Barwa Real Estate Group has signed financing agreements with a local Qatari bank worth QR4.12bn for a term of nine years.
Barwa Real Estate Group ‘is committed to provide reasonable rent rates’ even as it plans to complete 12,000 residential units by 2020, Group CEO Salman Mohamed al-Muhannadi has told Gulf Times.
Barwa Bank Group posted a net profit of QR729.7mn in 2015, the bank said yesterday.
