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Sunday, November 29 - 2009

Qatari Diar and Barwa, strategic sponsors of Q-REX 2009

Qatari Diar Real Estate Investment Company, an international leader in sustainable development, and Barwa Real Estate Company, one of the premier organizations in the State of Qatar, are proud to be strategic sponsors of the 4th International Qatar Real Estate and Investment Exhibition (Q-REX) that is taking place between the 25th and 28th of May at the Qatar International Exhibition Centre.

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  • Qatari Diar and Barwa, strategic sponsors of Q-REX 2009.
    Qatari Diar and Barwa, strategic sponsors of Q-REX 2009.
In its fourth year, Q-REX has become the premiere international exhibition in Qatar for real estate and investment.

Q-REX brings together hundreds of companies from the GCC and abroad to offer opportunities to showcase projects and real estate investment services, as well as meeting decision-makers to present the findings in the latest investment opportunities in the domestic and international real estate sectors.

Engineer Mohamed Bin Ali Al-Hedfa, Qatari Diar Deputy CEO for Business Development and CEO of Lusail Real Estate Development Company, commented, "We are extremely proud to be the strategic sponsors of Q-REX 2009, Qatar's pre-eminent real estate and investment exhibition. With our forward-thinking projects in Qatar, such as the massive Lusail development and the state-of-the-art Doha Exhibition Center and Tower, along with our visionary regional and international projects such as the renowned Chelsea Barracks in London, the luxurious Al Houara Resort in Tangier, Morocco, and the Ibn Hani Bay Resort in Syria, Qatari Diar is leading the way for developing visionary sustainable developments in Qatar and around the world that will shape Qatar's future for generations to come."


Qatari Diar and Barwa will be represented at Q-REX by senior executives who will take the opportunity to share their best practice and ideas with organizations and individuals from around the world.

Qatari Diar will showcase its flagship project Lusail City, a 35 square kilometre city to accommodate 200,000 residents, 165,000 workers and 90,000 visitors. Also highlighted will be the Lusail Commercial Boulevard; modelled after the iconic Champs Elysées of Paris, the Commercial Boulevard District will serve as the 'commercial hub of Lusail'.

Situated along the central portion of Lusail city, the Boulevard focuses on large-sized retail units of mixed use, including walk-up apartments parallel to the main commercial spine.

Qatari Diar will also highlight at Q-REX the $350m Ibn Hani Bay Resort in Syria and Qatari Diar's luxurious Al Houara Resort in Tangier, Morocco.

Commenting on Barwa's participation, Mr Khalid Al Delaimi, President of Qatar Developments, said, "We have complete trust in the strength of Qatari economy, which showed its stability throughout the hard economic period and continued to provide a solid backing to our ambitious community development."

"In line with this, we have identified 'QREX 2009' as the right platform to showcase our Barwa Al Khor 'Urjuan', Barwa Village, Barwa Al Sadd, Barwa Financial District and Barwa Commercial Avenue projects and share the tremendous progress we are making in the construction,"
added Al Delaimi.

Barwa will showcase multibillion riyal projects, including the QR35bn 'Urjuan', by Barwa Al Khor, being developed to the north of Al Khor City with total area of around five and a half million square meters.

In addition, the stand will include Barwa Commercial Avenue, a prestigious eight kilometres commercial facility offers luxury residential and commercial buildings, Barwa Financial District, an integrated real estate solution designed to serve the local and international financial institutions located in the heart of Doha New Commercial City in West Bay area, Barwa Al Sadd, a commercial and residential complex being developed adjacent to Suheim Bin Hamad Street in Doha, and Barwa Village, residential and commercial blocks provide a mix of apartment lifestyle in addition to retail shops Located 10 kilometres south of Doha International Airport.

Qatari Diar, an investment company of the Qatari government, is wholly-owned by the Qatar Investment Authority. Barwa Real Estate is 45% owned by Qatari Diar.
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Notes and media contacts

About Qatari Diar Real Estate Investment Company:
Wholly owned by the Qatar Investment Authority, Qatari Diar Real Estate Investment Company was established in December 2004 to support Qatar's growing economy and to co-ordinate the country's real estate development priorities.Qatari Diar creates distinguished property developments with local culture and lifestyle experience to attract tourism and residents generating sustainable and tangible socio-economic benefits.

Qatari Diar's vision is to become the most trusted and effective real estate investment company by focusing its value proposition on the creation of quality, well-planned and desirable sustained developments. Qatari Diar also provides local and foreign property developers with further opportunities to invest in numerous projects across the globe, including but not limited to Qatar, Morocco, Egypt and Europe.

About Barwa:
Barwa is one of the premier organizations in the State of Qatar. As the name "Barwa" or "Contractual Commitment" suggests, we are inspired by our vision of a glowing future for Qatar.

With business interest in real estate & project development, property & facility management, construction material production, environmental activities & health, banking & finance, hotels & resorts, technology & utility, knowledge & communications and agriculture; Barwa is driven by the conviction that people deserve a comfortable living and working environment.

With extensive operations in Qatar and around the world, we believe that every Barwa project is the seed for an incredible journey, where our greatest achievement is realizing the dreams of our stakeholders.

Barwa Al Khor:
Barwa Al Khor is a project being developed to the north of Al Khor City located forty five kilometers from Doha city. The total area of the project is around five and a half million square meters with a sea front extended along Al Khor Bay to the northern east side of Qatar coastline. Barwa AL Khor offers twenty four thousand multipurpose residential units , a huge commercial compound, civil services buildings, schools, public parks, green areas, beach and walk side, as well as a group of hotels, a resort and a golf course.

Barwa Commercial Avenue:
Barwa Commercial Avenue is a prestigious commercial facility located near the heart of Doha City. The project extended on eight kilometers offers luxury residential and commercial buildings aiming to fulfill the demands of young Qatari entrepreneurs. It includes shopping centers, restaurants and residential apartments.

Barwa Financial District:
Barwa Financial District, located in the heart of Doha New Commercial City in West Bay area, represents an integrated real estate solution designed to serve the local and international financial institutions. The project, having a built-up area of more than five hundred thousand square meters, offers high quality office space with a solid infrastructure, state-of-the-art technology and parking facilities for more than five thousand cars.

The future tenants, owners and visitors of the Financial District will also enjoy facilities similar to a luxury hotel and spa, a conference center, a landscaped outdoor plaza, retail stores housing international brands and service solutions that provide up-market merchandise and services of all forms. The average heights of the buildings range between twenty-one to thirty-six storeys, culminating in a fifty two storey flagship tower that will be one of the prime landmarks of Doha City.

Barwa Al Sadd:
Covering an area of 27,654 m2, Barwa Al Sadd is a commercial and residential complex being developed adjacent to Suheim Bin Hamad Street, Doha. The project consists of 3 levels basements that accommodate 1632 car, three office towers two with 21 floors and one with 18 floors, and five star hotel with 228 rooms; all surrounding a four-level podium. It also includes 3 apartment buildings each of 10 floors, a two-floor recreational building and a utility building. Barwa Al Sadd project has components that approximately cover total built-up area of 202,145.44 m2.

Barwa Village:
Located 10 kilometers south of Doha International Airport and 20 minutes from the centre of Doha, Barwa Village's 18 low-level residential and commercial blocks provide a mix of apartment lifestyle options: 96 studios, 262 one-bedroom and 100 two-bedroom apartments, in addition to 918 retail shops to cater for the projects tenants and visitors. The project includes clubhouse, swimming pool, international standard school, nursery, neighborhood center, public plazas, playground, neighborhood center, mosque, health clinic, two-storey administration building and shopping plaza.


For more information, please contact:
Khaled Ramadan
Account Director
Brown Lloyd James
DOHA
P.O. Box 8019, Doha
T: +974 465 7367 - 247
F: +974 465 9214

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