OREANDA-NEWS. Barwa Real estate has concluded on 04/01/2015 the purchase and transfer of the 50% shareholding of the Lusail Golf Development Company (W.L.L) through its fully owned subsidiary Barwa International (S.P.C). Lusail Golf is a Qatari Company with Limited Liability, located in Qatar with a capital of QAR 10 million. With the completion of this transaction, Barwa Group now owns 100% of the shareholding of Lusail Golf, with a 50% shareholding initially owned by Barwa Real Estate.

Barwa Real Estate had previously announced to the Market and QFMA on 06/11/2014 the signing of the relevant SPA for a total purchase value of QAR.