Chinese firm in US$3.4 billion UK homes deal

Mike Hayes

21 December 2016

A Chinese housebuilder has struck a GB£2.75 billion (US$3.4 billion) deal to open six factories in the UK, for the production of pre-fabricated modular homes.

China National Building Materials Group (CNBM) will operate a joint venture programme with the UK housing association, Your Housing Group, and the renewable energy firm,…

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