The past 18 months has seen several high-profile modular construction specialists cease trading. The financial difficulties of such contractors have increasingly deterred developers and funders pursuing modular projects, despite the fact that modular construction was heralded as a major breakthrough for the industry as recently as 2016.
In a piece for Construction News, Construction Partner Marc Hanson and Managing Associate William Chung explore what can by done to revive developer and funder financial confidence in modular construction, and at creative ways to mitigate inherent financial risk.
View the full piece here.