Thursday, June 27, 2019

IKEA is Bringing its Low-Cost Modular Housing Units to the UK

Affordable developer BoKlok, which is co-owned by IKEA and Skanska, has signed a deal with Worthing council in West Sussex to build low-cost housing in the south of England.

Worthing council has approved plans for the IKEA subsidiary to build 162 apartments on land it owns, reported the Worthing Herald.

The first apartments will be available from early 2021.

The council will be given 30% of the 162 homes at cost value to be used as social housing, in return for use of the land.

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