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Goldman Sachs puts millions into flat-pack housing in the UK

US bank says modular homes start-up can help solve the country's housing crisis

TopHat designs and manufactures modular homes, which are built in sections that can be put together on development sites
TopHat designs and manufactures modular homes, which are built in sections that can be put together on development sites

Goldman Sachs has made an investment in a London-based start-up specialising in technology-led prefabricated homes, claiming the young company can help to solve the UK’s housing shortage.

The US bank has put £75m into TopHat, which was set up in 2016 to design and manufacture homes in sections — or modules — that are then transported to development sites and put together.

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