Revolution Precrafted Eyes Spain’s Growing Property Sector

by Miguel R. Camus, Philippine Daily Inquirer

Revolution Precrafted, a homegrown company that designs and builds prefabricated structures for clients around the world, announced it has sealed an “exploratory agreement” with a Spanish company to build modular homes.

In a statement, Revolution Precrafted said the deal with Neinor Homes, which is listed on the Madrid Stock Exchange, would start with two projects in Navarra and Castellón.

Neinor Homes was said to be keen on expanding its business through modular homes. Its goal is to offer some 3,500 to 4,000 homes annually by 2020.

“The deal between the two companies is expected to accelerate the growth of the Spanish property sector,” Revolution Precrafted said in its statement.

Neinor Homes CEO Juan Velayos noted they were addressing growing demand for real estate in Spain.

“We are aware of the great demand for quality, beautiful homes in Spain and we expect the partnership with Revolution Precrafted, the only branded home company in the world, to be instrumental in responding to this demand. We expect this partnership to serve as a catalyst for the further growth of the Spanish real estate industry,” Velayos said.

Revolution Precrafted was founded by Robbie Antonio, whose family owns Century Properties Group Inc.

“We believe that our value proposition of bringing speed, quality in building these homes, will attract a significant portion of the market,” Antonio said in the same statement.

Revolution Precrafted has embarked on a global deal-signing spree over the last six months apart from securing key projects in the Philippines.

It has bagged over $8 billion worth of big tickets projects including the $3.2-billion partnership with Seven Tide for “The World Islands” in Dubai and the $1.2-billion Okkyin project in Myanmar with KT Group.

It also signed a $300-million dealership agreement with Novo Development Ltd. to build at least 1,000 homes in the Caribbean nations of Trinidad and Guyana, Jamaica and the Bahamas.

Its other projects are in Cyprus, Japan, Puerto Rico, Ecuador, Bahrain and Brazil.

 

Antonio-led Firm Partners With Spanish Developer

by VG Cabuag, Business Mirror

Revolution Precrafted Inc., a property-development firm led by one of the sons of former US Ambassador Jose EB Antonio, signed an exploratory agreement with Spanish publicly listed real-estate firm Neinor Homes.

The deal enables the latter to industrialize house-building in Spain, the company said on Wednesday.

Revolution Precrafted said the venture will begin with two projects in Navarra and Castellón.

The deal is expected to accelerate the growth of the Spanish property sector, Revolution said. Neinor Homes plans to build 3,500 and 4,000 homes annually by 2020.

Revolution Precrafted Bags $460-M Contract In Brazil

by Miguel R. Camus, Philippine Daily Inquirer

Revolution Precrafted, which designs and builds prefabricated structures for clients around the world, announced a deal to supply homes and hotel villas in Brazil.

The company, founded by Filipino businessman Robbie Antonio, said the contract in Brazil was worth $460 million and would be located in an 80-hectare eco-resort development near Rio de Janeiro.

Revolution Precrafted said the contract involved the supply of “high end quality eco-sustainable designer homes and eco-friendly villas.”

Specifically, it will design and supply one to three-bedroom homes and units measuring 50 to 200 square meters. It will also be supplying medium sized resort homes measuring 100 to 300 square meters each.

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

“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,” Antonio said in a statement.

Its project in Brazil marks its 16th international market.

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

Last month, it signed a $300-million dealership agreement with Novo Development Ltd. to build at least 1,000 homes in the Caribbean nations of Trinidad and Guyana, Jamaica and the Bahamas.

It also won a deal to build 85 luxury resort villas in Okinawa, Japan and 2,000 housing units in Puerto Rico with Grupo Cacho. It also recently announced its franchise agreement to supply mid-income homes in El Salvador, Ecuador and a 500-unit project in Bahrain.

In Europe, it has won supply deals in Spain and Cyprus while in the Philippines, it has partnered with Century Limitless Corp., which is part of Century Properties Group Inc., the listed builder owned by the Antonio family.

 

Revolution Precrafted Signs Deal To Expand In Cyprus

by VG Cabuag, Business Mirror

REVOLUTION Precrafted Inc., a property developer using prefabrication materials, said it has signed an agreement with publicly listed Cyprus Trading Corp. Plc. for the supply of residential units, glamping accommodations, retail spaces and hotel villas in the tiny Mediterranean nation.

The company said it will supply units in the popular Cypriot cities of Nicosia, Limassol and Paphos, a move that allows the Antonio-led firm to expand in Eastern Europe and the Mediterranean regions.

“The region presents a good opportunity for Revolution Precrafted because of their appreciation of architecture, art and design. We hope to supply curated luxury residential apartments that boast of sophisticated designs that will appeal to the more privileged market.,” said Jose Roberto R. Antonio, founder and CEO of Revolution Precrafted.

Cyprus is the 14th international market for Revolution Precrafted. It aims to be present in 25 markets by the end of 2018.

The agreement, in the form of a letter of intent, extends also to Cyprus Limni Resorts and Golf Courses, a wholly owned subsidiary of Cyprus Trading. The two companies will study the possibility of putting up residential units, hotel villas, glamping units and pop-up retail spaces that can be used as warehouses and commercial spaces.

Glamping is short for glamorous camping or luxurious camping.

The two companies are looking at multiple locations including a possible project in Limni Resorts and Golf Course at the center of Chrysochous Bay, near the town of Polis, in northwest Cyprus.

It may supply a number of glamping units in the hillside of Kinousa Village, a separate property in Northwest Cyprus, also owned by Cyprus Limni.

Cyprus Trading is listed on the Cyprus Stock Exchange and controls a number of companies from various industries, such as retail, automotive and engineering, property development and management, and infrastructure.