Sekisui House takes 35% stake in Urban Splash

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England’s Urban Splash expects to build 10 times as many modular homes following Sekisui House, the Japanese housebuilder, taking a 35% stake in the Manchester-based developer.

Sekisui House has invested £22m in Urban Splash House Holdings, a new operation established alongside Urban Splash, with a view to ramping up capacity at the UK group’s modular homes factory in Alfreton in the East Midlands from 200 homes a year to 2,000.

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