as a source of reoccurring operating revenue, by making use of the stock of land Barwa owns. Such plans come within the framework of implementing the group’s strategy towards optimal utilization of its investments to meet the growing needs of the real estate market, cover all customers’ requirements, contribute to maximizing the rights of investors and shareholders, and achieve real added values to the company’s assets.
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14/10/2021
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