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Milestone
2025
Cedar Pacific 10 Year Anniversary
Celebrating a decade of leadership in living sector investment management across Australia and New Zealand.
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Appointment
13 April 2026
Cedar Pacific Welcomes David Lam as Project Director
We’re pleased to welcome David Lam to Cedar Pacific as our new Project Director, strengthening our delivery capability as we continue to grow our Living Sector platform.
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Appointment
23 March 2026
Cedar Pacific Welcomes Seyda Andrews as Legal & Compliance Manager
We’re pleased to welcome Seyda Andrews to Cedar Pacific as our Legal & Compliance Manager, strengthening our governance and risk capability as we scale across PBSA and Build-to-Rent.
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Green Finance
24 June 2025
Cedar Pacific and CBA Complete $156 Million Green Loan Transaction
Cedar Pacific and CBA complete $156M Green Loan refinancing across Melbourne PBSA assets, underpinned by 5 Star Green Star certifications.
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Green Finance
16 June 2025
Cedar Pacific and SMBC Complete $190 Million Green and Social Loan for Quay Street
Cedar Pacific's first Social Loan - a $190M facility with SMBC for the 50 Quay Street BTR development in Brisbane, targeting 5 Star Green Star.
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International Expansion
02 June 2025
Manulife IM and Cedar Podium Partner on Zero-Carbon Student Housing in Kingston, Ontario
A 15-storey, 389-bed Zero Carbon certified student housing development near Queen's University in Kingston, Ontario - the first Cedar Podium and Manulife IM collaboration.
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Investment
28 February 2025
Cedar Pacific Welcomes Australian Ethical as Investor in Quay Street Brisbane BTR Project
Final close of Cedar Pacific's Brisbane BTR project, with Australian Ethical joining as the first domestic investor partner in the 475-apartment Quay Street development.
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Media
26 February 2025
Cedar Pacific Gets Local Backer for Brisbane Tower
Australian Ethical joins offshore investors backing Cedar Pacific's landmark 475-unit build-to-rent project in Brisbane - signalling growing domestic appetite for the sector.
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ESG Achievement
24 October 2024
Cedar Pacific Recognised as Top-Ranked ESG Manager Among 145 Peers in Oceania
Cedar Pacific's commitment to sustainability recognised by GRESB as the top-ranked ESG manager for Real Estate in the Oceania region.
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Acquisition
12 August 2024
Cedar Pacific Acquires Canberra Development Site for New Build-to-Rent Development
Cedar Pacific acquires Block 3 57 Turner, ACT from the ACT Government for a new ~300-apartment BTR development including 15% affordable housing.
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Government
06 August 2024
Contracts Exchanged on Turner Build-to-Rent Project
Hundreds of new rental homes in Turner are a step closer with contracts now exchanged on the first dedicated build-to-rent site to be delivered by the private market in Canberra.
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Investment
06 August 2024
Grosvenor and Moata Ventures Commit to Brisbane BTR Market via Cedar Pacific's Quay Street Project
Grosvenor's Diversified Property Investments and Moata Ventures join Sumitomo Forestry in Cedar Pacific's transformative Quay Street Brisbane BTR development.
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Partnership
05 April 2024
Cedar Pacific and Sumitomo Forestry Announce ESG-Focused Build-to-Rent Partnership
Cedar Pacific and Sumitomo Forestry announce a strategic partnership to develop sustainable Build-to-Rent communities across Australia and New Zealand, beginning with 50 Quay Street Brisbane.
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Green Finance
11 March 2024
Cedar Pacific Secures First Green Loan with SMBC for 655-Bed Student Accommodation Project
Cedar Pacific and CBRE Investment Management launch a green loan partnership with SMBC - a milestone in sustainable financing for the A$101m Kensington PBSA project targeting 5-Star Green Star.
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Fund Update
05 October 2023
Cedar Pacific Announces Successful Exit of Minority Investors in Debut Student Accommodation Fund
The fund launched in 2015 achieved a gross IRR of 14.7% - at the top of the expected range - despite COVID-19 challenges, underscoring the strength of the student accommodation sector.
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Appointment
27 September 2023
Cedar Pacific Appoints David Hill as Chief Investment Officer to Continue Growth of Living Sectors
Cedar Pacific Investment Management appoints David Hill as Chief Investment Officer - an experienced living sector specialist with over 12 years in commercial real estate capital markets.
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Media
09 May 2023
Build-to-Rent Unit Tower Set to Revitalise Brisbane City Fringe
Cedar Pacific lodges plans for a 32-storey, 475-apartment build-to-rent tower on Brisbane's western fringe - the state government's third pilot build-to-rent project.
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Media
09 May 2023
Plans Filed for Brisbane Build-to-Rent Bonanza
Cedar Pacific teams with Essence Communities on a 32-storey, 475-apartment build-to-rent tower at 50 Quay Street - one of three inner-Brisbane properties in Queensland's pilot BTR program.
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Media
03 May 2023
Build-to-Rent Development to Bring New Housing Choice and Availability to Takapuna
Cedar Pacific and McConnell Property consortium secure a sale and development agreement with Eke Panuku to deliver ~350 build-to-rent homes in Takapuna - the North Shore's first major BTR development.
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Completion
27 February 2023
Cedar Pacific Completes Premium Student Accommodation Towers in Melbourne through JV Investment with CBRE Investment Management
The Cedar Pacific Accommodation Trust completes two highly sustainable, premium student accommodation towers in the Melbourne CBD - UniLodge Melbourne Central (714 beds) and UniLodge Melbourne CBD (652 beds).
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Appointment
15 February 2023
Cedar Pacific Appoints Alan Frost as Director of Development
Alan Frost joins Cedar Pacific as Director of Development, bringing 30 years of experience including management roles at Lendlease and most recently as Group Executive – Head of Residential at 151 Property.
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Media
10 February 2023
State Wants Ideas from Builders, Developers to Help Solve Housing Crisis
Treasurer Cameron Dick announces Cedar Pacific has been selected to deliver the 50 Quay Street build-to-rent project in Brisbane - 470 homes with up to 250 at discounted government-subsidised rent.
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Government
09 February 2023
Queensland Treasury and Cedar Pacific Announce Affordable Build to Rent Project
Cedar Pacific selected to deliver a 470-home build-to-rent development at 50 Quay Street, Brisbane under the Palaszczuk Government's BTR pilot project - with up to 250 apartments at discounted rent.
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Media
20 September 2022
Cedar Pacific Doubles Up in Adelaide as Students Return
Cedar Pacific acquires a 405-bed student accommodation facility in central Adelaide for ~$50m, bringing total PBSA beds to ~7,200 as occupancy bounces back with the return of international students.
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Completion
24 March 2022
One of World's Tallest Purpose-Built Student Accommodation Towers Has Officially Opened Its Doors
UniLodge officially opens Cedar Pacific's 51-storey, 909-room tower at 480 Elizabeth Street, Melbourne - one of the world's tallest purpose-built student accommodation buildings.
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Diversity & Inclusion
24 March 2022
Zhinus Etehad from Cedar Pacific Accepted to 500 Women in Property Program
Cedar Pacific marks International Women's Day with the announcement that Zhinus Etehad (Director of Legal, Compliance & ESG) has been selected for the 2022 Property Council of Australia 500 Women in Property program.
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ESG Achievement
18 January 2022
Cedar Pacific Announces 5-Star Green Star Certification for Two Melbourne Development Projects
Cedar Pacific's developments at 17–21 Wills Street and 293–303 La Trobe Street, Melbourne have each been certified with a 5-Star Green Star Rating based on as-built designs.
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Acquisition
17 September 2021
Cedar Pacific Partners with University of Canterbury
Cedar Pacific acquires the purpose-built student accommodation concession at the University of Canterbury from Campus Living Villages - 1,551 beds across Uni Hall, Ilam Apartments and Sonoda.
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Completion
15 February 2021
Cedar Pacific Opens Student Accommodation in Auckland
Cedar Pacific opens its 697-bed student accommodation facility dedicated to AUT students on the corner of Wakefield and Mayoral Drive - the fourth student accommodation in Auckland for Cedar Pacific.
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Appointment
16 December 2020
Cedar Pacific Appoints Carlee Couch as Investment Director
Carlee Couch joins Cedar Pacific's Brisbane-based business as Investment Director in the Sydney office, bringing 9 years of experience in corporate finance, investment analysis and funds management.
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Media
14 December 2020
Cedar Pacific to Tap Investors for Build-to-Rent Fund
Cedar Pacific plans to raise a $500m build-to-rent fund in Q1 2021, expanding beyond its $1.5bn student accommodation portfolio as it targets looming rental housing shortages across Australia and NZ.
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Appointment
12 November 2020
Cedar Pacific Appoints Infrastructure Expert Mark de Medici as Chief Financial Officer
Mark de Medici joins Cedar Pacific as CFO, bringing 25 years of experience in corporate finance and funds management, previously a Principal at QIC focusing on social infrastructure investment.
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Media
11 August 2020
Cedar Pacific Puts Its Foot on Anzac Parade 'Super Site'
Cedar Pacific takes control of an $80m amalgamated 'super site' at 177–197 Anzac Parade, Kensington - 24 properties totalling over 4,000sqm, close to UNSW - marking Cedar Pacific's first Sydney entry.
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Community
02 June 2020
New Scholarship Makes RMIT Home for Indigenous Students
Cedar Pacific's $1 million gift provides 10 Aboriginal and Torres Strait Islander students with accommodation scholarships at UniLodge Royal Melbourne - covering residences and pastoral care for up to three years.
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Completion
01 February 2020
Without Reserve: Cedar Pacific Expands Footprint
Cedar Pacific opens Lincoln House - a 579-bed purpose-built student accommodation complex on Bouverie Street, Carlton, in partnership with the University of Melbourne, managed by UniLodge.
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Milestone
29 January 2020
Lincoln House Official Opening
Official opening and ribbon cutting ceremony of Cedar Pacific's 3rd Purpose Built Student Accommodation building in Melbourne - Lincoln House, an affordable option in Carlton designed around communal student life.
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Media
10 July 2019
Super Funds Missing Out on 'Huge' Student Housing Opportunity
Cedar Pacific CEO Bernie Armstrong says Australian super funds are missing a major opportunity in student accommodation - all $850m raised to date has come from overseas pension funds who are quick to see the returns.
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Media
07 February 2019
Cedar Pacific Raises $500m via Credit Suisse
Cedar Pacific tops up its acquisition war chest with a $500m raising for a new student accommodation fund via Credit Suisse as exclusive placement agent, predominantly backed by institutional investors.
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Media
30 April 2018
Cedar Pacific to Raise $600m for Student Accommodation
Cedar Pacific looks to raise up to $600m for new student accommodation projects across Australia's capital cities, targeting the tight residential market near major universities.
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Milestone
20 February 2017
New student high-rise opens at University of Auckland
A new state-of-the-art apartment complex for University of Auckland students officially opens on Symonds Street, providing 343 self-contained studio apartments close to campus.
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