News

Skanska and Ikea sign first UK offsite homes deals

4 February 2020 | By Neil Gerrard

Skanska and Ikea’s offsite homes joint venture, BoKlok UK, has exchanged contracts on its first three developments.

The first three sites, across the south and south west of England, are in Worthing, Bristol and Peacehaven. Together, they will provide around 400 homes, subject to planning permission.

The completed homes are manufactured offsite in a facility in Estonia and fitted out with Ikea fittings.

Most of the homes will be for market sale, while a portion will be sold to local authorities and housing associations, to be part of their social housing schemes.

BoKlok president, Jonas Spangenberg 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.”

The first developments are expected to complete in 2021.

Comments

Fantastic news, Skanska has been putting capital into this deal for a decade starting with Modernahaus and now delivering at scale. Well done to all concerned

Craig Sparrow, 4 February 2020

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