Bengaluru, India, November 28, 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, together with ANZ Bengaluru, are pleased to announce the construction of a third government school in Thanisandra, Bengaluru. The new school building will benefit 1,240 students from grade 1 to 8 and comprises 20 classrooms, a staff room, 24 toilets, a handwash, clean drinking water, and a playground. Additional planned projects include rooftop solar installation and a multipurpose lunch hall, as part of a comprehensive approach to school infrastructure and sustainability.
This is the third school building by Embassy REIT and ANZ under the Embassy REIT Corporate Connect Program. The other completed schools include Government Kannada Model Primary School and Government Urdu Model Primary School in Hegdenagar in Bengaluru. All three schools, including the newly built one, benefit over 3,000 students, and have been project managed by Embassy REIT.
S V Venkataraman, Managing Director, ANZ Group Capability Centre, Bengaluru, said,
“We are proud of our six-year partnership with Embassy REIT in enhancing the educational system for the under-served communities. Education is a priority area of our sustainability framework, as we believe that investing in education is an investment in the future. Providing accessible, conducive learning environments is essential to nurture learning and potential. By constructing basic amenities like toilet blocks, library plus computer labs, and providing clean drinking water in Government Kannada medium schools, we’ve seen a significant rise in enrolments and elevated the quality of education. Education is the cornerstone for a brighter future, which aligns seamlessly with our purpose to shape a world where people and communities thrive, and we remain committed to the cause.”
Shaina Ganapathy, Head of Community Outreach, Embassy Group, who manages CSR programmes at Embassy REIT, said,
“We’re delighted to partner with our corporate connect partner, ANZ, on another important initiative, and would like to thank them for their continued support over the years. This project is part of Embassy REIT’s ongoing commitment to providing quality education and essential infrastructure to uplift government schools in the communities where it operates. The partnership includes not only the construction of the school, but also curriculum support, infrastructure development, and other aspects that contribute to the overall educational experience.”
Embassy REIT’s Corporate Connect Program is an impactful initiative that brings together office park occupiers with aligned Corporate Social Responsibility (CSR) mandates and experienced non-profits to address diverse challenges faced in the education sector, particularly in Government schools across India. Since the inception of the program, Embassy REIT has partnered with over 40 corporates for 70+ projects aimed at addressing educational, health and infrastructure challenges, contributing to the holistic development of local communities.
