Bankwest backs modular building with new financing options in WA

Homeowners and modular builders to benefit from Bankwest's revised banking terms.
Financing modular builds in Australia has always been problematic. However, Bankwest's announcement last week is set to make modular buildings more accessible to homeowners. The changes will add an additional 'accelerant' and further boost the growing recognition and popularity of... READ MORE

Euro Precast drives construction excellence at Mondrian Gold Coast

Over 750 precast concrete elements by Euro Precast used in constructing Queensland's architectural landmark.
Burleigh Heads in Queensland is the location of a new joint initiative between hospitality group Accor and Vitale Property Group. When completed, Mondrian Gold Coast will be a blend of hospitality and residential living, featuring 83 residential apartments and a... READ MORE

MMC still a key player in UK’s modular housing despite Category 1 hurdles

UK housing developer informs government inquiry that Category 1 modular housing is too expensive due to modular builders' start-up costs.
One of the UK's largest developers within the housing association sector has stated that they are not commissioning Category 1 modular homes, citing unworkable costs, which could be up to 50% higher than those of traditional projects. Katie Gilmartin, head... READ MORE

Kingspan’s modular microhome design competition with prize pool

Competition launched by Kingspan to further the designs of modular microhomes.
Kingspan, in collaboration with Buildner (an organisation that hosts architectural competitions), has launched the latest edition of the MICROHOME architecture competition, this time with a €150,000 (AUD $245,000) prize pool. The MICROHOME Kingspan Edition is focussing on small-scale, modular-built, eco-friendly... READ MORE

Modular constructed British schools face demolition due to structural concerns

Flaws in RAAC and schools built by Caledonian Modular trigger widespread rebuilds of British schools.
In a recent development, the UK Department for Education (DfE) has confirmed that three schools constructed by the now-defunct offsite specialist contractor, Caledonian Modular, are scheduled for demolition over structural integrity concerns. (main pic: Haygrove School, Somerset, set to be... READ MORE

Vanguard acquires modular construction Module-AR from administration

Clinical infrastructure company Vanguard expands modular construction capabilities with Module-AR acquisition.
Vanguard, a UK provider of clinical infrastructure, has announced its acquisition of a Hull-based modular construction company, Module-AR (M-AR), from administration. Dean Watson and Paul Stanley from Begbies Traynor (a business recovery and insolvency firm), along with Rikki Burton from... READ MORE

NSW Government launches taskforce for modular social housing

Collaborative efforts: Industry leaders join forces in NSW housing taskforce to address social housing with modular construction.
The New South Wales government has launched a dedicated taskforce aimed at addressing the acute shortage of social housing through modular construction methods. With a budget commitment of $10 million, the initiative is set to oversee the construction of around... READ MORE

Modular housing has emerged as a key focus in a Victorian Government parliamentary inquiry

The Victorian Government's parliamentary inquiry into the rental and housing affordability crisis in Victoria has identified modular housing as a viable path forward.
A Victorian parliamentary inquiry, which published its findings last week, has cast a spotlight on the multifaceted housing and rental affordability crisis in the state, with modular housing emerging as a key focus. Initiated in May by the Legislative Council's... READ MORE

Construction industry’s reluctance to embrace new technology highlighted by PlanRadar survey

PlanRadar survey reveals that the construction industry's slow adoption of AI, robotics, and VR is indicative of its struggle with the complexities of digital transformation.
In a revealing survey conducted by PlanRadar, a construction technology firm, it found that the construction industry is showing a significant lag in adopting certain technologies for enhancing productivity. The survey, which took into account the insights of 1,326 construction... READ MORE

Modular builder M-AR rescued from administration

Strategic acquisition of M-AR to stabilise the modular builder’s future after a turbulent financial period.
In a significant turn of events, UK-based modular builder Module-AR Ltd (M-AR), headquartered in Hull, has been acquired out of administration. M-AR's journey into administration began in late October, following a period of rapid growth but increasing financial strain. The... READ MORE

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