Pune, May 26, 2021
Embassy Office Parks REIT (‘Embassy REIT’), India’s first listed REIT and the largest in Asia by area, has extended its Covid-19 relief support across India by addressing the critical need for life-saving medical equipment. Embassy REIT has sponsored oxygen concentrators and BiPAP machines in Pune and Delhi to ease the burden placed on existing healthcare infrastructure.
Attempting to tackle the enormous strain placed on public and private health care systems, Embassy REIT has donated 10 vital Oxygen concentrators with a capacity of 10 lpm each for the treatment of Covid-19 patients at Paud Rural Hospital & Dedicated Covid Healthcare Centre in Paud District, Pune. The oxygen concentrators were handed over to Shri Abhay Chavan, Tehsildar, Mulshi (Paud).
Shri, Abhay Chavan, Tehsildar, Mulshi (Paud), was extremely thankful for Embassy REIT’s contribution of oxygen concentrators. He said that as the current strain of the virus has had a devastating impact on the rural population, Embassy REIT’s timely donation played a pivotal role in managing the support for the Covid-positive patients in the region.
In addition, Embassy REIT has provided 15 BiPAP machines to Acharyashree Bhikshu Government Hospital, a dedicated Covid-19 hospital in Delhi.
Dr. A.K. Mehta, Medical Superintendent, Acharyashree Bhikshu Government Hospital, said, “In this Covid-19 pandemic, we are thankful for the support of Embassy REIT and their donation of 15 BiPAP machines. These machines will be very useful in managing the admitted COVID patients. We sincerely thank Embassy REIT for their support during this time of crisis.”
Embassy REIT has vaccinated 2100 frontline staff and construction workers across its office parks in Bangalore and Mumbai, with a plan to inoculate another 500-frontline staff at Noida in partnership with Cloud9 hospital.
The Embassy REIT entity is in discussions with multiple hospitals and nodal agencies to vaccinate 6800 people over the next week weeks.
About Embassy REIT
Embassy REIT, listed in April 2019, is India’s first publicly listed Real Estate Investment Trust. The REIT owns and operates a 42.4 million square feet (“msf”) portfolio of eight 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”). Embassy REIT’s portfolio comprises 32.3 msf completed operating area and is home to over 200 of the world’s leading companies. The portfolio also comprises strategic amenities, including two operational business hotels, four under‐construction hotels, and a 100MW solar park supplying renewable energy to tenants.