News Release 28 Sep 2023 10:00 CEST

NIBC Joins Precede and Nomura in £227m Financing of Downing Living's First Street Co-Living Development in Manchester


We are happy to join Precede Capital Partners and Nomura in the £227m development financing to Downing for the construction of First Street, a premium co-living development in Manchester.

The scheme will include 1,790 homes that are targeted for new graduates and young professionals.

We are proud to contribute to the development of these much-needed homes and support Downing Living in their sustainability ambitions as the development will have air source heat pumps, EV charging points and rooftop solar PV provision.

Read more about this deal on LinkedIn.

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