News

Sekisui sets sights on UK

By 2019-04-03T23:00:00

Housebuilding

Source: Shutterstock/Uncas Photo

Japanese modular housing giant Sekisui House has set up a UK company with a view to launching a major modular housebuilding push in the UK, Property Week can reveal.

The Tokyo Stock Exchange-listed company, which has a market cap of $12.7bn (£9.7bn), has set up Sekisui House UK and met with the government to discuss its plans.

According to government records, representatives from the company met with secretary of state for housing, communities and local government James Brokenshire and Homes England in November 2018 – the same month the company was incorporated – to discuss “housing in the UK”.

It is thought the company will look to emulate its success across Asia, the US and Australia, where it has used modular construction methods to deliver millions of houses and apartments.

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Try Property Week For Free to finish this article.

Sign up now for the following benefits:

  • Unlimited access to Property Week
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article TRY FOR FREE NOW

Don’t want full access? REGISTER NOW to read this article and up to 3 more this month and subscribe to our newsletters.

Registered users and subscribers SIGN IN here to continue