Embassy REIT’s Latest Education Initiative Benefits Over 400 Students In Pune - Funds Significant Infrastructure Upgrades At Government School In Marunji, Pune
Pune/ Bengaluru, India, June 15, 2023
Embassy Office Parks REIT (NSE: EMBASSY / BSE: 542602) (‘Embassy REIT’), India’s first listed REIT and the largest office REIT in Asia by area, is pleased to announce the funding of significant infrastructure upgrades at Pune’s Zilla Parishad Primary School in Marunji. In addition to the construction of the new school building, which will benefit over 400 students, Embassy REIT will continue to provide daily school maintenance, full-time security, and holistic health interventions.
Shaina Ganapathy, Head of Community Outreach, Embassy Group, who manages CSR programmes at Embassy REIT, said,
"Embassy REIT is proud to partner with the Department of Education, Maharashtra, to enhance the infrastructure of the Zilla Parishad Primary School in Marunji. We believe that every student always deserves the best environment to develop his or her academic and interpersonal skills. Through our CSR program, our continuous endeavour is to support education, health, infrastructure, and environment initiatives in the communities in which we operate, an effort that has positively impacted over 55,000 beneficiaries over the years.”
Vaishali Mansing Jadhav, Headmistress of Zilla Parishad Primary School, Marunji, said,
“We’re very grateful to Embassy REIT for providing much-needed infrastructure support to our school. This will go a long way towards increasing enrollment and creating an environment that is safe and conducive to learning. The initiative will further enable underprivileged children to succeed academically and reach their full potential.”
As part of its education initiatives, Embassy REIT runs several programs in Pune. The REIT recently sponsored a four year engineering scholarship program for 36 female students in partnership with the Lila Poonawala Foundation (“LPF”). LPF provides these scholarships to academically outstanding and financially deserving girls to complete their four-year undergraduate degrees. Embassy REIT also runs a a holistic health and hygiene program across 6 government schools in Pune, benefitting over 5,900 students.
About Embassy REIT
Embassy REIT is India’s first publicly listed Real Estate Investment Trust. Embassy REIT owns and operates a 45 msf portfolio of nine infrastructure-like office parks and four city‑centre office buildings in India’s best-performing office markets of Bangalore, Mumbai, Pune, and the National Capital Region (‘NCR’). Embassy REIT’s portfolio comprises 34.3 msf completed operating area and is home to around 230 of the world’s leading companies. The portfolio also comprises strategic amenities, including four operational business hotels, two under‑construction hotels, and a 100 MW solar park supplying renewable energy to tenants. Embassy REIT’s industry leading ESG program has received multiple accolades from renowned global institutions and was awarded a 5-star rating both from the British Safety Council and GRESB. Embassy REIT was also recognised as the world’s largest ‘USGBC LEED Platinum-Certified’ office portfolio (v4.1 O+M) by Green Business Certification Inc. For more information, please visit www.embassyofficeparks.com.
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