by Manila Standard
Revolution Precrafted and Bakrie Global Ventura recently signed a US$1.1-B joint venture agreement to develop five mega studios and five hectares of office spaces and storage facilities of Bakrie Global Mediapolis studio project in Jakarta. The partnership between the Philippines’ most valued startup and one of Indonesia’s most innovative conglomerates will likewise see Revolution supply designer homes, hotel villas, and amenity spaces to Bakrie Global’s property affiliates in Indonesia. This includes 3000 hectares of land, owned and developed by the Bakrie Group. Revolution Precrafted Properties Limited delivers high-design structures such as modular homes, prefabricated structures and buildings, as well as pop-up retail and fitness centers. At the signing were (from left): First Pacific Company Ltd CEO Manuel V. Pangilinan; Bakrie Global Ventura CEO Anindya Novyan Bakrie; Revolution Precrafted Properties CEO Robbie Antonio; and Century Properties Group Chairman and CEO Jose E.B. Antonio.