NEW YORK, May 21, 2021 / PRNewswire / – GTIS Partners (“GTIS”) today announced that it has been recognized as a 2021 “Gold” level company by Green Lease Leaders, a program hosted by the Institute for Market Transformation (IMT) and the US Department of Energy (DOE). The announcement was made by Maria Vargas, chief of the US Department of Energy, during the Top of better buildings, better plants.
Launched in 2014, Green Lease Leaders sets national standards for what constitutes a green lease, while recognizing landlords and tenants who are modernizing their leases to stimulate collaborative action on energy efficiency, cost savings, quality of air and sustainability in buildings.
GTIS has achieved Gold level recognition by meeting a series of requirements, including covering the cost of capital improvements to improve energy and water efficiency, tracking water use and energy in common areas and using best energy management practices.
“We are extremely pleased to be recognized for our dedication to the environment by the DOE and IMT,” said Josh pristaw, Senior Managing Director, Head of Capital Markets and Co-Head of Brazil at GTIS Partners. “ESG has become a key objective of GTIS and our stakeholders, and we are very focused on the importance of our role in social and environmental stewardship and on the impact of our real estate investments on the environment and surrounding communities. ethical business practices and we plan to further extend and refine our approach to ESG investing in the future. ”
GTIS was also recently recognized by the Global Real Estate Sustainability Benchmark (“GRESB”) as the top three most sustainable investment funds in South America.
GTIS is proud to be part of a larger national trend towards green leases in commercial spaces. This year’s Green Lease Leaders represent portfolios totaling over 2 billion square feet and include a diverse range of buildings ranging from large and small commercial offices to industrial buildings to data centers. In total, the Green Lease Leaders manage over 4 billion square feet of commercial and government space, representing enormous potential for green lease growth. IMT estimates that green leases can help reduce utility bills by around 50 cents per square foot (22%) in US office buildings alone, and if all leased office buildings were on green leases, the market could reap some $ 3 billion in annual cost savings.
About GTIS partners
GTIS Partners is a leading real asset investment and development company headquartered in new York with offices in São Paulo, San Francisco, Los Angeles, Atlanta, Paris and Munich. The company was founded in 2005 by Tom shapiro and is managed by the president Tom shapiro and senior general managers Thomas feldstein, Josh pristaw, João Teixeira, Rob vahradian and Amy boyle. The firm manages more $ 4 billion in gross assets and is active in a wide range of real estate sectors including single and multi-family housing, offices, industry / logistics and hospitality as well as investments in renewable energy infrastructure and areas of opportunities. The company invests at various points of the capital structure, including credit, common stocks and structured stocks. In the United States, GTIS has invested in more than 130 assets in 40 unique markets, including growth areas such as Phoenix, Dallas, Houston, Denver, Atlanta, Tampa and Charlotte. In Brazil, GTIS is one of the largest real asset private equity firms with stakes including investments in office, residential, logistics, hospitality and renewable energy. São Paulo’s main assets include the Infinity office building and the Palácio Tangará, a five-star resort-style hotel.
For more information, please visit www.gtispartners.com.
Steve bruce / Mary beth grover
[email protected] / [email protected]
SOURCE GTIS partners