Posted on May 09, 2011

Barwa Masaken, a subsidiary of Barwa Real Estate, inked yesterday a lease agreement with Giant Stores, one of the leading retail chains in Qatar. By virtue of the lease agreement, the latter shall rent and operate the shopping mall at Masaken Barwa Al-Sailiyiah complex. The signing ceremony was attended by Mr. Khalifa Al-Mohannadi, General Manager of Barwa Al-Sailiyiah & Musaimeer Limited Co, and Mr. Maheer Al-Halabi, General Manager of Qatar Markets Co – Giant Stores Qatar. Giant Stores aims to expand its presence to over more new communities and towns in Qatar.

It’s worth mentioning that Barwa Al-Sailiyah complex included 1000 apartments and a shopping mall to service the complex tenants and the surrounding area.

“Concluding the lease agreement with Giant Stores came after a round of negotiations to secure the best services to the complex tenants and the surrounding area. Confident of Giant Stores’ quality services, we selected it to operate the shopping mall. We believe Giant Stores is up to our trust and will provide high quality services to Barwa Masaken’s tenants. The parties also agreed to immediately operate the shopping mall. Giant stores committed that it shall be opened and operated by end of next June,” commented Mr. Khalifa Al-Mohannadi.

“We are proud to co-operate with Barwa as one of the leading real estate and investment organizations in Qatar. It contributes to the building of Qatar future. Barwa choosing Giant Stores to operate the shopping mall is a trust that we are proud of. We hope that we be up to this trust and service the tenants with the best services we used to offer at Giant Stores,” commented Mr. Maheer Al-Halabi

“Covering 1000 sq m, the shopping complex of Barwa Masaken Al-Sailiyah, shall provide all daily services, such as groceries, pharmacy, laundry and other essential services for tenants. In addition, the shopping complex shall include all sections of Giant Stores fresh foods, such as meat, dairy products and fish,” said Mr. Shadi Shihata

“The opening of this new branch comes in line with our expansion strategy in Qatar and it will make Giant Stores’ branches totaling 5 branches.