SANTO DOMINGO. – The Velutini Group announced this Wednesday morning the passing of its president and founder, Luis Emilio Velutini Urbina, at the age of 72. He was a key figure in the transformation of real estate and tourism development in the region, leaving a lasting mark on the country's economic and urban growth.
With a forward-thinking vision and a commitment to excellence, he led important projects such as BlueMall Santo Domingo and BlueMall Punta Cana, and under his direction the Velutini Group consolidated itself as a pioneering company in the development of shopping centers, corporate spaces, hotels and high-level residential communities.
The company announced that details of the farewell ceremonies for the man who was also co-founder of the Real Estate Investment Fund (FVI) in Venezuela and president of the Real Estate Investment Fund (Fondo Rentas Inmobiliarias) will be released soon.
For more than five decades, Luis Emilio Velutini's leadership contributed to the creation of thousands of jobs, the attraction of strategic investments, and the expansion of the tourism potential of the Dominican Republic and the region.
The statement from the Velutini Group says that Mr. Luis Emilio will be remembered “for his humanist vision, his professional integrity and his firm belief in sustainable development as an engine of social transformation.”.
Both the Velutini family and the Group team expressed their gratitude for the countless expressions of solidarity received and reaffirmed their commitment to continue the legacy of innovation, excellence, and growth that he passionately and dedicatedly fostered.
