Market Leads & Opportunities
ilke Homes sells Drybrook scheme to the Guinness Partnership
Modular housing company ilke Homes has agreed the sale of a 57-home affordable housing scheme in Drybrook, West Gloucestershire, to the Guinness Partnership housing association.The partnership marks ilke Homes’ fifth scheme as a full ‘turnkey’ developer – having secured the land at Mannings Farm, near Drybrook High Street, in March, before obtaining planning consent.All of the homes will be manufactured at ilke Homes’ 250,000 sq ft factory in Knaresborough, North Yorkshire, before being delivered to Mannings Farm. Work on site is expected to start imminently, and to finish in December 2021Precision-engineering means that the homes will be some of the most energy-efficient in the country.In 2019, ilke Homes struck a sector-first deal with Homes England with the Government’s national housing agency investing £30m into the modular housing company to help scale-up its factory’s production capacity.The deal with Guinness Partnership follows the announcement of ilke Homes’ £31m deal with global asset manager Man Group which will see the delivery of 227 factory-built homes in Grantham, Lincolnshire.
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