- Housing Minister Christopher Pincher MP opened the
modular housing firm’s new office in Tamworth on 5th November, where the
company is paving the way for new local jobs
- The 2,500 sq. ft office will be an initial base for 30
employee, including regional development team that has landed major deals
in the region since launch of company’s ‘turnkey’ developments offering
- The office is situated on B5K Business park and
benefits from exceptional road links and a central location
Modular housing pioneer ilke Homes welcomed Housing Minister Christopher
Pincher MP to Tamworth, Staffordshire on Friday 5th November to open the
company’s new offices.
The new facilities will provide a base for ilke Homes’ Midlands team as the
company continues with its expansion in the region, where it is already
delivering homes for a mix of clients from the public and private sectors.
The announcement follows a string of major ‘turnkey’ development deals that
the company has landed in the Midlands in the last year. In July, the
housebuilding company was selected by FTSE 100 firm Boots UK to deliver a
622-home community in Beeston, Nottingham. The site is due to become the
company’s flagship site.
ilke Homes also recently announced that it had raised £60 million in a
recent fundraise. The raise was split between £30 million debt from government
agency Homes England and £30 million of equity from new and existing investors
- including TDR Capital, The Guinness Partnership and Middleton Enterprises.
Located at B5K Business park, the company’s new offices, which will pave the
way for the creation of new jobs for the local community, will provide its
regional development team with a central location that is in close proximity to
most major sites in the region.
Since launching its developments offering last year, by which ilke Homes
secures land, gains planning permission, manufactures the new homes and
develops the sites for its clients, the company has developed a pipeline
consisting of 3,000 homes - 1,100 of which are located in the Midlands region.
ilke Homes, which now has an order book worth over £200 million, is working
with a range of Midlands-based developers, housing associations and councils to
ramp up the delivery of high-quality, energy-efficient homes. These include:
- Working with Nottinghamshire County Council to unlock a
brownfield site in Arnold, Nottingham that has laid derelict for six years
for the delivery of 131 affordable homes
- A £31m deal with hedge fund giant Man Group to deliver
227 affordable homes in Grantham, Lincolnshire
- Delivering 42 affordable homes on former-Network Rail
land in Beeston, Nottinghamshire for housing association emh group
Much like how cars are created, ilke Homes precision-engineers homes along
production lines at the company’s Yorkshire-based factory. These are then
shipped to sites across the UK.
By manufacturing offsite, ilke Homes is able to deliver highly
energy-efficient homes, helping investors green their portfolios. In July, the
company launched ilke ZERO, the
UK’s first mainstream zero-carbon home. ilke Homes is ready to roll out a 1,000
of these a year for a mix of clients following successful trials on sites
across the UK - including one in Newark where the company delivered nine
zero-carbon homes for SME developer Positive Homes.
Housing Minister Rt
Hon Christopher Pincher MP, comments:
“I am delighted to welcome ilke Homes to Tamworth as they continue their
expansion into the Midlands. As the local MP I know that this new office,
located in the centre of Tamworth, will be essential for the creation of new
jobs in the town.
“We are committed to building the homes our country needs and modern methods
of construction (MMC) has a vital role in building quality, efficient,
beautiful homes.
“With the huge leaps forward in technology, today you can build an MMC
kitchen in less time than it takes to watch an episode of Grand Designs.”
Tom Heathcote,
executive director of development at ilke Homes, comments:
“The opening of our new offices in Tamworth is the culmination of a successful year of growth in the Midlands region, where we now have a 1,100-home pipeline. Thanks to our central location, we will be able to continue helping unlock sites across the region for the development of high-quality, energy-efficient housing, while helping pave the way for jobs - meaning we’re making a direct economic contribution to the region.”
