Ingenious' Real Estate Finance LLP has agreed a £19m loan facility with property developer Citu, to fund the next 120 units at the Climate Innovation District (CID) in Leeds.

The loan will fund the development of 120 new apartments and houses at what will become the largest sustainable residential development in the UK. Over 800 family homes are to be built in total over 4 phases, using Citu’s own off-site manufacturing facility, which uses an innovative timber framed system designed in collaboration with Leeds Beckett University to reduce carbon emissions at every stage.