Barwa has introduced a 2025 strategic plan to increase revenue and reduce costs. The company will develop the Madinatna Schools project and begin the first phase of Barwa Hills. These projects aim to expand Barwa’s real estate portfolio while maintaining financial stability.
Chairman HE Abdullah bin Hamad al-Attiyah outlined the plan in the 2024 annual report. He stated that Barwa will focus on market demand and minimize risks. The company plans to increase occupancy rates in several key projects, including Madinatna, the Argentine Neighbourhood, and Phase Three of Madinat Al Mawater.
Barwa also expects strong financial returns from the Qatar Schools project (First Package). The company believes Qatar’s National Vision 2030 will drive long-term growth. To align with this vision, Barwa will continue investing in large-scale developments and improving existing properties.
One of the main goals for 2025 includes completing the leasing process for the remaining spaces in Phase Three of Madinat Al Mawater. The company will also study new projects like Phase Four of Madinat Al Mawater and additional phases of Barwa Hills in Lusail. These developments will enhance Barwa’s position in the real estate market.
Barwa will also benefit from Cabinet Decision No. 28 of 2020, which allows non-Qataris to own property in designated areas. Since Lusail holds a large part of Barwa’s land inventory, the company sees great potential in this area. The first phase of Barwa Hills has already started, and further phases will follow.
To maintain its market position, Barwa will strengthen partnerships with the public sector and participate in public-private tenders. The company remains committed to real estate projects that support Qatar’s economic vision and benefit the community.
The company will continue to focus on cost control by optimizing operational, administrative, and financing expenses. Reducing costs while maintaining quality remains a top priority.
