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Qatar’s Green Building Council has announced that it will partner with Barwa Real Estate and Kahramaa to launch the country’s first energy efficient ‘passive house’ by early 2013.
A report in the Doha based daily newspaper, The Peninsula, said that the passive house would boast an ultra low energy, airtight building design that requires little energy for space cooling.
Earlier this year, Barwa said that it would be selling $4.4bn in Qatar and Egypt to pay off its loan debt.
The assets being sold include land in the country, as well as the Barwa New Cairo project in Egypt.
Barwa is Qatar’s largest listed property developer and is 45% owned by Qatari Diar, the property arm of the Gulf country’s acquisitive sovereign wealth fund, the Qatar Investment Authority.