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Qatar's Barwa Real Estate plans USD4.1b capital spending
(MENAFN) Barwa Real Estate, the Qatari real estate developer, has set USD4.1 billion of capital spending for a five-year plan to gain profit on equity of no less than 15 percent by 2020 end, Reuters reported.
The company did not identify if this sum is a yearly capital expenditure or the accumulative amount for the five-year period, according to a bourse filing.
Barwa added that it would seek to refund its existing debt obligations, hoping to escalate the duration of the maturities on the best accessible conditions.
The company did not identify if this sum is a yearly capital expenditure or the accumulative amount for the five-year period, according to a bourse filing.
Barwa added that it would seek to refund its existing debt obligations, hoping to escalate the duration of the maturities on the best accessible conditions.
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