Mumbai, Thursday, 23 April 2020: ESR, APAC’S leading logistics & real-estate platform collaborated with MW Desai Hospital Mumbai, a COVID-19 dedicated hospital to donate a multi-functional emergency ventilator to help fight novel coronavirus outbreak in the country.
In the view of this development, Abhijit Malkani & Jai Mirpuri, Country Head, ESR India said, “As an organization that stands for the principles of business with a humane approach, ESR is committed to work together with the people of India in this hour of difficulty. We pursue a sustainable approach to the environment, as well as proper consideration of our social and economic responsibilities to the wider community. This collaborative initiative is designed to help those in need and contribute to society, at this critical juncture in a positive way. We will further monitor the situation and accordingly align our CSR endeavors to help fight this pandemic.”
Countries across the globe are facing unprecedented shortages of healthcare supplies needed to combat the novel coronavirus pandemic. Multi-Function ventilators, which are used to combine all critical therapies for medication delivery (oxygen and nebulizer) and secretion management provide unique advantages to manage Mass Casualty Respiratory Failure (MCRF) events by facilitating better care for more patients and reducing the drain on critical space, staff, and supply resources. Ventilators remain in short supply globally and are at this point being directed by central and state governments to the highest-need facilities like hospitals and clinics.
A spokesperson from MW Desai Hospital said, “On behalf of all the hospital staff, I would like to extend our gratitude to ESR for the much-needed ventilator in the wake of the coronavirus pandemic. While these are extraordinary times, ESR’s contribution will help in facilitating better care of the patients. I sincerely thank all the organizations that bear the responsibility of procuring and distributing emergency medical supplies. We are incredibly grateful for their support and dedication to the health and wellness of our community”
ESR is the largest Asia-Pacific focused logistics real estate platform by gross floor area (GFA) and by value of the assets owned directly and by the funds and investment vehicles it manages. Co-founded by its senior management team and Warburg Pincus, ESR and the funds and investment vehicles it manages are backed by some of the world’s preeminent investors including APG, SK Holdings, JD.com, CLSA, Goldman Sachs, CPPIB, Ping An and Allianz Real Estate. The ESR platform spans across the People’s Republic of China, Japan, South Korea, Singapore, Australia and India. As of 30 September 2018, the fair value of the properties directly held by ESR and the assets under management with respect to the funds and investment vehicles managed by ESR exceeded US$14 billion, and GFA of properties completed and under development as well as GFA to be built on land held for future development stood at approximately 11 million square meters in total.