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Ikea gets green light to build affordable homes in UK

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  • Ikea gets green light to build affordable homes in UK

    Worthing council gives go ahead for 162 flats by retailer’s joint venture with construction firm Skanska
    Homebuyers in a town where properties typically cost almost 12 times local salaries may soon have a low-cost option from Ikea after a UK council agreed to work with an affordable housing developer co-owned by the retailer.
    Worthing council has signed up with BoKlok, a company jointly owned by the Swedish retailer and construction firm Skanska which specialises in factory-built housing that can be constructed at a low cost.
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