THE PLANET GROUP CLOSES 2018 WITH AN ADDITIONAL 34 MILLION EUROS IN CAPITAL
The Board of Directors at Planet Holding UK closed 2018 with a new increase in capital of 34 million euros.
The new increase in capital is following an initial investment of 10 million euros which was secured on September 10, 2018. These funds are part of an ambitious industrial plan aimed to speed up the implementation of “Smart City Laguna”, as well as launching an additional 8 projects in Brazil and other countries which are characterized by a strong housing deficit.
Planet’s unique approach is truly innovative with respect to current global practices in the housing sector. It integrates environmentally sustainable technologies, digitized infrastructures, and social innovation into major Real Estate projects. This process results in the creation of a series of associated services, that are accessible via Planet’s Neighborhood App. This powerful tool helps to simplify the lives of residents while offering them services that extend far beyond their home.