NOTICE TO THE MARKET
CCDI E RODOBENS LAUNCH FOURTH PHASE OF INNOVA SÃO
FRANCISCO IN OSASCO DUE TO UNPRECEDENTED DEMAND
Development for the Economic segment has estimated PSV of R$64.4
million and 400 units. The first two phases are sold out. Phase 3’s sales
stand at 75%.
São Paulo, April 1, 2008
For immediate release: Camargo Corrêa Desenvolvimento Imobiliário S.A. (Bovespa: CCIM3 - NM)
and Rodobens Negócios Imobiliários S.A. (Bovespa: RDNI3) hereby announce the following residential
launching:
INNOVA SÃO FRANCISCO – 4th Phase
Camargo Corrêa Desenvolvimento Imobiliário and Rodobens Negócios Imobiliários launched,
yesterday, the fourth phase of Innova São Francisco em Osasco, SP. This new phase has 400 units
of 57m², 65m2 and 74m² each. The units are priced between R$140 thousand and R$187
thousand. The project’s PSV is R$64.4 million (CCDI participation: R$32.2 million, or 50%).
Innova São Francisco is a condominium with complete leisure infra-structure. The entire
development is a 12-tower, 1,690 units complex with total PSV of R$230.4 million (CCDI’s stake:
R$115.2 million).
The two first phases of the Innova São Francisco, launched on December 28, 2007, had all its 868
units sold out in a few weeks. The speed of sales of the third phase of Innova maintained the
amazing pace of the first and second phases. Launched on February 29, 2008, the third phase was
75% sold on March 31, 2008. With the sales performance, Innova became one of the mostsuccessful real estate launchings in the São Paulo Metropolitan Area Market – ever.
ON CAMARGO CORRÊA DESENVOLVIMENTO IMOBILIÁRIO
Camargo Corrêa Desenvolvimento Imobiliário is one of Brazil’s largest developers of top quality residential and commercial
real estate across all market segments and a presence in various regions of the country. With a land bank estimated at R$
10.0 billion in Potential Sales Value (PSV), it has over a hundred sites available for development in the São Paulo
Metropolitan Region (including a 5.2 million-m2 plot of land in Caieiras), the country side and shoreline of the São Paulo
State, and in Rio de Janeiro, Belo Horizonte, Niteroi and Vila Velha. In 2007, the company launched projects totaling R$1.26
billion in Potential Sales Volume, a 180% growth over the total launched in 2006 (R$453.3 million). The Company has
controlling stake in HM Engenharia e Construções, a subsidiary to develop projects in the low-income segment, for units
priced at R$ 100,000 or under.
The Camargo Corrêa Group was in 1939, as a small construction company, which grew with Brazil and diversified its
interests. Today, the Group is structured in five main divisions – Engineering and Construction; Cement; Footwear, Textiles
and Steel; Public Concessions (Energy and toll-roads); Real Estate Development, Environment and Corporate. –, operates in
19 countries and employs over 51 thousand people.
ON RODOBENS NEGÓCIOS IMOBILIÁRIOS
Rodobens Negócios Imobiliários is a real estate developer with more than 16 years of experience. The company's focus is
cities with more than 150,000 inhabitants in the interior of Brazil. Since its foundation in 1991, the company launched 68
residential projects in 22 different cities of seven Brazilian states (SP, MG, RJ, PR, RS, CE, MT). The projects launched total
15,352 units and 1,674,189m2 of built area. Its main products are Sistema Fácil, Terra Nova and Plano Único. On January
31, 2007, Rodobens Negócios Imobiliários listed its shares on the Novo Mercado of the São Paulo Stock Exchange under
ticker symbol RDNI3.
Rodobens Negócios Imobiliários is part of Empresas Rodobens, founded in 1949 and one of Brazil’s 100 largest business
conglomerates. With a strong presence in the vehicle and real estate businesses, the group comprises auto dealerships,
truck and bus dealerships, consortium, insurance brokerage, auto and truck rental, banking, e-commerce, real estate
development, international businesses, and corporate satellite TV.
CONTACT INFORMATION
Camargo Corrêa Desenvolvimento Imobiliário S.A.
Rodobens Negócios Imobiliários S.A.
Investor Relations Area
E-mail: [email protected]
www.camargocorrea-ccdi.com.br/ri
Investors Relation Area
E-mail: [email protected]
www.rodobens-rni.com.br/ri
Tel.: (55 17) 2137-1752/4
Fernando Bergamin
[email protected]
Tel: (55 11) 3841-5880
This report contains future considerations relating to the business prospects, estimates of operational and financial results and the growth
prospects of Camargo Corrêa Desenvolvimento Imobiliário. These are mere projections and, as such, are based exclusively on the
expectations of the management of Camargo Corrêa Desenvolvimento Imobiliário in relation to the future of the business and its continuous
access to capital for financing the Company's business plan. Such future considerations depend, to a large extent, on changes in market
conditions, government rules, competition, performance of the sector and the Brazilian economy, besides the risks mentioned in the
disclosure documents filed by Camargo Corrêa Desenvolvimento Imobiliário and are, therefore, subject to changes without prior notice.