Embassy Post : The Corporate Newsletter

Issue - 2 December 2014An Embassy Corporate Newsletter

EMBASSY POST

TH

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INSIDE THIS ISSUE

10 EIRS8 EMBASSYSERVICES

EDITORIAL2

9 EDUCATION 12 NEWS FLASH

6/7 EMBASSYOFFICE PARKS

3 LUXURYLIFESTYLE

4 RESIDENTIAL5EMBASSYSPOTLIGHT

11 CSR

EDITORIAL

JITU VIRWANI

Chairman and Managing Director Embassy Group

The year 2014 has been an incredibly eventful and exciting one for all of us at Embassy – underscored by the unstinting support and commitment from all our key stakeholders - clients, partners and employees. This second issue of Embassy Post highlights the achievements that have made this year truly memorable for us while offering you insights into some of our plans for the coming year.

Embassy Office Parks shifted into overdrive with a historic acquisition – that resulted in the creation of Embassy TechVillage in May this year. This was followed by the launch of our first hospitality venture - the Hilton Bangalore Embassy GolfLinks in September, followed by the acquisition of the Banglore project of the world-renowned Four Seasons Hotel and Private Residences in October.

Equally momentous for the Embassy Group and Embassy Office Parks, was the inking of India’s largest ever commercial real estate lease deal in Embassy TechVillage for 3.25 million sft of office space with Flipkart, India's leading e-commerce marketplace.

Embassy Group’s success as a growth company is tied directly to our culture of partnership, community-building, innovation and value-addition. Today we believe that sustainable innovation that benefits clients, stakeholders, the

CHAIRMAN’S MESSAGE

This coming year, our energies will be channeled towards delivery of residential, commercial and hospitality projects while simultaneously scouting for fresh growth opportunities.

company and the planet will play a key role in the future of our business. Besides our various community initiatives focused on education, during the year we made a concerted effort to run a series of civic/ sports programs that brought our various communities together.

This coming year, our energies will be channeled towards delivery of our residential, commercial and hospitality projects while simultaneously scouting for fresh growth opportunities. In order to support this growth trajectory and scale up operations, we have formed a strong, in-house project management team – this team will play a critical role in helping us deliver on our commitments to each of you. Meanwhile watch out for new announcements to the Embassy residential portfolio.

I would like to invite you to traverse this journey with us – and earnestly welcome your suggestions and inputs – to document our progress, make note of where we have fallen short and identify the challenges that lie ahead.

Thank you very much for your continued support and wishing you all success in the new year!

THE EMBASSY POST 2Issue - 2 December 2014

“We are delighted

to have Flipkart

as our tenant at

Embassy TechVillage

and are looking

forward to having a

long standing

relationship with

them.”

Jitu Virwani, CMD - Embassy Group

THE EMBASSY POST 3

EMBASSY OFFICE PARKS

Issue - 2 December 2014

FLIPKART LEASES RECORD 3.25 MILLION SFT OFFICE SPACE AT EMBASSY TECHVILLAGE

In October, Embassy Office Parks closed India’s largest ever commercial real estate lease deal for 3.25 million sft of office space in Embassy TechVillage with Flipkart, India's leading e-commerce marketplace.

Embassy Office Parks, is a joint venture of Embassy Group and Blackstone. This development further cements Embassy Office Parks’ position as the leading private owner and operator of world-class business parks in India.

The office premises with fit outs is expected to be delivered within 24 months for an initial 1.5 million sft with an option to increase this to 3.25 million sft over the next 3 to 5 years.

Mike Holland, CEO of Embassy Office Parks said, “The creation of Embassy Office Parks as a strategic business accelerator for the Embassy Group has proven to be well-timed and well-posi-tioned. We continue to build on our relationships with discerning corporate occupiers delivering world-class commer-cial office space across key markets in India, especially Bangalore.”

Commenting on the development Jitu Virwani, CMD of Embassy Group remarked, “We are delighted to have Flipkart as our tenant at Embassy TechVillage and are looking forward to having a long standing relationship with them. Being strategically located in the

heart of Bangalore’s IT corridor, Embassy TechVillage is well connected to the IT hubs of Whitefield and Electronic City as well as the CBD. Our office parks are more than just brick and mortar workplaces – they are business ecosystems engineered to enhance productivity by building vibrant communities.”

Embassy TechVillage, a 106 acre develop-ment strategically located on ORR, the heart of Bangalore’s IT corridor, attracts some of the world’s largest companies like Sony, Nokia, Brocade, Cisco, Geometric, Blue Ocean, Talisma, Amba, Ness, Autonomy, Creative, Iron Mountain and Outsource Partners International.

Flipkart team with Jitu Virwani, CMD Embassy Group andMike Holland, CEO Embassy Office Parks

LUXURY LIFESTYLE

FOUR SEASONS PRIVATE RESIDENCESNow in Bangalore

Embassy Group has crossed yet another significant landmark in our journey with the successful acquisition of Bangalore’s first Four Seasons Hotel & Private Residences.

The development will comprise beautiful landscaped gardens and the lifestyle amenities of the Four Seasons Hotel and Private Residences. Four Seasons Private Residences will span 110 units across two towers and offer an unmatched living experience, providing stylish, spacious and well-equipped living accommodation with access to legendary Four Seasons service

and amenities and a promise of effortless resort-style living, where daily life is enhanced by feelings of relaxation, efficiency and exclusivity.

Premium Suites include private living areas, terraces and plunge pools. The Four Seasons hotel will offer 230 guest rooms including 31 Executive Suites and a Presidential Suite. All rooms and suites are generous in proportion and designed exquisitely in New York by Yabu Pushelberg. In line with the overall ethos of the development, the retail space will offer a premium lifestyle experience

presenting a comprehensive collection of exclusive names and quality brands, making it a unique shopping destination in Bangalore while the exclusive offices will be of an International Grade A standard.

Undoubtedly, the Embassy Four Seasons development will be the premium address for personal residences, corporate occupiers and exclusive events in Bangalore, conveniently located between the city and the airport. Embassy Group is indeed proud to be giving Bangalore its first Four Seasons experience!


3

RESIDENTIAL

A masterfully planned development, Embassy Grove is located off Old Airport Road, overlooking the KGA Golf course. Embassy Grove plays gracious host to rare privileges, exclusivity and green living. Where 106 elegantly designed 4 bedroom Duplex and 4 bedroom + study Triplex villaments come with their own garden terrace, private swimming pool and sun deck. Quite simply, the finest lifestyle space in the heart of the city. Embassy Grove features a professionally managed club house and spa, with a host of amenities.

The lifestyle of leisure is complemented by privileged membership to Quintessential-ly, a world-class concierge service with round- the-clock access to the inaccessi-ble. Designed for IGBC Green Homes Platinum pre-certification, Embassy Grove features a host of energy saving green features for long-term sustainability.

For those who share a passion for life and golf, Embassy Grove is par for the course.

EMBASSY GROVE - LUXURY VILLAMENTSTee off to a privileged lifestyle

Issue - 2 December 2014THE EMBASSY POST 5

“We find it refreshing to associate with Embassy Group, given their deep understanding of the construction business ombined with professionalism, transparency and an evolved sense of design and function”

Sankey Prasad CMD - Synergy

PARTNER UPDATE

Headquartered at Bangalore, Synergy is India’s leading Project Management Consultancy firm that is synonymous with quality, innovation and process. Even though the group started with project management consulting, they soon diversified into providing Design Services and Design & Build (Turnkey) solutions. Today, Synergy is pioneer in each of these areas and across various asset classes such as IT/SEZ/business Parks, hotels, multi-specialty hospitals, high-end residential and data centers. Synergy has a long-standing association with Embassy Group, having

successfully delivered numerous projects across diverse categories in various locations. Embassy GolfLinks Business Park, Embassy Lake Terraces, Hilton Residences all share the distinct Synergy touch. Speaking on the Embassy-Synergy partnership, Synergy Chairman & Managing Director Sankey Prasad said, “We find it refreshing to associate with Embassy Group, given their deep understanding of the construction business combined with professionalism, transparency and an evolved sense of design and function”.

EMBASSY PROJECTSIN ‘SYNERGY’ WITH FORM AND FUNCTION

THE EMBASSY POST

EMBASSY OFFICE PARKS

6Issue - 2 December 2014

Work in nature’s verdant lap AT EMBASSY TECHZONE PUNE

Covering over 68.05 acres, with a potential developable area of 5.5 million sft, of which 2.9 million sft is already completed, Embassy TechZone, Pune has been conceptualised as one of Pune’s finest IT business parks. While 52 acres will be designated as an SEZ, the rest of the development will house non-SEZ, IT activities. The development will implement a number of ‘green’ strategies, including an

integrated wastewater treatment plant while conserving and utilizing the natural streams running through the site. The world-class office buildings are oriented to maximize views of the woods and streams surrounding the development.

The campus is supported by a number of facilities, visitor's car parking, 24 hour ambulance service, ATMs and a

state-of-the-art training centre. The recently opened multi-cuisine food court offers refreshing beverages and lip-smack-ing food to satiate the veg and non-veg palate alike.

In 2014, we welcomed occupiers including Flextronics, Tech Mahindra, Volkswagen and Yash Technologies in addition to existing tenants including IBM, Siemens and Atos, to name a few.

THE EMBASSY POST 7

EMBASSY INTERNATIONAL


EMBASSY TECHZONE, SERBIABig plans on the anvil for Embassy Group

Our multi-phase development Embassy Techzone IT Park Indijija has been awarded the 1st ever LEED® Green Building Gold Certification in Serbia.

This development includes single and multi-tenant state-of-the-art offices across 10,000 m² spanning four office buildings, with the available office units from 650 sq m onwards.

Each slab has its own independent data room option with required power backup, UPS room, and a sanitary block with bathrooms and kitchen.

Unique, innovative and flexibly designed office blocks allow for a host of uses such as a Restaurant / Cafeteria, IT Academy, Virtual Offices, Flexible Offices, Corporate

Offices, and Retail areas. Ample parking, on site property management, catering facilities, and shuttle services are some of the amenities offered to tenants.

The IT Park at Indjija has been conceptu-alized as a business support and technolgy transfer initiative that will encourage and support the start-up and incubation of innovation-led, high-growth knowedge-based businesses.

Ramgopal Narayanan, CEO - “Lack of class 'A' office space in Serbia along with higher rental costs are giving us the edge in our negotiations at the moment. Apart from this we are offering free transport services - a model which is new to this part of the world. Our marketing activities are in full

swing and we should have our first tenants in the forthcoming months.”

The Embassy Techzone IT Park Indijija, is the first phase of our grander vision to create ETZ Teslagrad - a smart innovation-led, hi-tech and self-sustained economic and business township.

Serbia has one of the lowest corporate taxes in the region. Cheap electricity costs along with attractive labor costs, government subsidies etc, make this region a formidable platform for businesses with explosive growth potential.

Also, negotiations for Serbia to join the EU are progressing as per plan. This is an exciting yet challenging phase to bring our vision to fruition soon.

THE EMBASSY POST

EMBASSY SERVICES

SWACH BHARATH ABHIYAN EMBASSY SERVICES MAKES A CLEAN SWEEP.

8

A team led by Embassy Services initiated the plan to participate in the Swach Bharath Abhiyan-Clean India drive on 18th October 2014 from 7 AM to 12 noon. The scale of activity was massive, with 250 people, 10 vehicles and more than 1000 numbers of cleaning equipment deployed to clean the traffic signal lights, the main road, service road and median divider along a 4 km stretch from the Nagawara flyover to the Hebbal flyover.


Embassy Services, Bangalore taking forward our PM’s Swach Bharat campaign initiative from Nagawara flyover to Hebbal flyover

EDUCATION

IB LEARNER PROFILE ADVANTAGE STONEHILL INTERNATIONAL SCHOOL

THE EMBASSY POST 9

The IB learner profile is the IB mission statement translated into a set of learning outcomes. It provides a long-term vision of education that can inspire, motivate and focus the work at Stonehill and our


teachers, uniting us in a common purpose. Stonehill incorporates the IB Learner Profile in the classroom, and beyond, where the students are encouraged to nurture their Creative skills, scientific and

analytical skills, communication skills, inter-personal skills through independent exploration & enquiry. Honing them into honest, competent, confident and humane citizens of tomorrow.

Inquirers

Knowledgeable

Thinkers

Communicators

Principled

Open-minded

Caring

Risk-takers

Balanced

Reflective

As IB learners, Stonehill’s students strive to be:

Scholarships open to students of all nationalities for Grade 9 (M4), Grade 10 (M5) and Grade 11 (D1)

Introducing Stonehill Scholarship Awards in 2015

Interested applicants may contact the school’s Admissions Office: Tel: 9008307684E-mail: [email protected] For more information, please visit www.stonehill.in

Scholarship categories include Scholarship Awards with a boarding fee discount of 50% & Scholarship Awards with a tuition fee discount of between 50% to 100% of the published day fee. Application deadline for August 2015 entry is 31st December 2014.

THE EMBASSY POST

EMBASSY INTERNATIONAL RIDING SCHOOL

10Issue - 2 December 2014

Embassy International Riding School hosts FEI WORLD CHALLENGE & EPL GRAND FINALE

TEAM SWEDEN EMERGES CHAMPIONS AT MAIDEN EMBASSY INTERNATIONAL TRIATHLON 2014

The sprawling Embassy International Riding School was abuzz with equestrian activity at the FEI World Challenge for Dressage and Show Jumping in October which attracted professional riders from all over the world. The Grand Finale of EPL 05 on the 29th and 30th November was a weekend of fun, food and fascinating riders and spectator participation.

The inaugural edition of the Embassy International Triathlon 2014 was held at Stonehill International School on Novem-ber 30, 2014. Hosted by Embassy Office Parks, teams representing 12 different nations came together in a grueling test of speed and endurance.

The race started with a 750-meter swim made up of 30 lengths of a 25 meter pool at the Stonehill International School followed by a road based 20-km cycle ride.

The last leg consisted of a rugged 10-km cross country run through trails around the Embassy International Riding School.

Embassy Office Parks had organized the event in conjunction with ‘Specialized’ a major American brand of bicycles and related products to make it truly a world-class event.

In the mixed category which was the highlight of the event, Sweden bagged

first place, while the first and second runners up were India and Australia respectively.

There were exclusive prizes given to the winners and runners up of the races. Apart from the trophies, prizes included sporting equipment from the Specialized store and room nights at the Hilton Bangalore Embassy GolfLinks.

The Asian Games in Incheon was a great experience for the Embassy Sponsored riders. While Ajai and Fouaad finished 8th and 10th in eventing respectively, Nadia reached the final round of dressage. Overall, the riders had a good run. Although the team events did not result in a podium placing, India figured proudly on the international map.

EMBASSY SPONSORED RIDERS AT 2014 ASIAN GAMES

Embassy Triathlon, 2014 winners Sweden with first and second runners up, India and Australia respectively.

Winners at EPL 2014 Grand Finale

EMBASSY IN THE COMMUNITY


MASS MARRIAGES AT ADDIGANAHALLI With a little help from EmbassyJitu Virwani, Chairman & Managing Director, Embassy Group, Bangalore was kind enough to construct a Kalyana Mantapa at the premises of the Sri Patalamma Devi Temple at Addiganahalli Village, Bangalore North. This, with the vision that the public, particularly those who could not afford high rents elsewhere, will have a place to conduct their functions.

The Kalyana Mantapa, a 3-floor RCC Building, built at a cost of over 85 lakh rupees, also has chairs, a kitchen, a large dining hall and other facilities. The Kalyana Mantapa, aptly named Sri Patalamma Devi Kalyana Mantapa, was inaugurated by Jitu on 1st November 2007. A mass marriage of 21 couples was also arranged by him to mark the event, with thousands of local folk participating

in the festivities.

Jitu has since been sponsoring the annual mass wedding event in the month of November, with a total of 100 free marriages conducted till date.

The Kalyana Mantapa has been the venue of over 400 marriages with a very nominal fee charged for using the facilities.

Jitu Virwani, CMD Embassy Group and Karan Virwani, guests of honour at the mass marriage held at Addiganahalli Village

NEWS FLASH - News Bytes from Embassy.

DIWALI MELA @ EMBASSY RESIDENCY

Adi Pro Run

The first Diwali celebration was held at Embassy Residency, Chennai on 18th October 2014. The entire Phase I was lit up with colourful lights. The Celebrations commenced with a DJ playing some popular music while the little kids had a gala time dancing to the tunes. This was followed by a Magic Show, Laser Show and Fireworks. The event was attended by over 1500 people comprising families and friends of both Phase I and Phase II customers. Snacks, short eats and ice cream was served to all during the event.

Embassy GolfLinks conducted a 10 km run at its premises on 12th October named Adi Pro run, conceptualized by Adidas.

Commencing at 6:30 am the run witnessed over 300 plus enthusiastic participants in attendance.

Design by AQUARIUZ

Issue - 2 December 2014THE EMBASSY POST 12

JITU VIRWANI FEATURES IN FORBESINDIA RICH LIST Embassy CMD Jitu Virwani, moves from #70 in 2013, to #62 in the 2014 Forbes India Rich List with a net worth of $1.6 billion.

Some highlights:

Jitu lists amongst the top 5 from the real estate sector, and is the 7th youngest on the overall top 100 list. Truly an inspiration to the next generation of entrepreneurs to come.

Backed by long-standing relationships, loyal partners and dedicated employees, the Embassy Group contin-ues to “change horizons and expand landscapes”.

Congratulations Jitu!

www.embassyindia.com

A Diwali themed Mela was conducted at Stonehill International School on the 16th of October. The Mela extravaganza saw enthusiastic parents and teachers witness the traditional Rajasthani Kachi Godhi dance, Mehendi application, shop at the Baazar and taste authentic Indian food. The highlight of the event was kids dancing to traditional Indian songs combined with fabulous floral and fabric decorations to celebrate the festive occasion in the most colourful manner.

DIWALI MELA @ STONEHILL INTERNATIONAL SCHOOL

Real Estate

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