Philippine sports icon and international boxing legend Manny Pacquiao will be designing affordable homes and sports and wellness structures with unicorn property technology startup Revolution Precrafted for local and international buyers.
Pacquiao, who recently made his first tech investment in the Philippines by funding the seed round of local car rental platform Graventure, will help Revolution Precrafted design affordable homes and sports-inspired residential developments in the Philippines and around the world, the proptech startup said.
Aside from Graventure, Pacquiao, who is also a Senator in the Philippines, has invested in Singaporean bloackchain startup Global Crypto Offering Exchange (GCOX).
Based on his 2016 statement of assets, liabilities, and net worth, Pacquiao’s more than P3-billion asset is composed of 46 per cent real properties, 43 per cent cash and jewelry, 7 per cent various investments, and 4 per cent transportation equipment.
The Pacquiao Group of Companies Inc currently owns or has a stake in several businesses, including Roadhaus Economy Hotel, Pacman Wildcard Gym, JPM Shalom Travel and Tours, Pacman H20, Team Pacquiao Store, JPM Phoenix, Pacman Beach Resort, JMP Buildings.
Since its inception in December 2015, Revolution Precrafted said it has partnered with some of the world’s prominent architects, designers, and artists to create design-driven homes, pavilions, furniture, and other related structures.
So far this year, Revolution Precrafted has sealed more than $6.5-billion worth of deals overseas. These include the $3.2-billion World Islands deal with Seven Tides in Dubai, the $1.2-billion Okkyin project in Myanmar, the $300-million dealership in the Caribbean, and most recently, a luxury resort project in Okinawa.
Earlier this week, the company announced that it will build over 2,000 residential units in two locations in Puerto Rico, in partnership with Grupo Cacho.