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Brazil homebuilder Gafisa posts 17 pct rise in new projects in 2nd qtr
July 14, 2015 / 10:39 PM / 2 years ago

Brazil homebuilder Gafisa posts 17 pct rise in new projects in 2nd qtr

RIO DE JANEIRO, July 14 (Reuters) - Brazilian homebuilder Gafisa SA said on Tuesday its launches of new projects rose by 16.5 percent in the second quarter from a year ago to 482 million reais ($153.5 million).

Contracted sales in the quarter grew 22.9 percent to 532.1 million reais, the company said in a statement.

$1 = 3.14 Brazilian reais Reporting by Stephen Eisenhammer; Editing by Christian Plumb

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