Revolution Precrafted closes US$460 million eco-resort deal in Brazil - Reuters

 

Revolution Precrafted closes US$460 million eco-resort deal in Brazil

Revolution Precrafted closes US$460 million eco-resort deal in Brazil

Fri Jul 13, 2018 - 06:52am UTC

Revolution Precrafted

13/7/2018 – Revolution Precrafted, a property tech company based in the Philippines continues its global expansion campaign, this time bagging a US$460 million contract to supply residential, hotel villas, and other resort facilities in Brazil.

This will make Brazil the 16th international market for the property firm, which only signed a US$300 million dealership agreement with Novo Development Ltd to build 1000 homes in the Caribbean nations last month.

Over the past six months, the firm has bagged over US$7.6 billion worth of big tickets projects including the US$3.2 billion partnership with seven tides, for “The World Islands” in Dubai, and the US$1.2 billion Okkyin project in Myanmar with KT Group.

For the Brazil project, the development will be located on an expansive 80-hectare eco-resort development situated an hour away from Rio de Janeiro, in the northeast mountain region near Petrópolis.

Under the agreement, Revolution Precrafted will be building high and quality eco-sustainable designer homes and eco-friendly villas.

The firm plans to use iconic architects to design and supply 1 to 3 bedroom homes and units measuring 50 to 200 square meters, as well as medium-sized resort homes measuring 100 to 300 square meters.

“We envision the project to be one of our landmark developments in South America. It showcases our passion for eco-sustainable developments that boast environmental conscience, design, and functionality,” said Robbie Antonio, the CEO of Revolution Precrafted.

Revolution Precrafted is a global supplier of designers, limited edition homes, pavilions, retail spaces, and related structures.

Construction of units is expected to begin in the first quarter of 2019.

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