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Article: Camargo Correa Desenvolvimento Imobiliario Announces the Acquisition of a Plot of Land with a Potential Sales Volume of R$ 2.5 Billion to R$ 3.0 Billion.
- Article from:
- PR Newswire
- Article date:
- December 21, 2007
CopyrightCOPYRIGHT 2007 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SAO PAULO, Dec. 21 /PRNewswire-FirstCall/ -- Camargo Correa Desenvolvimento Imobiliario (Bovespa: CCIM3.BZ) acquired today from Companhia Melhoramentos, a 5.2 million square meter (1.3 thousand acres) plot of land in Caieiras, a city located in the Sao Paulo Metropolitan Region. The land is located 19 kilometers (11.8 miles) from downtown Sao Paulo and is fully served with transportation infrastructure. The Sao Paulo Metropolitan Train Authority, which operates the "A-line" trains, has a stop in Caieiras. The commuting time from Estacao da Luz (downtown Sao Paulo) to Caieiras is half an hour. Furthermore, major Brazilian highways, such as the Anhanguera and Bandeirantes ...
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... ... Brazilian cement producer Camargo Correa Cimentos is to invest ... 2002, only serving the Sao Paulo city through three processing ... service. From now on Camargo Correa aims to operate in Campinas ... do Paraiba region (Sao Paulo state) and Belo Horizonte ...
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