Candor TechSpace Thursday, July 25, 2019 7:10PM IST (1:40PM GMT)   Candor TechSpace Organises Workspace Efficiency Summit on Indoor Air Quality, Installs Advanced Air Purifying Systems In Its Projects in Association With Honeywell   New Delhi, Delhi, India Candor TechSpace, the leading provider of IT/ITES office spaces, has today held a Workspace Efficiency Summit on Indoor Air Quality (IAQ) at Taj Mahal Hotel, New Delhi.  

  • Provides a safe and healthy working environment through the circulation of cleaner indoor air
  • Improves cognitive performance of the brain to ramp up employee productivity

Candor TechSpace, the leading provider of IT/ITES office spaces, has today held a Workspace Efficiency Summit on Indoor Air Quality (IAQ) at Taj Mahal Hotel, New Delhi. The summit aimed at creating awareness about the impact of poor air quality on employee health and productivity among -corporations. An employee spends 90% of the time inside workplaces1, and the intake of deteriorating indoor air may lead to sick building syndrome (SBS), which causes nose, eye, throat, and skin irritation along with breathing difficulties and headaches2.
 
Poor indoor air quality is a burgeoning issue and leads to significant costs to both the company and its employees, mainly in the form of healthcare expenses, sick leave and lost productivity. To address this serious concern, Candor TechSpace, managed by Brookfield Properties, has collaborated with Honeywell, a global leader in connected buildings with a comprehensive range of indoor products that help purify air in environments where people spend most of their time – at home, in cars, and now, in buildings like office spaces. Through this strategic partnership, Candor TechSpace will be installing Honeywell’s Electronic Air Cleaners (EACs) in all its future office campuses; it also encourages HR departments to create policies that ensure a safe working environment for employees.
 
Indoor air quality can be up to 10 times worse than outdoor air quality3 and yet is invisible to the naked eye. Since modern buildings and workspaces are becoming increasingly airtight, they trap pollutants flowing in through office equipment and eventually enter the office ambiance. Many people are not even aware that bad indoor air quality can have an adverse effect on the ability to make quick decisions, limit the cognitive performance of the brain, and eventually take a toll on employee productivity at work.
 
From a long-term perspective, this can engender serious repercussions on a company’s bottom line and the overall business. Candor TechSpace addresses this concern by leveraging advanced air purifying systems of Honeywell and thus ensuring maximum employee productivity at their campuses.
 
Alok Aggarwal, Managing Director & CEO – India Office Business, Brookfield Properties: commented, “Deteriorating indoor air quality has a significant impact on employee wellbeing and productivity. At Brookfield Properties, we understand the evolving needs of the workspace requirements and as the strategic workspace partners to the many global organisations we are committed to provide healthier workspaces.”
 
To address this concern, we collaborated with Honeywell and will be installing highly efficient “electronic air purifying and monitoring system” in our Candor TechSpace campuses. With this collaboration, we strongly believe that this effort will address the critical issue and will ring in higher productivity, healthier work life balance, and enhanced comfort for our occupiers.
 
Speaking at the event, Piyush Arora, Director, Strategy and Marketing, Honeywell India said, “We are delighted to partner with Candor TechSpace. We are committed to creating awareness about how a healthy and productive work environment is a key element of any green, sustainable building. Through our joint efforts, we aim to improve the Candor TechSpace campuses and make them cleaner, greener and more efficient.”
 
A Brookfield Properties venture, Candor TechSpace is the most promising brand in India that has created world-class IT, ITES and SEZ campuses across India. Since its inception, it has been at the forefront of improving the employee wellbeing by leveraging technological advances at its campuses. The company has stayed committed to providing a safe and healthy workspace to the occupiers that would help boost their productivity levels and encourage them to deliver quality in every task they shoulder. The joint move by Candor TechSpace and Honeywell will help employees perform better across their campuses while improving indoor air quality at workspace.
About Candor TechSpace
 
Candor TechSpace (www.candortechspace.com) is a venture of Brookfield properties (www.brookfieldproperties.com) in India and the most promising brand in India offering IT/ITES workspace solutions. Candor TechSpace is been incepted under the aegis of Brookfield properties – a fully integrated, global real estate services company, providing industry-leading development and portfolio management for Brookfield Asset Management’s real estate investments. Managing a portfolio of iconic properties located in the most dynamic and resilient markets.
 
Candor TechSpace provides state-of-the-art and Built-to-suit office spaces at prime locations across the country, with five assets in its portfolio in Gurgaon, Noida, and Kolkata. Currently occupying a footprint of 13.87 million sq ft, the company aims to reach a total potential of 20.7 million sq ft. being a strategic partner to the Global organizations Candor TechSpace is committed towards creating workplace solutions keeping people at the Centre. All the campuses are working towards IGBC Platinum LEED certifications for operational buildings , universal accessibility, indoor air quality management systems, shared mobility solutions, thematic landscaping with art installations. All the campuses are also facilitated with world-class amenities such as daycare facilities, Food court, Base Kitchen to serve client’s cafeteria, Concierge desk, convenience shopping, pharmacy, gymnasiums to name a few. The new upcoming towers will reflect “New Design Thinking” in the product innovation and focus on creating a sustainable environment thus offering hassle free workspace.

Recognized as a distinguished player in the commercial real estate, Candor TechSpace prides in having 100% control over all its assets and providing in-house teams to facilitate seamless end-to-end solutions for leasing, projects and facilities management.
 
About Honeywell Building Technologies
 
Honeywell Building Technologies (HBT) is a global business with more than 23,000 employees. HBT creates products, software and technologies found in more than 10 million buildings worldwide. Commercial building owners and occupants use our technologies to ensure their facilities are safe, energy efficient, sustainable and productive. For more news and information on Honeywell Building Technologies, visit http://www.honeywell.com/newsroom.
 
About Honeywell
 
Honeywell (www.honeywell.com) is a Fortune 100 technology company that delivers industry specific solutions that include aerospace products and services; control technologies for buildings and industry; and performance materials globally. Our technologies help everything from aircraft, buildings, manufacturing plants, supply chains, and workers become more connected to make our world smarter, safer, and more sustainable. All of Honeywell’s global businesses have a strong legacy in India, built over the last eight decades. Honeywell’s India commitment is evident in three state-of-the-art manufacturing and engineering operations, and five global centres of excellence for technology development and innovation. Honeywell employs close to 13,000 people across 50 locations including Bengaluru, Chennai, Delhi, Gurugram, Hyderabad, Madurai, and Pune. For additional information on Honeywell India, please visit https://www.honeywell.com/worldwide/en-in.

*1 indoor.lbl.gov/sites/all/files/lbnl-47713.pdf
*2 https://www.epa.gov/indoor-air-quality-iaq/indoor-air-pollution-introduction-health-professionals#health-sbs
*3 https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4215499/

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Image Caption : From left to right: Shantanu Chakraborty, Sr. Vice President, Brookfield Properties, Kashish Kapoor, AVP & Head-HR, NEC Technologies, Sanjeev Sethi, Sr. Director, Employee Workplace solutions, Adobe, Piyush Arora, Director-Strategy & Marketing, Honeywell India, Brigadier Harpreet S Kaura, Executive Director, National Administration, KPMG click for high-res image