Revolution Precrafted enters Europe market
Revolution Precrafted continues its expansion campaign, this time landing its first-ever deal in Europe.
The Filipino-owned proptech company has entered an agreement with BC Estudio, a leading architecture, design and property management company, to supply hotel and residential units along the Ebro Delta, situated in the province of Tarragona, Catalonia Region, Spain.
“We’ve always wanted to expand to Europe but we wanted a unique and highimpact project that would showcase our expertise and product portfolio. At the same time, we wanted a project that would shine a light on Europe’s ecotourism potential. We are very happy to partner with BC Estudio in spearheading a development that would further strengthen Spain’s tourism,” said Robbie Antonio, founder and CEO of Revolution Precrafted.
Spain becomes the 13th international market for Revolution Precrafted, which is in the middle of a global expansion mode. It currently has projects in the Philippines, Myanmar, Indonesia, United Arab Emirates, Japan, Ecuador, Puerto Rico, Trinidad, Guyana, Jamaica, Bahamas and Bahrain. The company expects to be present in 25 countries by the end of 2018.
The partnership between Revolution Precrafted and BC Estudio came about following the former’s recent business roadshow in Europe this June.
Antonio said Revolution Precrafted and BC Estudio have agreed to build 50 units of hotel villas on a 12-hectare lakefront plot. This represents the first phase of what is envisioned to be a 260-unit development project on a total of four plots along the Ebro Delta.
As part of the initial phase, Revolution Precrafted will build around 40 one-bedroom villas measuring 30 square meters each. It will also build an additional 10 two-bedroom villas on the lakefront plot. Each unit costs a minimum of $200,000.
Gabriel Barba and Jordi Barba, partners at BC Estudio, said the tourism potential of the sites are significant considering their location. BC Estudio will work in collaboration with local partner office in the Delta del Ebro, Actua B Arquitectura.
The Ebro Delta is one of the largest wetland areas in the Western Mediterranean region. A large part of the delta was designated as a natural park to protect the wide variety of flora and fauna identified in the area.