GTIS Brazil Real Estate Fund Ranked Number 1 in South America for Seventh Consecutive Year
GTIS Partners (“GTIS”), a real assets investment firm that manages in excess of $4 billion in gross assets, today announced that the GTIS Brazil Real Estate Fund I has been recognized as 2021’s most sustainable private equity real estate investment fund in South America by the Global Real Estate Sustainability Benchmark (“GRESB”). This is the seventh consecutive year the fund has taken the top ranking. GTIS Brazil Real Estate Funds III and II took second and third-place honors, respectively, rounding out the top three.
The 2021 GRESB survey saw the largest ever total participation, with 1,520 real estate entities submitting globally, up 24% from 2020. This is the highest percentage increase GRESB has seen since 2012 and the highest ever increase in total submissions. As of 2021, GRESB now covers $5.7 trillion of AUM (up from $4.8 trillion in 2020) and nearly 117,000 individual assets.
As one of the largest foreign real estate investors in Brazil, GTIS has committed more than $2.4 billion of equity to its Brazil platform. The firm has been actively investing in Brazil real estate since 2005, and has been participating in the GRESB survey for its Brazil funds since 2012, making it one of the first institutional investors in Brazil to recognize the importance of sustainability and governance.
You can now read the full press release at the link below