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.

For content enquiry, please reach us at

Latest News >

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

Brazil will become the 16th international market for Revolution Precrafted, which has recently expanded to South and Central America, the Caribbean, Middle East, and Europe.

06:52am UTC

3B Ventures sets up new US$60 million fund for impact investing in Southeast Asia

The Danish venture capital firm will target startups that are aiming to solve at least one of the 17 issues included in the United Nations Sustainable Development Goals.

08:08am UTC

Thai billionaire increases stake ownership in Vinamilk to 21 percent

F&N Dairy Investments plans to purchase an additional 14.5 million shares to increase its stock ownership to 21 percent.

08:12am UTC

Japan’s Taisho to increase stakes ownership in Vietnam-listed DHG Pharma to 32 percent

This will cement the Japanese pharmaceutical company’s position as the 2nd major shareholder in DHG Pharma.

09:44am UTC

Singapore’s Anchanto raises US$4 million from MDI Ventures in ongoing Series C round

The SaaS technology company will use the funds to expand market outreach and establish a stronger presence in Southeast Asia.

05:12am UTC