Signature · Developer · São Paulo
Tellus
The asset manager that enters residential real estate through the capital side: R$7 billion under management in real estate assets, and a stake chosen project by project.
Who it is
Tellus is an investment manager 100% focused on real estate assets, with more than eighteen years in the market and around R$7.06 billion under management. It operates across several stages of the chain — origination, structuring, acquisition, development and management — with six private equity funds and four funds listed on B3 (TEPP11, TRBL11, TELM11 and EDFO11). The funds’ portfolio spans corporate, industrial, logistics, residential, mixed-use and healthcare projects.
Product vision
- Positioning: institutional capital in partnership with operating developers. In ultra-high-end residential, it comes in as a stakeholder, not as the developer — the development itself stays with the partner.
- Differentiators: active management of the properties, a declared alignment of interests with investors and partners, and the discipline of a listed fund (transparency and CVM filings) applied to a market that usually operates behind closed doors.
Launches
- Pinna 5109 (Jardim Paulista), developed and delivered by SDI Desenvolvimento Imobiliário, designed by Studio Marcio Kogan (MK27).
Signatures in the portfolio
No development in the collection carries this signature yet — it is here for the weight of the name in São Paulo's high end.

