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Mindspace Business Parks REIT receives '9 Sword of Honour Awards'



Posted On : 2022-10-18 21:25:42( TIMEZONE : IST )

Mindspace Business Parks REIT receives '9 Sword of Honour Awards'

Mindspace Business Parks REIT, ('Mindspace REIT'), owner and developer of quality Grade A office portfolio receives 9 Sword of Honour Awards for each of its assets that have received Five Star Rating by British Safety Council's Occupational Health and Safety Audits. The Awards and Certifications have been received across 7 assets, spanning an operational area of over 23.5msf. To qualify for the Sword of Honour, an asset should have achieved Five Star outcome in the British Safety Council's Occupational Health and Safety Audit. The audit was proactively initiated, to deliver the safest and healthiest workspaces across our portfolio.

The Mindspace REIT has received Sword of Honour and Five Star Ratings for the following assets Mindspace Airoli East, Mindspace Airoli West, Paradigm Mindspace Malad, Commerzone Yerwada, Gera Commerzone Kharadi, The Square Signature Business Chambers (Nagar Road), Mindspace Madhapur (Sundew), Mindspace Madhapur (Intime) and Mindspace Madhapur (KRIT).

Mike Robinson, CEO British Safety Council, said, "Mindspace REIT's Business Parks represent one of the leading commercial real estate portfolios in India to have achieved both Sword of Honor and Five Star Rating. The award is an outstanding achievement and is reflective of a proactive organization which is committed to continual improvement in its health and safety arrangements and managing risks related to' health, safety and wellbeing of employees who are operating in our business parks."

Speaking on the certifications, Mr. Vinod Rohira - CEO, Mindspace Business Parks REIT, said, "The Sword of Honor on the back of the Five Star Ratings are a validation of our vision to 'build sustainable ecosystems'. Our efforts and interventions, aim to minimize carbon footprint, curate safe and healthy workplaces and deliver sustainable world class spaces that are good for the community that operate from our business parks and the ecology at large. The audit, benchmarked to global standards, is an endorsement of our commitment to deliver the choicest experiences and environments to stakeholders."

The Sword of Honour is the highest endorsement by the British Safety Council for exemplary management of Occupational Health and Safety at the workplace and celebrates and rewards those organisations that have reached the pinnacle of Occupational Health and Safety Management. Organisations from across the world, that achieve 92% and above in the audit, are given Five Star's rating, and invited to apply for the prestigious Sword of Honour.

The British Safety Council's Five Star Rating is the most contemporary, quantified audit process available, which allows businesses to test their health and safety performance against the latest legislation, recognized standards and best practice techniques.

Shares of Mindspace Business Parks REIT was last trading in BSE at Rs. 367.98 as compared to the previous close of Rs. 366.41. The total number of shares traded during the day was 290 in over 82 trades.

The stock hit an intraday high of Rs. 367.98 and intraday low of 363.30. The net turnover during the day was Rs. 106188.00.

Source : Equity Bulls

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