Panchshil Realty's Office Portfolio First in APAC To Meet British Safety Council's Global Benchmarks for COVID-19 Related Control Measures

Real Estate Press Releases Wednesday August 5, 2020 11:19
PUNE India--5 Aug--PRNewswire/InfoQuest
Panchshil Realty and British Safety Council today announced a new milestone in workplace safety in the corporate real estate sector in India in the context of COVID-19 and safe return to work.

Panchshil Realty has become the first and only real estate group in India and in the entire Asia-Pacific Region to have benchmarked and independently validated its COVID-19 related control measures at its workplaces, against stringent global safety standards as laid down by the British Safety Council.

Following a rigorous auditing process, the British Safety Council's Assurance Statement confirms that at the time of audit, Panchshil Realty has implemented, proper and adequate policies, procedures and arrangements relating to control of COVID-19 within the workplace, across 15 million square feet of its office parks portfolio.

Panchshil Realty's office portfolio in Pune comprises landmark projects like EON Free Zone, World Trade Centre, Business Bay and the International Convention Centre and, its campuses are home to leading global corporations like Allianz, Citibank, Cognizant, Concentrix, Credit Suisse, Deutsche Bank, HSBC, MasterCard, Michelin, T-Systems, UBS, VMWare and Vodafone among many others.

The British Safety Council's Assurance Assessment says that, "Panchshil Realty's senior leadership has demonstrated commitment to manage, prevent and control transmission of COVID-19 and ensure the safe return of employees and tenants to their respective workplaces on lifting of the lockdown."

"Proper health and safety measures commensurate with the nature and scale of operational activities were put in place as early as March 2020, even before the nationwide lockdown was announced. Panchshil has demonstrated suitably effective management of COVID-19 related risks within the workplace and associated operational activities," it adds.

British Safety Council guidance takes account of current global good practice, including information from the Ministry of Health and Family Welfare - Government of India guidelines and WHO.

Panchshil Realty's total completed real estate portfolio is around 23 million square feet with another 20 million square feet under development. Its three business verticals comprise commercial office spaces, hospitality and residential.

A significant chunk of Panchshil Realty's office portfolio is anchored by Blackstone Real Estate Private Equity Fund, sponsored and managed by Blackstone Group LP.
For more information, please visit www.panchshil.com
Logo: https://mma.prnewswire.com/media/1223648/Panchshil_BSC__Logo.jpg

Latest Press Release

Panchshil Realty Celebrates Strong Sales Growth at Its Flagship Residential Project-Panchshil Towers, Pune

Panchshil Realty today announced that it has achieved strong sales growth and seen excellent demand for its flagship residential project Panchshil Towers, located in Pune's eastern IT corridor. To view the Multimedia News Release, please click:...

As a Customer-Centric Company, ZOOMLION Has Got You Covered

As a leading high-end equipment manufacturer, which integrates construction equipment, agricultural machinery and financial services, ZOOMLION has gained a global reputation. In the field of tower cranes, with 60 years of technical research and...

ASEAN-Hainan Trade in Sand and Gravel Aggregates to Accelerate the Development of Hainan FTP

The Press Briefing on ASEAN-Hainan Trade in Sand and Gravel Aggregates to Accelerate the Development of Hainan FTP was held in Hainan, China on September 23, 2020. To support the implementation of the Belt and Road Initiative, China-Malaysia Weiye Group...

Aloft Bangkok – Sukhumvit 11 Unveils Special 'New Normal’ Celebration and Meeting Packages

Aloft Bangkok - Sukhumvit 11 today unveils its special celebration and meeting packages highlighting an array of affordable meetings prices starting from THB 555 net per person when plan and organize meetings and events by 31 December 2020. Coffee break...

RISC by MQDC Follows Strategy of 'For All Well-Being’ by Announcing 7 Research Areas in Line with UN Sustainable Development Goals (SDGs)

Assoc. Prof. Dr. Singh Intrachooto, Chief Advisor of Research & Innovation for Sustainability Center (RISC) by MQDC, announced that RISC is committed to conducting research for the sustainable well-being of all life on earth under its principle of...

Related Topics