NEW YORK--(BUSINESS WIRE)--GTIS Partners LP (“GTIS”), a real estate private equity firm headquartered in New York City, with offices in São Paulo, Los Angeles, San Francisco, Atlanta, Paris and Munich, today announced that its first Brazil fund has been recognized as 2015’s #1 most sustainable private equity real estate investment fund in South America by the Global Real Estate Sustainability Benchmark (GRESB).
“GTIS Partners is setting the standard for ESG leadership among South American private equity real estate investors,” said Nils Kok, GRESB CEO. “As the GRESB 2015 South American leader and a GRESB 2015 Green Star, GTIS Partners provides a strong model other real estate funds can aspire to across the continent."
“As one of the largest investors in Brazil, we take pride in being a sustainability leader, and demonstrating our commitment to South America and its future,” said Josh Pristaw, Senior Managing Director and Co-head of Brazil Acquisitions, Asset Management & Portfolio Management at GTIS Partners. “We understand sustainability is a priority for many of our investors, and we’re pleased to be recognized for making it our priority, too.”
“GRESB data has grown to be a powerful tool for institutional investors looking to make a difference,” said João Teixeira, Senior Managing Director and Co-Head of the Brazil Office at GTIS Partners. “Sustainability has been a priority of ours since the beginning, so we’re excited to participate.”
GTIS Partners has been actively investing in Brazil real estate since 2005, making it one of the first firms to recognize the potential of the country’s real estate markets. The firm is one of the largest foreign real estate investors in Brazil, with approximately $1.6 billion USD committed to the country.
GRESB is an industry-driven organization committed to assessing the sustainability performance of real estate portfolios (public, private and direct) around the world. The dynamic benchmark is used by institutional investors to engage with their investments with the aim to improve the sustainability performance of their investment portfolio, and the global property sector at large. GRESB covers about $6.1 trillion of institutional capital, $2.3 trillion of property value and 61,000 assets across the globe.
About GTIS Partners
GTIS Partners is a global real estate investment firm headquartered in New York with offices in Los Angeles, San Francisco, Atlanta, São Paulo, Brazil, Paris, France, and Munich, Germany. GTIS Partners has 79 employees and currently has approximately $3.2 billion of assets under management. To date, the firm has committed capital to residential, retail, industrial, office, hotel and mixed-use projects in the U.S. and Brazil. In the U.S., GTIS has invested in over 75 projects across 19 states, including 57 projects in the residential sector. In Brazil, GTIS has invested in 90 assets comprised of approximately 13,000 residential units, 530,000 square meters of office and industrial space, and over 9,800 hotel rooms acquired, managed, or under development. By combining hands-on real estate expertise with a disciplined investment approach, GTIS Partners helps create value for its investors and partners. The firm pursues opportunistic real estate investments through direct equity investment and non-traditional lending activities and the firm relies on macro-research as well as the hands-on industry knowledge of its experienced investment and asset management teams. For further information, please visit www.gtispartners.com.
