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Recent Updates - Page 2
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Date: 12.01.10
Apartments at Vila Poeisa, Aracaju, Northeast Brazil
continue to sell fast.
Even though we have just had Christmas and New Year,
apartments at our new affordable houses continue to
sell quickly. 57% of the development has sold so far,
which is 103 out of the 180 apartments.
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Date: 12.12.09
TBK donates Christmas presents to children in Mossoro
hospitals.
TBK, the project SPE for the Mossoro project, donated
toys to needy and sick children in hospitals in Mossoro
this week. For some of the children this was the only
present that they received at Christmas.
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Date: 06.11.09
Fantastic Sales Figures for Vila Poesia, Aracaju,
Northeast Brazil.
The latest figures received from our sales team for
our new affordable housing in Aracaju, Brazil report
the fantastic news that 86 of the 180 apartments have
been sold already, this equates to approximately 47%
of the development.
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Date: 30.10.09
Director for Latin America at Moody's Economy.com
annouce's Brazil's booming housing market
A recent news article talking
to the director for Latin America at Moody's Economy.com
reported that Brazil has emerged from the
recession, with a booming housing market:
The stars are aligned for Brazil's housing market.
Inflation has been falling, as have interest rates,
propelling consumption of durable goods and giving
a big boost to homebuilding, says Alfredo Coutino,
director for Latin America at Moody's Economy.com.
The result? "Residential construction has
been booming in the past three years," he said.
Brazil emerged from the recession in this year's
second quarter, showing strong economic resilience.
Second-quarter GDP grew 1.9% from the first quarter.
A growing economy will help fuel housing demand,
says Coutino.
Another plus for Brazil's housing market, he
adds, is the country's low inflation. It's been
running at a rate of 4% to 5% this year.
Interest rates are also down. The Banco Central
do Brasil recently cut its overnight lending rate,
the Selic rate, to 8.75%, the lowest since 1999.
Lower interest rates as well as a federal incentive
program aimed at building 1 million houses by 2010
have helped stimulate demand and increase the availability
of funds to support growth of the housing industry,
said Gafisa Chief Financial Officer Alceu Duilio
Calciolari in an e-mail interview.
"You have an economy that's growing, creating
more employment and increasing people's income,
and you have lower inflation," added Coutino.
"All these factors are the best combination
to propel consumption in Brazil, not just basic
consumption, but also consumption of durable goods
like houses."
To read the full article, please
click
here.
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Date: 29.10.09
Latest Sales Figures for Phase 1 of Mossoro project.
Our team in Brazil have recently reported that a
total of 251 units have been reserved on Phase 1,
Quintas do Lago of the Mossoro project. This consists
of 234 plots and 17 houses, representing 80% reserved
in Phase 1.
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Date: 26.10.09
Considerable pre-launch interest in Phase 2, Jardins
de Mossoro
Even though the official launch will not happen until
the first half of November over 1500 people have registered
their interest in purchasing a house in Phase 2, Jardins
de Mossoro affordable housing development. Shortly
400 properties out of the 1096 properties in Phase
2 will be made available for purchase, with a variety
of styles designed by renowned architect Luis Deusdara.
This forms part of the government national housing
program, My House, My Life which aims to make houses
affordable for the growing lower middle class through
discounted interest rates and long mortgage terms
of up to 30 years. Click
here to see the new flyer for Phase
2 (in Portuguese).
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Date: 16.09.09
New affordable housing project in Aracaju, Northeast
Brazil
A new affordable housing project was launched by
the TBK team in Aracaju, Northeast Brazil last month.
Our developer partner that will be working with us
for this project will be established house builder,
Mattos Engenharia. The project, called Vila Poesia,
will provide 180 apartments with either 2 or 3 bedrooms.
The development will also have leisure facilities
including a swimming pool, gymnasium, relaxation areas,
eating areas and a security of a gated community.
The apartments will cost R$89 - R$ 110,000 each. 57
of the 180 units have sold already representing 31%
of the total project. This project is already closed
to further investment. To view the brochure for the
project click
here (in Portuguese).
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Date: 15.09.09
New aerial photos of Phase 1, Quintas do Lago, Mossoro
New aerial photos were taken recently showing the
entrance gates, landscaping, and the layout of the
infrastructure for the Phase 1 houses. Please click
on the pictures to right to view them.
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Date: 07.09.09
New office opens in Fortaleza
The beginning of this month saw the opening of our
new TBK office. Situated on the front-line beach of
Fortaleza, Northeast Brazil, this will be our main
management office for controlling our operations in
areas such as Mossoro, Aracaju and Fortaleza. Fortaleza
is the capital of the state of the Ceara with approximately
4 million people.
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Date: 25.08.09
Mossoro stand at FICRO fair a success
Last weekend saw the business conference 'FICRO'
(Industrial and Commercial Fair of the Western Region)
open in Mossoro. The conference welcomed over 15,000
visitors per day. Phase 1 Quintas do Lago Mossoro
and Phase 2, Jardins de Mossoro were promoted there
on a large sales stand under the TBK banner. This
gave us a great opportunity to promote the Mossoro
project to the local population. The weekend was a
great success with many enquiries, 210 people gave
their details for Phase 2 (Jardins de Mossoro) of
the project and we also registered new clients for
Phase 1. See below for photos of the fair and our
sales stand:
    
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