News for Agent

Daily business news: funding, M&A, launches

Partnerships

BARWA's Waseef and GORD Sign Cooperation Agreement on GSAS Building Standards

By ·

Key takeaways

  • Waseef CEO Eng. Mohammed Ismail Al Emadi and GORD Founding Chairman Dr. Yousef bin Mohammed Alhorr signed the agreement at Cityscape Qatar 2026.
  • The agreement covers applying GSAS standards to existing buildings and exploring ways to optimize energy and resource consumption.
  • Bureau Veritas was named an EcoVadis Accredited Consulting Partner on October 21, 2026, and Andersen Consulting entered a collaboration with Grinity on October 20, 2026.

BARWA Real Estate Group, through its Waseef subsidiary, signed a cooperation agreement with the Gulf Organization for Research and Development (GORD) to apply Global Sustainability Assessment System (GSAS) standards to its buildings and real estate assets. The Gulf Times reported that Waseef Chief Executive Officer Eng. Mohammed Ismail Al Emadi and GORD Founding Chairman Dr. Yousef bin Mohammed Alhorr signed the agreement at Cityscape Qatar 2026.

What the BARWA and GORD Agreement Covers

The agreement focuses on applying GSAS standards to promote sustainable and environmentally responsible buildings. It also provides for exploring solutions to optimize energy and resource consumption, improve operational efficiency and enhance the environmental performance of real estate assets.

The two parties will exchange knowledge and technical expertise and explore practical initiatives tailored to existing buildings and properties. These efforts aim to improve performance, support compliance with sustainability requirements and maintain operational efficiency and long-term asset value.

Eng. Ahmad Mohammed Al Tayeb, Chief Executive Officer of BARWA Real Estate Group, attended the signing at the group's pavilion at Cityscape Qatar 2026. The partnership reflects the group's commitment to improving the sustainability and efficiency of its property portfolio through enhanced asset management and better operational practices.

Al Emadi said the agreement covers 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," he said.

Alhorr said the partnership is a step toward 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," he said.

Sustainability Partnerships Across the Sector

Bureau Veritas was named an EcoVadis Accredited Consulting Partner on October 21, 2026, AETOSWire reported. The accreditation covers assessment completion, post-assessment review, program launch and advanced value chain performance.

Andersen Consulting entered a collaboration agreement with Grinity, a built-asset consultancy in the Czech Republic and Slovakia, on October 20, 2026, AETOSWire reported. Grinity provides technical, environmental and sustainable development services, including ESG consulting and energy optimization.

Sinc and GLIN Impact Consulting signed a business partnership to support companies in visualizing social impact and integrating it into disclosures, Prtimes reported on October 26, 2026. The collaboration covers impact visualization, sustainability strategy and disclosure design for listed and mid-sized firms.

GORD's GSAS Standards and Existing Buildings

GORD's GSAS standards form the basis of the agreement, with the two parties assessing the needs of each asset and identifying opportunities to optimize energy and resource consumption. Alhorr said this approach can help improve environmental and operational performance while preserving long-term value.

Companies in this story

Sources

Machine-readable: Markdown · JSON