Officials sign a sustainability agreement at the Barwa pavilion during Cityscape Qatar 2026. | Qatar News Agency

Waseef and GORD Partner to Integrate Sustainability Standards into Real Estate Operations

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Barwa Real Estate Group announced that its subsidiary Waseef had signed a cooperation agreement with the Gulf Organisation for Research and Development to advance sustainability practices across real estate assets. The pact was concluded at the Barwa pavilion during Cityscape Qatar 2026, according to a statement distributed via Zawya. Mohammed Ismail Al Emadi, chief executive of Waseef, and Yousef Mohammed Alhorr, founding chairman of GORD, executed the document while Ahmad Mohammed Al Tayeb, group chief executive of Barwa Real Estate Group, attended the ceremony.

The statement indicated that the agreement will promote application of the Global Sustainability Assessment System standards for environmentally responsible buildings and will examine solutions for optimising energy and resource consumption. Parties to the deal will exchange technical knowledge to lift operational efficiency and environmental performance of properties under management, whether owned by Barwa Real Estate Group or third parties. Additional provisions address compliance with sustainability requirements and preservation of long-term asset value.

Al Emadi said, “This agreement reflects our commitment to continually improving how we manage and operate real estate assets, drawing on specialized expertise and GSAS standards to enhance the efficiency and performance of properties managed and operated by Waseef, whether owned by Barwa Real Estate Group or other entities. We consider sustainability an important element of asset management, given its contribution to operational efficiency and the preservation of long-term asset value.” The accord extends work detailed in the group’s earlier sustainability disclosures.

GORD data from August 2026 places the number of GSAS-certified projects in Qatar at more than 2,700, covering over 3.1 billion square feet. The GCC Standardization Organization adopted GSAS as the regional green building standard GSO 3000:2025, a designation that has broadened its application throughout the Gulf. All stadiums built for the FIFA World Cup 2022 achieved full GSAS certification under this framework.

Barwa Real Estate Group published its inaugural sustainability report in May 2026 prepared in line with Global Reporting Initiative standards, Sustainability Accounting Standards Board guidelines and Qatar Stock Exchange ESG indicators. The document, themed Building the Future through Sustainable Growth, outlined alignment with the pillars of Qatar National Vision 2030 and the United Nations Sustainable Development Goals. It established baseline measurements for tracking future environmental, social and governance performance.

Alhorr stated, “We are pleased to collaborate with Barwa Real Estate Group, represented by Waseef, and see this partnership as an important step towards expanding the application of GSAS standards in real estate asset management and operations. Sustainability extends beyond the design and construction of buildings; it is reflected in how efficiently they are operated and managed throughout their lifecycle.” The arrangement will support development of practical initiatives for existing building stock.

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Financial Arabia NewsDesk is the desk responsible for Financial Arabia's daily news coverage, monitoring and reporting developments across the Gulf from official sources, including national news agencies and government communications. Its focus is accurate, timely and factual coverage of the region.