Gafisa S.A. operates as a homebuilder serving the Brazilian market. The company’s brands include Tenda, which serves the affordable entry-level housing segments; and Gafisa, which offers various residential options to the mid to higher income segments. In addition, the company provides construction services to third parties. Real Estate Activities The company’s real estate business includes various activities, such as developments for the sale of residential units; land subdivisions (also known as residential communities); commercial buildings; construction services to third parties; and sale of units through its brokerage subsidiaries, Gafisa Vendas Intermediação Imobiliária Ltda. (Gafisa Vendas) and Gafisa Vendas in Rio de Janeiro (Gafisa Vendas Rio), jointly referred to as ‘Gafisa Vendas’. The company’s developments for sale are divided into three categories, such as residential buildings, land subdivisions, and commercial buildings. Residential Buildings In the residential buildings category, the company develops three main types of products, such as luxury buildings targeted at upper-income customers; buildings targeted at middle-income customers; and affordable entry-level housing targeted at lower-income customers. Luxury Buildings: Luxury buildings have approximately 180 square meters of private area, approximately four bedrooms and three parking spaces. The development usually includes swimming pools, gyms, visitor parking, and other amenities. Middle Income Buildings: Buildings targeted at middle-income customers have accounted for the majority of the company’s sales. Units usually have between 90 and 180 square meters of private area, three or four bedrooms and two to three underground parking spaces. Buildings are usually developed in large tracts of land as part of multi-building developments, and to a lesser extent, in smaller lots in attractive neighborhoods. Affordable Entry-Level Developments: Affordable entry-level housing consists of building and house units. Units usually have between 42 to 60 square meters of indoor private area and two to three bedrooms. Land Subdivisions under Gafisa Brand The company develops residential land subdivisions for sale upon which residential buildings could be developed. Land subdivisions under the company’s Gafisa brand are usually smaller than Alphaville residential communities and do not include some of the facilities available in Alphaville residential communities, such as various amenities, shopping centers, and schools. The company usually provides the infrastructure for a given land subdivision planning, such as the electric, water and sewage systems, paved streets, and common recreational areas. The company’s land subdivisions are typically located in affluent suburban areas close to major highways leading to the states of São Paulo and Rio de Janeiro. Commercial Buildings In 2012, the company launched two commercial buildings, such as SAO Square - Way and SAO Square Gate – Gafisa. In 2013, the company launched two commercial buildings, such as Axis Business Tower and Laguna Mall. Construction Service The company provides construction services to third parties, building residential and commercial projects for some of the major developers in Brazil. The company’s major construction services clients are large companies, majority of them developers that do not build their own projects. As of December 31, 2014, the company’s major construction services clients were Villa Reggio Empreendimentos Imobiliários Ltda.; Tanguá Patrimonial Ltda.; Concivil Construtora e Incorporadora Ltda.; STAN Portugal Empreendimento Imobiliário SPE Ltda.; PP II SPE Empreendimentos Imobiliários Ltda.; Reitzfeld Empreendimento Imobiliário Botânico SPE Ltda; and KINO Empreendimento Imobiliário SPE S.A. The company also provides construction services on certain developments where it retains an equity interest. Sale of Units Through Brokerage Subsidiaries The company’s new subsidiary, Gafisa Vendas, functions as the company’s internal sales division in the state of São Paulo. The company’s another new subsidiary, Gafisa Vendas Rio, functions a
gafisa sa (GFSA3:Sao Paulo)
Avenida Nacoes Unidas No. 8,501
São Paulo, SP 05425-070
Phone: 55 11 3025 9000
Fax: 55 11 3025 9348www.gafisa.com.br
The information and data displayed in this profile are created and managed by Capital IQ, a Standard & Poor's company. Bloomberg.com does not create or control the content.
|No competitor information is available for GFSA3.|
|View Industry Companies|
Sponsored Financial Commentaries
To contact GAFISA SA, please visit www.gafisa.com.br. Company data is provided by Capital IQ. Please use this form to report any data issues.