Firm co-owned by Ikea and Skanska will work with Hampshire-based Vivid on development pipeline
Part Ikea-owned modular housing developer BoKlok has signed a deal with housing association Vivid to build 1,000 homes over the next five years.
The modular housebuilder, which has established a business in the UK in the last two years, said it will work with the Hampshire-based association to deliver up to 300 homes per year to various sites in Hampshire, Surrey Berkshire and West Sussex.
The deal will see the two organisations collaborate on land and planning issues, with BoKlok supplying the homes. The agreement is part of a plan by Vivid to build 17,000 homes in the next 10 years.
Swedish firm BoKlok, jointly owned by Ikea and construction giant Skanska, has built more than 12,000 homes in Scandinavia over the last 20 years, and has secured sites for nearly 500 homes since setting up in the UK in 2019.
Earlier this year it announced a deal with modular housing manufacturer TopHat (homes pictured, right) to construct two-and three-storey timber frame houses for the firm. The firm plans to see its first homes in a 200-home site in Bristol next year.