GS subsidiary wins rental modular house deal in Britain

Elements Europe, GS Engineering and Construction (GS E&C)'s steel frame modular subsidiary, won a $165 million deal to build rental modular houses in Britain, the construction company said Wednesday.

A rendered aerial view of Camp Hill, a rental housing project that will involve modular buildings made by Elements Europe, a British subsidiary of GS Engineering and Construction [GS E&C]

Elements Europe, GS Engineering and Construction (GS E&C)'s steel frame modular subsidiary, won a $165 million deal to build rental modular houses in Britain, the construction company said Wednesday.

The project, dubbed Camp Hill, is the largest modular housing project in Britain with a total of 550 rental housing units and commercial facilities in Birmingham.

Scheduled for completion in the first half of 2026, Camp Hill is a build-to-rent redevelopment project led by British real estate developer Goodstone Living.

Elements Europe will erect steel modules for the rental buildings by assembling 1,100 self-designed, ready-made modules at the construction site located a mile away from Birmingham city center. This fabrication method allows the company to reduce the pollution and noise that normally accompanies a construction site.

“We will expand our presence in the modular business, which is expected to grow continuously worldwide, by successfully completing Britain’s largest modular housing project,” GS E&C President Huh Yoon-hong said.

BY SOHN DONG-JOO [sohn.dongjoo@joongang.co.kr]