Skanska and IKEA's joint low-cost home provider BoKlok has finalised deals for its first three development sites.
Located in Worthing, Bristol and Peacehaven, the sites will provide around 400 homes, subject to planning permission.
BoKlok homes are completed using modern methods of construction. This enables high quality, low and predictable costs and minimum waste. The completed homes are manufactured off-site and feature high quality IKEA fittings. They are then transported to the construction site for assembly.
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."
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.
The first developments are expected to complete in 2021.
(CM/MH)
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