It’s not often a modular housing manufacturer gets an order for 472 modular housing units but Ilke Homes is gearing up to provide the homes for Places for People.
Under the deal, Places for People, which owns or manages 220,000 homes, will forward purchase modular homes from Ilke Homes across two schemes; a 307-home development in Burgess Hill, Sussex and a 165-home development in Exmouth Junction, Exeter.
The homes will be a mix of apartments and two, three and four-bedroom properties and will be managed by Places for People. They will be available for affordable rent or shared ownership.
Scott Black, group executive director – developments, at Places for People, said: “By adopting modern methods of construction (MMC), our partnership with a proven modular business such as Ilke Homes allows us to create more affordable, well-designed mixed-tenure communities across the country – speeding up delivery, cutting costs and giving our customers unrivalled choice and quality.
Dave Sheridan, executive chair at ilke Homes, said: “These transactions mark a significant achievement for our modular business, with Burgess Hill being the largest for our business in both GDV and volume for a forward-sold turn-key delivery package on a single site. Exmouth Junction is similarly the largest site to date secured and packaged in the SW region.”
The deal comes weeks after Ilke announced plans to build 622 homes in what has been billed ‘the largest low-rise modular development in the UK” on land acquired from pharmacy chain Boots in Nottingham.
CLICK HERE to read the entire Housing Today article
Related Articles:
- Ilke Homes’ Future Housing Projections Brings In $82M Investment
- Ilke Homes Wants Modular To Spearhead New Housing In England
- England’s Ilke Modular Homes To Offer Total Vertical Integration
Gary Fleisher is the Editor in Chief of the Modular Home Source. Email at [email protected]
