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Rodobens Launches Its Second TERRA NOVA in Midwest Brazil

Posted : Tue, 22 Jan 2008 12:16:28 GMT
Author : Rodobens Negocios Imobiliarios S.A.
Category : Press Release
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SAO JOSE DO RIO PRETO, Brazil, Jan. 22  /PRNewswire-FirstCall/ -- Rodobens Negocios Imobiliarios S.A. (Bovespa: RDNI3) announces the launching of the 1st phase of the gated community of single-family homes TERRA NOVA RONDONOPOLIS, in the city of Rondonopolis/MT, an important city in the interior of Midwest Brazil.
The Terra Nova Rondonopolis is also the 2nd project launched by Rodobens in year 2008, the 9th project with the Terra Nova brand, and the 66th residential project launched by Rodobens since its foundation.
The total project is planned to have 714 homes in total, in two phases of launching. The 348 homes of the 1st phase are being sold at a total price from R$68,500 to R$97,000, with monthly installments from R$418 to R$592.
The 714 homes of the total project will be built with concrete molded on site, in a process with high speed of construction and quality. The delivery of the 1st phase is scheduled for 14 months from launching.

PROFILE: TERRA NOVA RONDONOPOLIS -- Type: Gated community of single-family homes -- Number of units: 714 in total, being 348 units launched in the 1st phase -- Total potential sales value launched: R$28.2 million (1st phase only) -- Rodobens' share of the project: 100% -- Estimated delivery: March/2009 (1st phase) Characteristics of the units -- Built area: 47m(2), 58m(2) and 67m(2) -- 2 or 3 bedrooms, including 1 suite -- 2 garage parking slots
Profile -- Rodobens Negocios Imobiliarios 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 66 residential projects in 20 different cities of seven Brazilian states (SP, MG, RJ, PR, RS, CE, MT). The projects launched total 14,736 units and 1,634,112m(2) of built area. Its main products are Sistema Facil, Terra Nova and Plano Unico. On January 31, 2007, Rodobens Negocios Imobiliarios listed its shares on the Novo Mercado of the Sao Paulo Stock Exchange under ticker symbol RDNI3. For more information, please visit our website at http://www.rodobens-rni.com/ir.
Rodobens Negocios Imobiliarios S.A.


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