Initiatives welcome Employees to #OfficeAgain
Embassy Office Parks REIT (NSE: EMBASSY/BSE: 542602), India’s first listed REIT and the largest in Asia by area, has received the Global benchmark certification from the British Safety Council for health and safety practices implemented in controlling the spread of COVID-19 across its pan India operating office portfolio.
Embassy REIT with 26.2 million square feet (msf) is one of the largest portfolios by size to qualify for the British Safety Council’s COVID-19 Assurance Assessment.
The British Safety Council’s COVID-19 Assurance Assessment provides a framework for organizations to develop and implement robust and relevant protocols and arrangements designed to effectively manage the risk of transmission of COVID-19 as far as is reasonably practicable within their workplace.
“As lockdowns have eased and more and more people have started returning to work, it is right that workers and employers want to have confidence that every possible step has been taken to keep workplaces safe,” Mike Robinson, CEO of the British Safety Council said on 14 Sept 2020.
“With the COVID-19 Assurance Assessment, Embassy Office Parks (REIT) has shown that their protocols and associated control arrangements were in accordance with the current government and sector-specific guidelines and arrangements for continual monitoring of their effectiveness were in place,” he said.
As India gets back to business, Embassy REIT has implemented several initiatives to welcome occupiers and employees to #OfficeAgain.
All of Embassy REIT’s properties continue to remain operational with over 95% of occupiers and over 18,000 people on an average working from the premises since 1 September to date.
Starting weeks prior to the lockdown and through these months, Embassy REIT has successfully executed multiple health and safety initiatives across parks including thermal cameras, deep cleaning, sanitization and fumigation activities across the common areas and in high footfall zones, advanced air filtration and cleansing systems, touchless visitor management and other social distancing norms.
“Given the physical, digital and social infrastructure challenges around work from home, we believe that our office parks will continue to be the venue for building company culture, collaboration, training and teamwork,” said Michael Holland, CEO of Embassy REIT.
“Our teams have ensured that all our properties are ‘COVID-19 Secure’ and our recent British Safety Council certification demonstrates that we are fully equipped to handle best-in-class health & safety protocols as occupiers return to #OfficeAgain.
“We continue to see the positive ramp-up in employees returning to the workplaces across our 75 buildings in India,” said Holland.
Embassy Office Parks is India’s first publicly listed Real Estate Investment Trust (REIT). Listed in April 2019, it owns and operates a 33.3 million square feet (msf) portfolio of seven infrastructure-like office parks and four city centre office buildings in India’s best performing office markets of Bengaluru, Mumbai, Pune, and the National Capital Region (NCR). #safety #COVID-19 #assets #offices #REIT /fiinews.com
