GTIS Brazil Real Estate Fund Ranked Number 1 in South America for Sixth Consecutive Year
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 the GTIS Brazil Real Estate Fund (“GTIS Brazil Real Estate Fund I”) has been recognized as 2020’s most sustainable private equity real estate investment fund in South America by the Global Real Estate Sustainability Benchmark (“GRESB”). This is the sixth 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. Additionally, all three GTIS Brazil funds received five out of five stars and ranked first in their respective peer groups based on property type concentration.
GRESB reviewed in 2020 more than 1,200 property companies, real estate investment trusts (REITs), funds, and developers, finding that GTIS consistently outperformed its peers, in part due to an investment process and company culture that centers around ESG considerations.
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