USA
Strategy metric information as of 6/30/2024
Build-to-Rent
GTIS created an internal platform, Tavalo Communities, to self-develop Build-to-Rent projects across the US; at present, there are eight such communities. With a focus on product innovation, flexibility, and relative affordability, GTIS’ investment strategy merges the most attractive features of for-sale and multi-family living while providing an alternative to ownership against backdrop of rising interest rates.
- Assets
- Units
- $Min total project cost
Tavalo at Cadence, Phoenix, AZ
197-unit bungalow style single-story homes for a single family rental community developed as the last phase of a master-planned community near the entrance of the Cadence Master Plan
Land Development and Home Building
GTIS has an extensive track record of investing in land development and home building projects across the “Smile” markets in the US post-GFC. GTIS acquires larger land parcels that are outside of the builders’ investment appetite (mostly due to the ‘land-light’ operating model adopted after the crisis), completes master planning and land development, and sells lots to homebuilders or constructs and sells homes to final buyers. The single family for-sale strategy is focused on targeted markets and assets with existing entitlements that would allow us to commence or restart activity in the near term and deliver new product to demonstrated current demand and pricing, with above average development margins.
- Assets
- Units
- $Bin total project cost
Sereno, Tampa, FL
280-acre residential land parcel in Tampa, FL zoned for 661 single family homes. Location has high visibility and accessibility to the submarket’s primary roads and retail corridors
Multi-Family
GTIS invests directly and with experienced partners in ground-up development and value-add multi-family opportunities in markets with robust prime renter cohort growth. Market selection is key, and GTIS focuses on supply constrained sub-markets close to strong job generators and amenities.
- Assets
- Units
- $Bin total project cost
Waters Edge, Dallas, TX
A 582-unit Class A multifamily complex located in the Las Colinas/Irving employment hub
Logistics
GTIS’ industrial focus is on self-development and acquisition of modern warehouse and distribution assets to meet local tenant requirements in strategic distribution hubs or population centers across the US Sunbelt. With a focus on 250,000-850,000 square foot projects, GTIS pursues specialty real estate sectors demonstrating strong fundamental dynamics.
- Assets
- $Bin total project cost
Goodyear Airport Logistics Center
Development of 490,320 SF of Class A industrial distribution space on 30.3 acres of developable land located in Goodyear Gateway South, a 221-acre master-planned industrial park directly north of the Goodyear Airport in the largest industrial sub-market in Phoenix
Opportunity Zones
Opportunity Zones are designated, under-capitalized areas within the US that could benefit from economic development and job creation. The program provides investors with qualifying capital gains benefits in the form of tax deferral, reduction and elimination through investment in ground-up real estate development and redevelopment.
- Assets
- $Bin total project cost
Symphony Park
Symphony Park, a 324-unit multifamily development, is located on a 5.25-acre opportunity zone site in the Symphony Park master plan in Downtown Las Vegas. First phase of a larger mixed-use master plan promoted by the city, located across the street from the World Market Center site developed by Blackstone and includes a large outdoor park, performing arts center and children’s museum.
Brazil
Strategy metric information as of 6/30/2024
Office
GTIS’ office focus in Brazil is on building state-of-the art, Class A buildings concentrated in the heart of Faria Lima, the premier office district in São Paulo, and in Rio, the most liquid markets in Brazil. These areas are where multinational companies are the leading source of demand resulting in above average occupancy and rent growth, even during the most recent COVID-related downturn. With deep in-house development capability, GTIS predominantly pursues ground-up development with some limited acquisitions of buildings were we can add value.
- Assets
- R$Bin total project cost
Infinity, São Paulo, Brazil
Class A corporate office tower on a 2.2 acre site featuring 35,000 sqm of leasable area, in the heart of Faria Lima, the premier office district of São Paulo. Designed by Kohn Pedersen Fox to highest corporate standards, and has achieved a LEED Gold certification.
Logistics
Driven by growth in e-commerce, GTIS pursues the development of Class A distribution centers and last‐mile fulfillment centers primarily in São Paulo in areas with good transportation access to large population nodes and the highest efficiency standards.
- Assets
- R$Min total project cost
CA 35, Cajamar, Brazil
A 153,975 sqm Class A logistics facility located in the Cajamar industrial sub-market, off the Anhanguera Highway, in close proximity to both the Rodoanel Ring Road and Viracopos International Airport, one of Brazil’s largest cargo airports.
Residential
Over the last 15 years, GTIS has developed a range of affordable, middle-income and high-end residential properties primarily in São Paulo, where there is a deep demand base. Structural factors, such as strong population growth, continued urbanization, rising living standards and a large housing deficit contribute to demand for housing that is less sensitive to economic cycles and supported by affordable housing finance programs.
- Assets
- Units
- $Bin total project cost
Seridó, São Paulo, Brazil
Two-tower residential condominium of 128 luxury units, open terraces, private service areas, with extensive amenities. Located in Jardim Europa, one of São Paulo’s most desirable residential neighborhoods, near a municipal park and two of the city’s premier sports and social clubs.
Hotels
Within the hospitality sector, GTIS has focused its strategy primarily on acquiring and developing in locations that will benefit from future growth. GTIS believes that there are opportunities for redevelopment and rebranding existing hotels in the luxury hotel segment that benefit from international corporate travel demand, for which supply remains limited.
- Assets
- R$Bin total project cost
Palacio Tangara, Sao Paulo, Brazil
A luxury hotel with 141 rooms, fitness center, indoor and outdoor swimming pool and spa facilities structure located in Burle Marx Park, considered one of the best parks in São Paulo.