Fortem Capital Leads the Way in Sustainable Development
Fortem Capital has made an impressive mark on sustainable urban development by announcing a significant achievement that sets a new standard in Mexico’s real estate landscape. Recently recognized by the U.S. Green Building Council, one of its projects received the coveted LEED for Communities: Plan and Design v4.1 certification at a Gold level. This comes after a showcasing at the notable Greenbuild International Conference & Expo held in Los Angeles, marking a pivotal moment in Fortem Capital’s journey.
A New Benchmark for Investment in Latin America
This certification places Fortem Capital’s approach to investment as a pioneering model in Latin America. The firm emphasizes the importance of intertwining financial success with social and environmental responsibility throughout the real estate investment cycle. With their forward-thinking strategies, they aim at sustainable growth that positively influences communities.
Innovative Community Design
Located in the metropolitan area of Mexico City, the 88.5-acre development stands out not only for its size but also for its comprehensive design integrating residential, multifamily, and commercial spaces, complemented by over 807,000 square feet of inviting public parks. Such design principles reflect Fortem Capital’s dedication to ensuring lasting economic, social, and environmental benefits.
Leadership Statements
Ignacio García de Quevedo, Managing Director of Fortem Capital, shared insights into their investment philosophy: "Our aim is to create enduring value that encapsulates economic, environmental, and social aspects. This recent certification is a testament to our commitment to responsible investment that contributes to better community living conditions."
Advanced Environmental Features
The development has incorporated state-of-the-art environmental features, including a zero-discharge water system complete with two treatment plants capable of recycling 100% of water used in irrigation. Furthermore, the project boasts LED lighting, fiber-optic connectivity, and independent drainage systems that underscore a commitment to modern, environmentally-conscious living.
Creating Value for Communities
Bernardo Fernández Cueto, Executive Director of Latitud 23 Developments, remarked on the significance of having a clear and sustainable vision guiding the developmental journey. He emphasized the goal of creating communities that not only address real housing needs but also generate substantial value for the people, the environment, and the broader cities.
Institutional Support and Strategic Integration
Strong support from institutional investors has been crucial in fortifying their responsible real estate development model. This collaborative approach elevates Mexico's position as a leader in adopting international sustainability standards in the real estate sector.
Miguel Sánchez Navarro, Chairman of Fortem Capital, elaborated on the advantages of their vertically integrated platform, highlighting its effectiveness in aligning investment management with development strategies. "This alignment fosters consistent performance and lasting value, prevails through all of our initiatives."
Commitment to Balanced Value Creation
Fortem Capital's commitment to its integrated investment strategy drives home the message of Building Value in Every Investment. Recognizing that authentic value stems from balancing economic performance with environmental and social stewardship, Fortem remains steadfast in its mission to create investments that make a meaningful difference.
About Fortem Capital
Fortem Capital is a leading real estate fund manager, boasting over $750 million in capital raised through various public and private channels. Focusing on high-conviction investments in hospitality, residential, and industrial sectors across Mexico, Fortem employs a vertically integrated model backed by local expertise and strict institutional discipline. The firm is a proud signatory to the Principles for Responsible Investment, adhering to values of Transparency, Integrity, Responsibility, Teamwork, and Commitment to Sustainability.
About Latitud 23 Developments
Latitud 23 Developments stands as a prominent real estate developer with a focus on hospitality, residential, and industrial projects throughout Mexico. In collaboration with local partners, they have cultivated over 2.5 million square meters of land and constructed more than 300,000 square meters of built space, ultimately establishing a sustainable, authentic development model. Their portfolio is diverse, featuring two lifestyle hotels, 1.2 million square meters of residential developments housing over 2,740 homes, and extensive urbanized industrial land.
Frequently Asked Questions
What is the significance of the LEED certification for Fortem Capital?
The LEED certification exemplifies Fortem Capital's commitment to sustainable and responsible development, recognizing their project as the first in Mexico to achieve such a high standard.
Where is the LEED certified development located?
The development is situated in the metropolitan area of Mexico City, incorporating various community features.
What innovative features does the development include?
The project includes a zero-discharge water system, LED lighting, and fiber-optic connectivity, promoting environmental responsibility.
How does Fortem Capital ensure sustainable investment?
Fortem Capital practices an integrated investment model that links financial success with social and environmental impacts throughout the real estate investment cycle.
What are the core values of Fortem Capital?
Fortem Capital adheres to values of Transparency, Integrity, Responsibility, Teamwork, and Commitment with Sustainability in all their endeavors.
