PGGM and APG commit to GTIS Brazil fund.

Two Dutch investors joined other five LPs to explore realty opportunities in Brazil.

PGGM and APG Asset Management each commits $250 million to GTIS Partners’ third Brazil-focused fund, GTIS Brazil Real Estate Fund III.

The fund targets offices and industrial properties in São Paulo and Rio de Janeiro.

Platinum subscribers may click here (PGGM, APG Asset Management) for the full profiles of the two firms, including key contacts, allocation strategy and fund investments.