Officials sign a sustainability cooperation agreement at Cityscape Qatar 2026. | Qatar News Agency

Waseef Partners with GORD to Apply GSAS Standards Across Qatar Real Estate Assets

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The agreement was signed at Barwa Real Estate Group’s pavilion during Cityscape Qatar 2026 by Waseef Chief Executive Officer Eng. Mohammed Ismail Al Emadi and GORD Founding Chairman Dr. Yousef bin Mohammed Alhorr. Barwa Real Estate Group Chief Executive Officer Eng. Ahmad Mohammed Al Tayeb attended the ceremony. According to the Qatar News Agency, the pact aims to integrate specialized sustainability standards and solutions that improve both environmental and operational performance of real estate assets managed by Waseef.

The cooperation focuses on applying the Global Sustainability Assessment System standards developed by GORD to promote sustainable and environmentally responsible buildings. It includes exploring solutions to optimize energy and resource consumption while enhancing operational efficiency and the overall environmental performance of properties. The parties will exchange knowledge and technical expertise and study practical initiatives for existing buildings and assets to ensure compliance with sustainability requirements and preserve long-term value.

In a statement carried by the Qatar News Agency, 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.” He added that sustainability forms an important element of asset management given its contribution to operational efficiency and the preservation of long-term asset value.

Dr. Yousef bin Mohammed Alhorr stated that the partnership marks an important step toward expanding GSAS application 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,” he said according to the joint announcement. GORD data shows the organization has applied its GSAS framework to numerous projects across the Gulf region since its introduction as the MENA area’s first performance-based green building rating system.

This cooperation builds on a 2024 memorandum of understanding between Waseef and GORD that targeted sustainability, energy efficiency and carbon emission reduction in line with Qatar National Vision 2030, according to records from the Gulf Organisation for Research and Development. Barwa Real Estate Group released its inaugural sustainability report in March 2026 prepared under GRI and SASB standards as well as Qatar Stock Exchange ESG indicators, the company stated at the time. The report highlighted initiatives supporting the UN Sustainable Development Goals and Qatar’s national development priorities.

Waseef manages a wide portfolio of residential, commercial and mixed-use properties on behalf of Barwa Real Estate Group and third parties across Qatar. The agreement is expected to help strengthen compliance with evolving regulatory requirements for green operations while maintaining asset performance. Officials from both organizations indicated that further joint initiatives would be developed following the signing to translate the framework into measurable improvements at the property level.

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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.