Revolution Precrafted Bags Deal To Operate In Mexico, Pampanga

by VG Cabuag, Business Mirror

ANTONIO-LED Revolution Precrafted Inc. (RPI) said it bagged an agreement allowing the company to construct more of its modular-type houses and facilities in Mexico, Pampanga.

Jose Roberto R. Antonio, the company’s CEO, said they will construct an additional $400 million worth of houses on a 70-hectare property called Lakeshore being developed by Central Country Estate Inc. (CCEI).

In total, RPI will supply houses and food-park retail facilities covering 140 hectares.

The Lakeshore development spans about 250 hectares.

There are already other houses in Lakeshore since RPI bagged the contract for the property’s expansion, including the retail strip called Flavorscapes.

“At [RPI] we’re not a developer; we usually just are suppliers of structures, in places such as Lakeshore. Brian [John P. Mangio, managing partner at CCEI] asked us do the marketing and sales, as well,” Antonio said. “But they’re the developer, they own the land, they do the site development and all that. And then we do the sales and marketing.”

For the first phase covering 70 hectares, RPI is supplying the houses and lots worth between P1.3 million for a 45-square-meter (sq-m) two-floor unit and about P3.2 million for a 121-sq-m unit.

For the second phase, which also covers the additional 70 hectares, RPI is also constructing the residential units, but Antonio said these will be more upscale than the first phase.

The Antonio-led firm will also construct what it calls “pop-up food and beverage park” targeting local merchants.

Antonio, who is also a managing director at listed firm Century Properties Group Inc., said the company will help the merchant set up their food and beverage business within Flavorscapes area, guiding them every step of the way in growing their business.

RPI said it already sold some P2.5 billion during its sales pitch for the project over the weekend.

The second phase of the project is still on the company’s drawing board.

Revolution Precrafted Wins Contract In Japan

by James A. Loyola, Manilla Bulletin

Local startup Revolution Precrafted is expanding to Japan after bagging another international deal, this time to develop at least 85 luxury, design-driven prefabricated boutique hotel villas, at a beachfront property on Miyako Island, Okinawa.

The firm said this further reinforces its foothold within the global hospitality and tourism sector.

“This foray into the Japanese market is even more meaningful as Japan, home to 6 Pritzker-prize winners, is all about high design and forward-thinking architecture — everything that Revolution Precrafted is about,” said Revolution Precrafted founder Robbie Antonio.

He noted that “we have several Japanese architectural geniuses on our exceptional roster of Revolutionaries — Sou Fujimoto, Kengo Kuma, Nendo Studio, and Pritzker architectural firm Tange and Associates.”

Antonio revelead that it is building luxury villas with sizes ranging from 23 square meters to 60 square meters on the island of Miyako, just as the region gains increased popularity and tourist interest.

Okinawa is Japan’s southernmost prefecture, significantly distinct from the rest of the region. Its beaches and temperate climate all year-round make it a top choice among travelers.

Miyako island, in particular, is the premier summer destination — boasting a 100 km coastal line, picturesque sand beaches and vibrant coral reefs.

Okinawa tourist arrivals rose to 9,396,200 in 2017, up 9.1 percent from the previous year, surpassing even Hawaii’s numbers. Tourist arrivals in Okinawa have been increasing over the past five years.

“This is only the first of many projects we intend to do in Japan,” said Antonio.

Starchitect Island: Revolution Precrafted To Build Design-Led Modular Holiday Villas In Japan

by Kim Megson, Clad News

“This foray into the Japanese market is particularly meaningful as Japan, home to six Pritzker-prize winners, is all about high design and forward-thinking architecture.”

Robbie Antonio, Revolution Precrafted CEO
 

Philippine property firm Revolution Precrafted, which specialises in producing modular pavilions and homes, has struck a deal to build at least 85 design-driven prefabricated holiday villas on the island Miyako in Okinawa, Japan.

The company’s range of boutique luxury properties – ranging in size from 23-60sq m (247.5-645.8sq ft) – are designed by some of the world’s best-known architects and designers, including Daniel Libeskind, Christian Portzamparc, Marcel Wanders, Jean Nouvel and the studio of the late Zaha Hadid.

Revolution has also partnered with Japanese architects Sou Fujimoto, Kengo Kuma, Nendo Studio and Tange and Associates to create various pavilions, villas, restaurants and pop-with for various leisure uses.

Speaking about the agreement – the exact details of which remain shrouded in mystery – Revolution CEO Robbie Antonio said: “This foray into the Japanese market is particularly meaningful as Japan, home to six Pritzker-prize winners, is all about high design and forward-thinking architecture – everything that Revolution Precrafted is about.

“This is only the first of many projects we intend to do in Japan.”

The company has licensed partners in over 195 countries to use its prefabricated designs. Among the major agreements it has signed include a recent US$3.2bn (€2.65bn, £2.33bn) deal with developer Seven Tides International to supply luxury apartments and hotel villas for Dubai’s The World Islands.

It is now targeting the growing tourist market on Miyako Island, which has numerous beaches and coral reefs. Tourist arrivals to Okinawa Prefecture rose 9.1 per cent last year to hit 9.4 million.

PHL Firm Lands Deal In Japan to Build Boutique Hotel Villas

by VG Cabuag, Business Mirror

ANTONIO-LED Revolution Precrafted Inc. said over the weekend that it clinched a deal to develop at least 85 prefabricated boutique hotel villas on a beachfront property on Miyako Island in the Okinawa district of Japan.

“This foray into the Japanese market is even more meaningful as Japan, home to six Pritzker-prize winners, is all about high design and forward-thinking architecture— everything that Revolution Precrafted is about. We have several Japanese architectural geniuses on our exceptional roster of Revolutionaries—Sou Fujimoto, Kengo Kuma, Nendo Studio and Pritzker architectural firm Tange and Associates,” said Jose Roberto Antonio, the company’s CEO.

Antonio said his company will build luxury villas with sizes ranging from 23 square meters to 60 sq m in the Japanese island, which is gaining popularity among tourists.

Okinawa is Japan’s southernmost prefecture, significantly distinct from the rest of the region.  It has beaches and temperate climate all year round, making it a top choice among travelers. The island boasts of a 100-kilometer coastal line. Okinawa tourist arrivals rose to 9,396,200 in 2017, up 9 percent from the previous year, surpassing even Hawaii’s numbers.

Tourist arrivals in Okinawa has been increasing over the past five years.

“This is only the first of many projects we intend to do in Japan,” Antonio said.

Revolution Precrafted supplies luxury prefabricated houses, museums, pavilions and other structures. The start-up has partnered with over 70 of the world’s foremost architects and other creatives, including Zaha Hadid, Jean Nouvel and Christian de Portzamparc.

Since its founding in 2015, the company became one of the fastest-growing startups in Southeast Asia, valued at over $1 billion.

The property has locked-in about $6.5 billion worth of projects including the $1.1-billion Batulao Artscapes of Century Properties Group Inc. in Nasugbu, Batangas and to the $350-million Revolution Flavorscapes project in Mexico, Pampanga.

In March the company announced its $3.2- billion partnership with Seven Tides to build luxury hotel villas, retail pop-ups, condominiums and apartments on nine islands of “The World” project in Dubai.

In the same month, the company also signed an agreement with billionaire conglomerate KT Group of Myanmar for the supply of homes and retail structures for the $1.2-billion Okkyin mixed-development project in Yangon.

It recently secured a contract with Novo Development Ltd. to supply at least 1,000 prefabricated units in the Caribbean island nations of Trinidad and Tobago, Guyana, Jamaica and the Bahamas with an estimated sales value of $300 million.

This will be the first phase of the dealership that aims to develop $1 billion worth of structures in the Caribbean region.

 

Related Links: About Robbie Antonio , Contact

Asia News Roundup: Razer Acquiring Fintech Firm MOL Global, Nio To Set Up $500M Auto Fund

Razer co-founder Min-Liang Tan (center) / Photo credit: Razer

Here’s what happened in tech today and this weekend.

Fintech

Razer to fully acquire MOL Global (Singapore). The gaming lifestyle company today announced its intention to acquire Malaysian fintech firm MOL, a move that comes after it bought a 34.9 percent stake last June. Razer wants to get the remaining 65.1 percent of MOL Global’s issued share capital for a cash consideration of approximately US$61 million. The proposed merger, which is subject to approval from MOL Global’s shareholders, will combine the two companies’ virtual currencies: Razer’s zGold and MOLPoints by MOL. (Razer)

Soft Space raises series B funding from Sumitomo Mitsui (Malaysia). The Malaysian fintech startup reported the closing of a series B investment with Sumitomo Mitsui Card Company – a subsidiary of Tokyo-headquartered financial giant Sumitomo Mitsui – paving the way for its entry into the Japanese market. The investment is seen as positively spurring Soft Space’s business growth opportunities in Japan and the wider region. (Soft Space)

Ecommerce

Nykaa scores US$11.3 million, claims US$453 million valuation (India). The beauty e-tailer secured the investment from several family offices and high-net-worth individuals. Nykaa – which is said to hold 33 percent of India’s online market in beauty products and services – claims it is “EBITDA-breakeven” and is aiming to be profitable by FY2019. The startup said it would use these latest funds to enhance retail distribution to boost its private-label offering, which currently comprises less than 10 percent of its revenue. (The Economic Times)

Transportation

Nio to set up US$500 million venture fund (China). The electric-vehicle maker’s VC arm, Nio Capital, is building the offshore fund to invest in new automotive technologies worldwide. Also known as NextEV, Nio – which has raised funding from Baidu, Lenovo, and Tencent, among others – was one of the first companies to be awarded a license to test autonomous vehicles in China. The Shanghai-based startup is said to be planning a US$2 billion IPO in America later this year. (Bloomberg)

Mobike claims shift from “rapid to responsible” growth strategy (China). On Earth Day, the Chinese bike-sharing firm said it would stop distributing new bicycles in areas considered to be oversaturated with dockless hire bikes. This was one of the company’s first public announcements since being taken over by Meituan-Dianping in a US$3.4 billion deal earlier this month. Mobike also plans to share data with the Chinese government to help improve urban planning processes and has committed US$15.9 million to improving its user credit scoring system, which punishes or rewards cyclists according to their conduct while using its service. (TechNode)

Health and well-being

Doxper secures US$1.1 million funding (India). The startup, which helps doctors manage outpatient records, said it will use the capital to expand to Southeast Asia, the UK, the Middle East, Brazil, and South Africa by early next year. It’s already piloting overseas operations in Bangladesh and Nigeria. Vidal Healthcare led the pre-series A round, having joined Doxper’s August 2017 seed round alongside Capier Investments, Globevestor, and a number of angel investors. (Inc42)

Property and real estate

Revolution Precrafted lands US$300 million Caribbean deal (The Philippines). The maker of prefab homes has expanded into the Caribbean market with an exclusive dealership with NOVO Development, a real estate company based in Trinidad and Tobago. The partnership is the first part of a multi-phase plan to develop up to $1 billion of property in the region’s growing housing sector. (Revolution Precrafted)

Social media

“Fake news” is also a problem for WeChat (China/US). WeChat-focused news providers in the US tend to favor emotive topics such as immigration and race relations over more general issues like employment and healthcare, according to a study by Columbia University’s Tow Center for Digital Journalism. Researchers also found that news published on WeChat was rife with sensationalism and misinformation when compared to both English- and Chinese-language mainstream media. Echoing similar controversies involving Facebook and Twitter, the Chinese app’s low barrier to entry “has generated a profusion of content publishers native to the platform and intense competition for attention,” and “the abundance of revenue-driven content published, coupled with partisan forces” makes it “especially vulnerable to political misinformation,” said the report. (TechNode)

Revolution Precrafted founder among 25 BuiltWorld Pioneers

by The Philippine Star

Robbie Antonio, the founder and CEO of unicorn propertytech startup Revolution Pre-crafted, has been chosen as part of BuiltWorld’s first-ever Mavericks Report: “25 Pioneers Who’ve Transformed The Built Industry,” a recognition of the most influential movers and shakers in the fields of global architecture, engineering, construction (AEC) and re- industry (RE)

BuiltWorld is a global online re source for players in the AEC and RE industries.

The prestigious accolade puts Antonio alongside some of the most esteemed luminaries in real estate, venture finance, architecture/design, construction, engineering and software solutions. These include Tesla founder Elon Musk, Pritzer-award winner Frank Ghery and American unicorn founders Adam Neumann of Wework and Michael Marks of Katerra, among others.

“We are humbled by this citation from BuiltWorld. We feel so honored to be part of such esteemed individuals who have helped transform their respective industries, and helped create a better, more modern world,” Antonio said.

Revolution Precrafted is a company that manufactures, supplies and ships limited edition, design driven prefabricated homes, pavilions and other related structures. The company has partnered with 73 of the world’s most preeminent ar-chitects, designers and artists from around the world including Zaha Hadid, Jean Nouvel, and Christian de Portzamparc, among others.

Robbie Antonio

“In order to disrupt the land-scape, you have to be more innovative and you have to take more risks. Creating luxury prefabricated homes was a big challenge because before the company, people don’t really associate prefabricated homes and structures to quality and luxury. But we saw the opportunity to create something different and we took the risk. The payoff has been quite re warding,” Antonio added.

Since its inception in 2015,Revolution Precrafted has since become the fastest company to reach startup status in Southeast Asia, valued at $1 billion.

It has bagged close to $6 billion worth of projects, including $1.1-billion Batulao Artscapes in Nasugbu, Batangas and the $350-million Revolution Flavorscapes project in Mexico, Pampanga.

In March, the company announced its $3.2-billion partnership with Seven Tides to build condominiums, apartments and hotel villas on nine islands at “The World” project in Dubai. The company also signed a deal with Myanmar’s KT Group for the supply of homes and retail structures for the $1.2-billion Okkyin mixed development project in Yangon.

 

Related Links: About Robbie Antonio , Contact

PH Company Secures Billion-Dollar Deal With Dubai Firm

by The Filipino Times

A local designer and supplier of prefabricated structures in the Philippines has set a $3.2B deal with Dubai firm Seven Tides to develop parts of “The World” located in the waters of the Persian Gulf.

The World is a collection of 300 artificial islands which represent the world’s continents and countries, reported Inquirer.

Robbie Antonio, founder and CEO of Revolution Precrafted, said that the developers aim to build two-to-three bedroom luxury apartments and villas in the area which will be priced at $150,000 to $1.5 million.

Antonio added that developments are set to happen in nine islands in The World soon and that the construction will begin in the so-called Coronation Island.

The company currently tries to broaden their market by being more price sensitive. The current target markets are home buyers from Russia and Europe.

Aside from targeting the Russian and European market, Revolution Precrafted also plans to reach 20 more countries in the next 12 months, including Myanmar and other key markets in Southeast Asia.

—

Related Links:  Contact Us, About Robbie Antonio 

Revolution Precrafted Ties Up With Myanmar Conglomerate

by The Philippine Star

Revolution Precrafted founder and CEO Robbie Antonio (middle) and KT Group executive director Deborah Kyaw Thaung (right) sign the partnership agreement, while KT Group director Harriett Kyaw Thaung looks on.

MANILA, Philippines — Revolution Precrafted, one of Southeast Asia’s strongest unicorns – or startup companies valued at over $1 billion –  has tied up with Myanmar conglomerate KT Group for several projects, including the $1.2-billion Okkyin City riverside property in Yangon.

“We are excited to announce our agreement for the manufacture, shipping and installation of prefabricated homes to Myanmar, one of the fastest growing economies in Southeast Asia. We are also pleased to partner with KT Group, one of the most influential and respected diversified companies in the region,” said Robbie Antonio, Revolution Precrafted founder and CEO.

The non-exclusive agreement involves the manufacture and supply of prefabricated homes in key developments in the historic city of Yangon.

Antonio said Revolution Precrafted has agreed to build residential projects in the Okkyin mixed-used development project, which would cost at least $350 million to develop.

The Okkyin project will include a jetty pier, sports and recreation facilities, bus terminal, green parks, a school, a student accommodation, a business park, a sports hotel, and a riverfront retail and commercial pop-up network.

Aside from Okkyin, Antonio said Revolution Precrafted is also in talks with the KT Group to develop other land assets in Yangon.

Revolution Precrafted intends to build 36-square meter Origins and 23 square meter Crib basics for Myanmar homebuyers. These are simple, sleek but functional prefabricated homes that can be completed in three to six months.

“We believe that these mid-market prefabricated homes will appeal to a significant chunk of the Myanmar population,” Antonio added.

“Myanmar is an emerging economy with 53 million people. We want to take advantage of this sizable market and make it a cornerstone of our regional expansion, especially now that the country is also opening itself to global trade and investments,” Antonio added.

He said Revolution Precrafted’s entry into the Myanmar market is a key milestone that strengthens the companys expansion to Indochina and the rest of the world.

Established in the 1950s, KT Group is one of the largest diversified firms in Myanmar. Its core business is real estate and property development but has since expanded into energy, trading, investments and agriculture. It has also expanded to included branches in Bangalore, India and Kunming, China.

On the other hand, Revolution Precrafted, launched in 2015, is a tech-based property company that disrupted the global architecture, design and art industries through its design-forward homes, pavilions, hotels, furniture, glamping structures, and soon, office spaces.

Still the only unicorn startup in the Philippines, it has in less than two years already partnered with 72 of the world’s preeminent architects, designers and artists, solidying its position as the leading developer of branded precrafted homes.

It is the brainchild of Antonio, son of Century Properties founder and chairman Jose Antonio, who became the youngest person in the Forbes Philippines 50 Richest last year.

PH Prefab Firm Bags Myanmar Deal

by Miguel R. Camus, Philippine Daily Inquirer

Revolution Precrafted, a homegrown supplier of prefabricated structures, is expanding to Myanmar.

The company, founded by Filipino businessman Robbie Antonio, said it had signed a nonexclusive deal with Myanmar’s KT Group to build and supply prefabricated homes in Yangon. This includes the $1.2- billion project Okkyin City, which is being positioned as Myanmar’s landmark sports and internet hub.

“We are excited to announce our agreement for the manufacture, shipping and installation of prefabricated homes to Myanmar, one of the fastest growing economies in Southeast Asia. We are also pleased to partner with KT Group, one of the most influential and respected diversified company in the region,” Antonio said in a statement.

“Myanmar is an emerging economy with 53 million people. We want to take advantage of this sizable market and make it a cornerstone of our regional expansion, especially now that the country is also opening itself to global trade and investments,” he added.

Revolution Precrafted claims to be the country’s only unicorn startup given its more than $1 billion valuation.

Myanmar is among a string of countries the firm said it was targeting this year. Earlier this week, it sealed an agreement with developer Seven Tides to build luxury homes in Dubai’s The World project.

Antonio noted in the statement that Revolution Precrafted had agreed to build residential projects in the Okkyin mixed-used development project. This would cost at least $350 million to develop.

As noted, the project would generate a total of $1.2 billion in sales. It could go higher if Revolution Precrafted agrees to build high-rise properties, the statement noted.

The Okkyin project will include a jetty pier, sports and recreation facilities, bus terminal, green parks, a school, a student accommodation, a business park, a sports hotel, and a riverfront retail and commercial pop-up network.

“We believe that these mid-market prefabricated homes will appeal to a significant chunk of the Myanmar population,” Antonio said.

The company’s other projects include the $1.1-billion Batulao Artscapes and the $345-million Revolution Flavorscapes residential communities, both in the Philippines. Batulao Artscapes consists of 8,520 homes while Flavorscapes will have at least 7,100 prefabricated homes.