Embassy Office Parks REIT (NSE: EMBASSY / BSE: 542602) (‘Embassy REIT’), India’s first listed REIT and the largest office REIT in Asia by area, successfully concluded the 9th edition of its flagship cyclothon, Embassy Pedal for the Planet, at Embassy Manyata. This year’s event saw a record turnout of over 2,000 cyclists, doubling participation from the previous year and reinforcing the cause of sustainability, healthy living, and community engagement.
Embassy Manyata, one of India’s largest office parks and home to over 100,000 employees, served as the perfect venue for this event. Spanning over 120 acres, the park is renowned for its world-class amenities, excellent connectivity, and a strong tenant base, making it an ideal setting for community-driven initiatives like this.
Aravind Maiya, Chief Executive Officer, Embassy REIT, said, “We are thrilled by the extraordinary response from our occupiers and participants. With double the registrations compared to last year, Pedal for the Planet has evolved into a city-wide celebration that champions eco-friendly commuting and holistic living. Our priority is to foster engagement within our office parks through various such initiatives, and the remarkable turnout this year is testament to the growing community spirit.”
The 2024 edition of Pedal for the Planet featured four race categories tailored to all ages and skill levels:
30 km Pro-Elite Ride: For seasoned athletes
25 km Amateur Ride: Open to cycling enthusiasts
15 km Fun Ride: Designed for casual riders
1 km Kids Fun Ride: For young children
Continuing its commitment to environmental responsibility, Pedal for the Planet implemented various sustainable practices, including tree planting for every registration, a no single-use plastic policy, and comprehensive waste management efforts. Additionally, all proceeds from the event were donated to non-profit initiatives supporting the education of underprivileged children and the transformation of local schools.
About Embassy REIT
Embassy REIT is India’s first publicly listed Real Estate Investment Trust and the largest office REIT in Asia, by area. Embassy REIT owns and operates a 51 msf portfolio of 14 office parks in India’s best-performing office markets of Bengaluru, Mumbai, Pune, the National Capital Region (‘NCR’) and Chennai. Embassy REIT’s portfolio comprises 37.7 msf completed operating area and is home to 258 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 included in the 2023 Dow Jones Sustainability Indices, making it the first REIT in India to be recognised for its sustainability initiatives by a leading global benchmark. For more information, please visit www.embassyofficeparks.com.
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