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São Paulo, January 17, 2012 - Rodobens Negócios Imobiliários S.A. (Bovespa: RDNI3, Bloomberg RDNI3:BZ) announces today its preliminary unaudited operating results for the fourth quarter of 2012.
Launches grow by 76% in 2012, with a 43% increase in the average launch price, driven by the higher share of Stillo
- Launches of R$294 million, 102% up on 4Q11
- Stillo Rodobens accounts for 37% of annual launches, in line with the Company’s strategy
- Completion of 2,719 units, giving RNI PSV of R$198 million in 4Q12
Click here to access the announcement
Phone: 55 (11) 2505-7677
Rodobens Negócios Imobiliários Profile
Real estate developer with more than 20 years of experience, focusing on cities with more than 150,000 inhabitants in the countryside of Brazil. Since the beginning of its activities in 1991, it has already launched 161 residential projects in 55 cities in twelve Brazilian states (São Paulo, Minas Gerais, Rio de Janeiro, Paraná, Rio Grande do Sul, Ceará, Mato Grosso, Santa Catarina, Bahia, Goiás and Pará), totaling 60,000 units and more than 4.3 million m² of constructed area. With the purpose of offering special conditions for acquisition of diversified, high quality projects, regardless of the target public, the developer operates in the domestic market through its products classified as Stillo, Terra Nova and Moradas. Rodobens Negócios Imobiliários is part of Empresas Rodobens - one of Brazil‘s 100 largest business conglomerates. Founded in 1949 in São José do Rio Preto (SP), the company operates strongly in two different businesses: vehicles - origin of the group - and real estate. The Group aims at always seeking integrated solutions for its clients in the two sectors; therefore, it counts on car dealers, consortium management companies, insurance brokerages, banks, vehicle leasing, international business and corporate communications