Grosvenor’s Diversified Property Investments business has partnered with Cedar Pacific on multiple living-sector investments, reflecting a shared commitment to delivering high-quality, sustainable rental homes.

The partnership began with Grosvenor’s investment in Quay Street, Brisbane – a transformative build-to-rent development delivering 475 new homes, around half of which will be leased on an affordable basis, supporting the Queensland Government’s efforts to increase affordable housing provision. The investment marked Grosvenor’s first build-to-rent investment in Australia.

Building on this relationship, Grosvenor has since partnered again with Cedar Pacific on the delivery of its first sustainable co-living development in Wolli Creek, Sydney, alongside Sumitomo Forestry Australia and Moata Ventures. The scheme will deliver 217 purpose-designed studio homes within a masterplanned precinct with direct rail access to Sydney CBD and the international airport, responding to Sydney’s growing need for high-quality, professionally managed rental accommodation.

Cedar Pacific is committed to creating design-led communities that meet the evolving needs of today’s renters, while Grosvenor continues to expand its living-sector portfolio in Australia through long-term, sustainable partnerships.