Government funds Japanese prefab builder to enter UK market | Construction Buzz #217
Japan’s biggest house-builder is entering the UK market – with financial support from UK taxpayers.
Sekisui House has set up in the UK with £22m of its own money and £30m from the government’s Home Building Fund, administered through Homes England.
Sekisui House is considered to be a pioneer of modern prefabrication methods, building houses in factories and delivering finished units to site for assembly. In the year to 31st January 2019 it made a profit of £900m on sales of more than £15bn. It is active in the USA, China, Singapore and Australia, as well as Japan.