GID International Group was launched in 2006 to grow and diversify GID’s investment portfolio globally. We engage in international real estate investing and seek above-average, risk-adjusted returns by investing in vertically integrated real estate operating companies and development projects in high-growth international markets. In addition to providing equity and preferred equity to joint venture development projects, we have also invested in companies that provide structured financing, asset management and development services in Brazil and India. Seeking to capitalize on the rapid demand for middle income housing and mispriced risk in emerging markets, we have provided funding for several real estate ventures and have approximately three million square feet of residential development underway in Brazil and India. We continue to pursue additional investment and development opportunities in emerging markets including Brazil, selected South American countries and India.

Kenneth A. Munkacy

Senior Managing Director