GTIS Brazil Real Estate Fund Ranked Number 1 in South America for Eighth Consecutive Year. Firm Highlights ESG Commitments with Diversity in Action Initiative, Releases 2021 Corporate Sustainability Reports
GTIS Partners (“GTIS”), a global real estate investment firm managing in excess of $4.3B in gross assets with a U.S. focus on residential and industrial/logistics investments, today announced that the GTIS Brazil Real Estate Fund I has been recognized as 2022’s most sustainable private equity real estate investment fund in South America by the Global Real Estate Sustainability Benchmark (“GRESB”). This is the eighth consecutive year the fund has been ranked number one by GRESB.
The GRESB assessment is a leading global real estate ESG benchmark that assesses the ESG performance of selected funds and benchmarks the results as compared to funds in their peer groups. GTIS Brazil Real Estate Funds III and II took second and fourth-place honors, respectively. GRESB also awarded two new accolades to the firm this year, naming GTIS Brazil Fund I as a Regional Sector Leader, Americas, Office and a Regional Non-listed Sector Leader, Americas, Office.
Additionally, the firm reported that its multi-family and office properties in the GTIS U.S. Property Income Partners fund received an ENERGY STAR rating of 84, in comparison to the average of 75. ENERGY STAR certified buildings save energy and money, and help protect the environment by generating fewer greenhouse gas emissions than typical buildings. To be certified as ENERGY STAR, a building must meet strict energy performance standards set by EPA.
You can now read the full press release at the link below