Swedish firm to launch prefab system as Cooper calls on foreign builders to enter sector

Swedish contractor Skanska is planning to move into the UK housebuilding market in the same week that the government called for foreign firms to raise their game.

Europe鈥檚 third largest contractor has quietly been working up proposals over the past 18 months to launch a concrete prefabricated system known as ModernaHus. It is in talks with 鈥渁 number of developers鈥� over contracts.

David Fison, chief executive of Skanska UK, said: 鈥淲e鈥檙e ready to rock 鈥檔鈥� roll and will target the affordable housing market. God willing, this will become a significant part of our business.鈥�

He added that the low-carbon ModernaHus system had been used on 鈥渉alf a dozen鈥� sites in Sweden and would bring Swedish expertise, which is admired by Gordon Brown, to 鈥渉elp build eco-friendly communities here鈥�.

The move is in addition to the 1,000 homes that Skanska鈥檚 Swedish arm hopes to build in the UK by 2009 through its BoKlok venture with Ikea and housing association Home Group.

The news comes as Yvette Cooper, the housing minister, used her first interview since being appointed to the Cabinet to call for more foreign companies to begin building homes in the UK (see box).

Cooper was speaking exclusively to 好色先生TV after the launch last month of the housing green paper in which the government pledged to increase the rate of housebuilding in England by 20% to 240,000 by 2020.

She said: 鈥淚 think that would promote greater competition 鈥� we would like to see more entry into housebuilding and development.

鈥淚f we can learn from the techniques and capabilities used by companies working abroad and in other parts of Europe where they are currently ahead of us on environmental standards it will be good for housing in this country as well.鈥�

Cooper did not name any firms that she would like to see competing in the British market.

Who鈥檚 next? These are the ones to watch 鈥�

France

  • Nexity: 10,500 homes and 拢1.2bn turnover in 2006
  • Bouygues Immobilier: 10,800 homes across five countries and 拢1.1bn turnover in 2006
  • Kaufmann and Broad: 7,000 homes and 拢882m revenue in 2006

Spain

  • Fadesa: 拢882m turnover in 2006; 24 million m2 of land in development
  • Acciona: 拢475m turnover in 2006

Germany

  • Corpus: Will invest 拢387m on 2,500 homes by end of 2008

Sweden

  • NCC: 22,000 employees and 拢4.1m sales in 2006

Postscript

Skanska has won a 拢150m contract to design and build the 600,000 ft2 Walbrook development in the City of London for developer Minerva.

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