Set to enter the UK market is Japan’s largest homebuilder – Sekisui House -, which has already formed a partnership with Homes England and Urban Splash.
“Sekisui House bring with them a proven track record in harnessing the modern methods of construction that are transforming home building. Backed by Government investment, today’s announcement will support our urgent mission to deliver more, better and faster home construction to ensure a new generation can realise the dream of home ownership,” said Kit Malthouse MP, Minister of State for Housing.
The homebuilder will be investing £90 million out of which £55 million will go into regeneration company Urban Splash’s ‘House’ development business. This provides a significant boost to the UK’s modular housing industry and will help to speed up production of much needed new homes.
“We are extremely pleased to be able to work together with Homes England and Urban Splash to establish our operations and help to create outstanding communities in the UK. Using modern methods of construction to build high quality homes with short build times is one of our company’s great strengths. Our technology and know-how can help resolve pressing social issues in the UK, and I want to see us play our part effective immediately. These operations can also help bring vitality to UK regions, and we will work to make the strongest connections with the local communities,” added Yoshihiro Nakai, President and Representative Director of Sekisui House Ltd.