FINANCIAL NEWS

Qatar-Barwa inks leasing deal worth QR755mn

12 Jul 2017

(MENAFN) Barwa Real Estate Group proclaimed the signing of the leasing deal of its project, Mustawdaat in Umm Shahrain area, with Mohammed Hayil Group.

Furthermore, the project comes as one of the Government of Qatar’s initiatives to meet the market demands of storage areas in order to fulfill the needs of Qatar’s citizens.

Additionally, the development of the project has been given to Barwa Real Estate Co. as one of four warehousing parks that has been given to a number of developers in 2015.

Meanwhile, it extends over a plot area of 500.000 square meters and offers four types of low-cost warehouses, involving dry and air-conditioned warehouses.

MENAFN1207201700450000ID1095616949

MENAFN1207201700450000ID1095616949

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