|
|
|
RELATED ARTICLES: Pearl Qatar luxury residential tower launches | Barwa signs lease for Qatar's first Chinese market | Site visit: Barwa Financial District
Barwa Real Estate has announced that over 99% of its $658.9m Barwa Al Sadd project has now been completed. The project is expected to be ready for hand-over during Q2 2012.
Barwa has currently leased all housing units and two of three office towers on the project. The third office tower is expected to serve as the headquarters of Barwa Real Estate and its subsidiaries.
An agreement has also been signed with a leading international hotel chain to set-up on the project. The name of the hotel is expected to be announced at a later stage.
Final project preparations are well underway, following the finalisation of work on the development as a whole. Barwa is expected to relocate to its new headquarters during Q2 2012.
 |
Many reputed local and international real estate and urban development companies have contributed to the design, development and construction of the Barwa Al Sadd project.
Commenting on the announcement, Abdulla Abdulaziz Al Subaie, CEO of Barwa Real Estate Group, said: “The completion of the Barwa Al Sadd project marks an important milestone, which reflects Barwa’s dedication to the project’s planning, development, design and construction over the years."
Located on Suhaim Bin Hamad Road (C Ring) and covering 27,654m2, Barwa Al Sadd is considered one of the largest real estate developments and Doha’s largest local project.
The project consists of a commercial and residential complex and features three office towers, with two consisting of 21 storeys and the third 18 storeys. A five-star hotel is also included.
Centred amidst the three buildings is a three-storey retail centre, with the first two floors reserved for retail outlets and the third floor expected to house office spaces.
On the residential front, the project includes three apartment buildings, each measuring ten storeys and containing 261 flats and a three-storey basement. A five-floor building is also reserved for parking spaces, and is expected to accommodate up to 1,702 cars.
Barwa also said that its QR7bn Barwa Commercial Avenue is expected to be completed during the second quarter of 2012.
The project provides 547 retail spaces, residential units and office spaces with a total built area of 100ha.
The development also offers residents wide spaces for restaurants, grocery stores, pharmacies, shopping malls and other facilities.
| Articles | |
| Companies | |
 |
Site Map
 |
 |
 |
 |
|  |
\
FEATURED COMMENT
The hotel will be operated by the Grand Millennium Hotel.