Country for PR: United Kingdom
Contributor: PR Newswire Europe
Tuesday, August 04 2020 - 19:23
Panchshil Realty’s Office Portfolio First in APAC To Meet British Safety Council’s Global Benchmarks for COVID-19 Related Control Measures
PUNE, India, August 4, 2020 /PRNewswire-AsiaNet/ --

   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 

    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 

    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 


    Source: Panchshil Realty