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Ikea’s offsite housebuilding partnership agrees first three sites
BoKlok, the homebuilding joint venture between construction company Skanska and home furnishing giant Ikea, has exchanged contracts on its first three development sites.
The three sites, in Worthing, Bristol and Peacehaven, will provide around 400 homes, subject to planning permission.
Most of the homes will be for market sale, but some will be sold to local authorities and housing associations for social housing, BoKlok said. The developments are expected to be completed in 2021.
The company had initially signed off an agreement with Bristol and Worthing councils to build homes in their areas last year, and has now agreed its initial development plots.
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BoKlok announced its intention to launch in the UK last year, but already operates in Sweden, Norway and Finland. To date it has developed about 12,000 homes across the three Scandinavian countries.
Its homes are built using modern methods of construction and are mostly made of wood, which the company says enables high quality, low and predictable costs and minimum waste.
The completed homes are manufactured offsite and fitted with Ikea fittings and are then transported to the construction site for assembly.
Jonas Spangenberg, president of BoKlok, said: “We are delighted to meet this first milestone for our UK business. We are grateful to our partners and the local authorities we are working with who have been supportive in sharing our vision of sustainable, quality, low-cost homes for all.”
Inside Housing Development Summit 2020
Inside Housing is pleased to join forces with Homes England and the LGA to introduce the Inside Housing Development Summit.
Taking place on 27-28 April 2020, the summit will gather together local authorities, housing associations, developers, fund managers and advisors for a Chatham House style event focussed on making new connections and exploring new delivery models.
The summit will take place over 28 hours, starting with an afternoon plenary on 27 April, an exclusive development site study tour to Northstowe, England's largest new town since Milton Keynes, followed by a business dinner.
The second day will provide opportunities to network with a range of senior Homes England and LGA staff including Nick Walkley, chief executive of Homes England and Mark Lloyd, chief executive of LGA.
You’ll also meet with leaders from across the development ecosystem and take part in group discussions to help you connect and explore new opportunities. All accommodation and meals will be provided within the fee.
Places for each stakeholder group are limited to ensure a balanced mix of participants and to make sure you leave with the relationships and leads you need.
Click here to book your place or for more information
