Cedar Pacific is a specialist investment manager focused exclusively on the living sector across Australia and New Zealand.
Cedar Pacific is a specialist living sector investment manager and developer operating across Australia and New Zealand. We match institutional capital with high-quality investments in PBSA, Build-to-Rent and Co-Living, managing the full lifecycle from investment strategy through to asset delivery and capital return.
Over the past decade we’ve delivered purpose-built rental accommodation now home to more than 10,000 residents - a track record grounded in disciplined execution and deep operational expertise. We target assets with structural demographic tailwinds - international student growth, urbanisation, and the long-term shift toward renting - where demand is resilient and the fundamentals support stable, long-term value.
Built to serve institutional capital with discipline, transparency, and execution certainty, we exist to honour the fiduciary responsibility our investors entrust to us - delivering on the promise of performance, protection, and purpose.
Our journey →We invest exclusively in residential living - PBSA, Build-to-Rent and Co-Living - giving us unmatched depth of knowledge, operator relationships and market intelligence in the sector.
From development through to operations, our team is deeply involved at every stage of an asset's life cycle - driving occupancy, resident outcomes and long-term value creation.
We have established and managed multiple funds backed by leading global institutional investors, delivering disciplined investment management and strong risk-adjusted returns.
Cedar Pacific founded with the launch of its first fund - a dedicated PBSA off-campus fund raising A$350m in equity.
Fund 1 deployment on track with 4 PBSA assets acquired across 3 markets totalling 1,955 beds.
Committed Fund 1 with over 2,400 beds in operation and a further 3,000 under development.
Finalised Fund 2, raising over A$500m in equity from European investors.
Committed over 50% of Fund 2 with the acquisition of a Sydney asset.
Entered the multifamily process with Queensland State Govt in Brisbane to deliver 475 BTR apartments. Fund 3 launched with 3 seed on-campus PBSA assets totalling 1,551 beds in Canterbury, New Zealand.
Committed over 85% of Fund 2 with the acquisition of Adelaide asset, taking total beds to 3,180. Expansion into multifamily with two assets in development.
Exited Fund 1 minority partners delivering a 14.7% gross IRR against a target return of 13–15% IRR. BTR fund-raise process kick-off.
Ranked #1 ESG manager for Real Estate among 145 peers in the GRESB benchmark. BTR Fund raised and first asset committed in Brisbane.
UniLodge Auckland Central - our 758-bed tower on Lorne Street - reached practical completion in September 2025, welcoming its first students in January 2026.
50 Quay Street topped out and is on track for completion in 2026. Cedar Pacific continues to grow its living sector platform across PBSA, BTR and Co-Living - actively managing assets across Australia and New Zealand with a focus on sustainability and resident outcomes.
We invest exclusively in the living sector - purpose-built student accommodation, build-to-rent and co-living - building unmatched depth across the demographics that drive demand and the operations that shape resident experience and asset performance.
We stay operationally active across the full investment lifecycle: originating and acquiring, partnering with leading developers and builders to deliver new supply, and working hand-in-hand with best-in-class operators to manage assets for the long term.
We target assets with structural demographic tailwinds - international student growth, urbanisation, and the rise of renting as a lifestyle choice - across Australia and New Zealand's most connected, supply-constrained markets.
Backed by global institutional investors across multiple funds, we pair disciplined capital management with embedded responsible-investment principles - recognised sustainability ratings, affordable and well-located homes, and a focus on resident outcomes - aiming to deliver strong risk-adjusted returns through market cycles.
Our team combines deep experience across real estate investment, asset management, development, and capital markets. A focused team with a single mandate - the living sector.