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Sunday, November 29 - 2009

Qatari Diar and Barwa: Q-Rex highlights confidence in Qatar's real estate sector

Qatari Diar Real Estate Investment Company, an international leader in sustainable development, and Barwa Real Estate Company have welcomed thousands of visitors at Q-Rex where they have highlighted some of the world's most ambitious real estate projects.

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  • During Q-Rex.
    During Q-Rex.
The record number of visitors to Q-Rex has reinforced the strength and confidence in Qatar's economy and real estate sector.

As leaders in sustainable community development, both Qatari Diar and Barwa are central to the real estate sector in Qatar.

As a sign of confidence in the strength of the Qatari economy, Qatari Diar recently introduced Cegelec, a new member of the Qatari Diar family,to leading Qatari business executives and companies.

Cegelec is a global leader in the technological services market supporting systems and sub-systems for the industrial, infrastructure and tertiary sectors.

Cegelec is an integrated company offering a complete technological service cycle to the customer, from design to installation to maintenance.

Commenting on Qatari Diar 's participation Eng. Mohamed Bin Ali Al-Hedfa, Qatari Diar 's Deputy CEO of Business Development, and CEO for Lusail Real Estate Development Company, said:
"Qatari Diar and Barwa are delighted to be in attendance at Q-Rex and also extremely proud to be the strategic sponsors of this significant event. I have been delighted with the number of visitors we have received at our exhibition stands. The number of visitors and size of the exhibition illustrates 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 developments."


Visitors to Qatari Diar and Barwa's exhibition stands have been learning about some of Qatar's most significant projects including Qatari Diar's flagship project Lusail City.

Lusail is a 35 square kilometre city which will accommodate 200,000 residents, 165,000 workers and 90,000 visitors in a meticulously planned urban development.

Commenting on Barwa's participation, Mr. Khalid Al Delaimi, President of Qatar Developments, said: "Qatari Diar and Barwa are extremely proud to be the strategic sponsors of Qatar's pre-eminent real estate and investment exhibition. With our strategic range of projects; locally, regionally and internationally; both conglomerates are leading the way in creating a better environment for life through developing visionary projects that will work for the well fair of Qatar."

Al Delaimi added: "We have complete trust in the strength of Qatar's economy, which is manifested in the continual developments of our projects: Barwa Al Khor "Urjuan", Barwa Village, Barwa Al Sadd, Barwa Financial District and Barwa Commercial Avenue."

One visitor to Q-Rex told staff at the Qatari Diar exhibition stand "the size of the projects that Qatari Diar and Barwa are undertaking are awe-inspiring. I am truly impressed by the size and ambitions of projects such as Lusail and Urjuan".

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.

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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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 further information about Qatari Diar, kindly contact:
John Watts on +974 6876682

For further information about Barwa, kindly contact:
Bassel Hanbali - Chief Communications Officer - Barwa
Mobile: +9746542099

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