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Barwa Real Estate wins $206 million deal

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Qatar’s Barwa Real Estate has won a QR750 million ($206 million) contract from a government firm to build and operate low cost-warehouses, Barwa said on Monday.

Published: Tue 16 Dec 2014, 11:24 PM

Updated: Sat 4 Apr 2015, 3:11 AM

The 25-year arrangement was awarded by state-owned Manateq, according to a statement to Doha’s bourse. It did not state how many warehouses Barwa would build but did say the construction would take place within a two-year period. Manateq develops and operates specialised economic zones in Qatar.



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