Revolution Precrafted, the developer that signed a multi-billion dollar contract to build luxury apartments and hotel villas on The World Islands, will open a Dubai office within the next three months, according to CEO Robbie Antonio.
Revolution Precrafted, the Philippines’ first startup to achieve unicorn status and be valued at $1 billion, specialises in building pre-fabricated made-to-order homes designed by prominent architects at what the company says is a fraction of the cost of a commissioned design built using traditional construction methods.
Speaking to Arabian Business this week, Antonio said the company is keen to open its Dubai office as soon as possible at it works to increase its presence in the Middle East.
“We want to put an office in every region in the world, and for the Middle East it’s going to be Dubai,” he said. “[We are] putting an office where we are central and where we think we can get multiple projects from and then travel from there.”
Antonio said the Dubai office will be open by autumn, “in the next three months.”
Among the agreements that Antonio has signed in the Gulf region are a $3.2 billion deal with luxury developer Seven Tides to design, supply and install two- and three-bedroom condominium apartments and villas in Dubai's the World Islands.
In March, Antonio said that he expects between $300 million and $500 million worth of sales from the project, which will launch on an island-by-island basis in Q3 this year.
In June, Revolution penned a deal with Bahrain’s Property One Investment Company (Property 1) to supply 500 modular “eco-villas” over the next five years.
During the interview with Arabian Business, Antonio said he was actively looking to expand across the MENA region, particularly in Morocco, Egypt and Saudi Arabia.For all the latest real estate news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
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