GFASY Gafisa SA (PK)

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the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):

Yes ______ No ___X___

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the Registrant is also thereby furnishing the information to the Commission pursuant
to Rule 12g3-2(b) under the Securities Exchange Act of 1934:

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to the registrant in connection with Rule 12g3-2(b): N/A

GAFISA S.A.

CNPJ/MF n ° 01.545.826/0001-07

NIRE 35.300.147.952

Publicly-held Company

NOTICE TO THE MARKET

São Paulo, SP, Brazil, June 28, 2019 - GAFISA S.A. (B3: GFSA3; OTC: GFSAY) (“Gafisa” or “Company”), makes available to the Market the following notice received yesterday:

“ BRAZILIAN MULTIMARKET INVESTIMENTS LLC – BMI , a foreign company headquartered in the United States of America, in the State of Delaware, at 16192 Coastal Highway, nº 19958, Lewes, enrolled with the corporate taxpayer’s ID (CNPJ) under No. 28.955.189/0001-95, hereinafter referred to as “BMI” or Inves tor”, pursuant to Article 12 of Instruction issued by the Brazilian Securities and Exchange Commission No. 358 of January 3, 2002, and further amendments (“ICVM 358”), hereby, respectfully,  informs and clarifies to GAFISA S.A. (“Investee” or “GAFISA”) the following:

1. BMI acquired 3,629,058 outstanding common shares issued by GAFISA and now holds 5.11% of total common shares representing the Investee’s capital stock, considered relevant shareholding, pursuant to Article 12, Paragraph 1 of ICVM 358. (“Relevant Shareholding”)

2. The Investor’s interest in the Investee’s capital stock is only for investment purposes. BMI declares that businesses neither aimed at altering the ownership structure nor the administrative structure of GAFISA.

3. Investor declares it does not hold other shares, securities and derivative financial instruments referenced in those shares, whether for physical or financial settlement of GAFISA.

4. BMI declares it did not execute any contract or agreement to regulate the exercise of the voting right, the purchase and sale of securities issued by Investee.

5. For the purposes of Article 119 of Law No. 6.404 of 1976, Investor informs that its legal representative in Brazil is Foco Distribuidora de Títulos e Valores Mobiliários LTDA., a financial institution enrolled with the corporate taxpayer’s ID (CNPJ) No. 00.329.598/0001-67, headquartered in the City and State of São Paulo, at Rua Tabapuã, nº 888, 1º floor, room 18, Itaim Bibi, pursuant to BACEN Resolution No. 2689/00.

In view of the aforemen tioned, we request you, in the capacity of Investee’s Investor Relations Officer to immediately take the measures for prompt disclosure of information contained herein, pursuant to Article 12 of ICVM 358. ”

GAFISA S.A.

Roberto Luz Portella

Chief Executive, Financial and Investor Relations Officer