Elements Europe appointed as the main contractor on £100m hotel and office scheme

Offsite modular specialist Elements Europe has been appointed as the Main Contractor on a £100m central London hotel and office scheme.

The central London scheme at East Road, funded by UBS Asset Management Real Estate & Private Markets (REPM) and development partners BSW Land and Property and The Pickstock Group, would provide 5 storeys of high-quality workplaces under a 17-storey volumetric modular Motel One 4* hotel.

The development will meet the Environmental, Social, and Governance (ESG) goals of its stakeholders, with prefabricated modules forming the bulk of the superstructure, reducing noise and pollution while minimising environmental effects and disruption.

When compared to standard building methods, the scheme will have less embodied and operational carbon, as well as lower waste levels and higher fabric first insulation performance. The office facility is aiming for a BREEAM 'Excellent' rating, highlighting the project's sustainability credentials.

Elements Europe has a strong balance sheet and backers to achieve its vision of becoming a world leader in the creation of future sustainable, technologically advanced manufactured construction solutions, having secured significant investment through a majority acquisition by the giant South Korean conglomerate GS E&C.

"We look forward to working with our partners in this prime, central London location, on this advanced scheme. Elements Europe has considerable experience as a leading large scale modular manufacturing and construction company, having been founded over 17 years ago. Now supported by one of the world's leading construction and engineering Group's - GS E&C - it enables us to provide certainty and security for our customers in today's difficult markets. The environmental aspects of this scheme are important to us as a business and are another example of how the industry can continue to modernise for our sustainable future" Elements Europe's CEO, Simon Underwood, stated.