• HSBC

Barwa confirms Financial District sale, denies Barwa City talks

  • Qatar: Monday, March 08 - 2010 at 09:17

Barwa has released a statement confirming that it is still involved in negotiations with Qatar Petroleum over the planned sale of the Barwa Financial District, but denying that it is currently involved in talks to sell its Barwa City project to a government buyer.

'Because construction is still underway, there has not yet been a finalised lease pricing structure for Barwa City properties. The marketing strategy of Barwa City is still being evaluated to accommodate the current market conditions,' the group said.
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