Indicate by check mark if the registrant is submitting
the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):

Yes ______ No ___X___

Indicate by check mark whether by furnishing the information contained in this Form,
the Registrant is also thereby furnishing the information to the Commission pursuant
to Rule 12g3-2(b) under the Securities Exchange Act of 1934:

Yes ______ No ___X___

If “Yes” is marked, indicate below the file number assigned
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

MATERIAL FACT

São Paulo, SP, Brazil, January 29, 2019 - GAFISA S.A. (BOVESPA: GFSA3) (“Gafisa” or “Company”), makes available to the market the following notice received on this date:

“The Grupo GWI, of which GWI Asset Management S.A., a corporation headquartered in the City and State of São Paulo at Av. Brigadeiro Faria Lima, nº 3900, 6º andar, conj. 602, is a part of, pursuant to CVM Instruction No. 358/2002, amended by CVM Instruction No. 449/07, hereby announces that it now holds, jointly, a total of twenty-one million, six hundred fifty-three thousand, four hundred ninety-six (21,653,496) common shares, equivalent to 49.94% of all common shares issued by the Company.

There being no further matter to discuss, we remain at your disposal for any clarification.”

GAFISA S.A.

Ana Maria Loureiro Recart

Chief Executive, Financial and Investor Relations Officer