Manulife Investment Management (“Manulife IM”) and Cedar Podium Investment Management announced today a strategic partnership to develop a purpose-built student housing (PBSH) residence in Kingston, Ontario, strategically located downtown with direct access to Queen’s University. Located at 283 Queen Street, the 15-storey development will provide 389 fully furnished bedrooms (178 units) and a suite of modern amenities, including a fitness centre, study areas, a social lounge, and centralized laundry facilities.

The build-to-rent apartment revolution sweeping Australia is picking up more domestic backers with developer Cedar Pacific winning the support of local company Australian Ethical for a major tower in Brisbane.

Cedar Pacific, a leading Australian investment manager in the Living Sector, today announced the final close for its BTR project in Brisbane through a partnership with leading ethical fund manager, Australian Ethical. This marks a key milestone for Cedar Pacific as its first domestic investor partner.

Our team’s unwavering commitment to sustainability in every aspect of asset and investment management has led us to this remarkable achievement. At Cedar Pacific, we believe that sustainable practices are not just a trend but a necessity for creating long-term value for our residents, our investors, and the environment.