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This concludes the first tranche of funding for Cedar Pacific's Seeded BTR vehicle in the region. Savills Capital Advisors and Savills Australia and New Zealand advised on this transaction and...
Cedar Pacific and Sumitomo Forestry will join forces on a $1.2 billion portfolio of build-to-rent towers that will use plenty of timber in their construction.
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Area is ear-marked for intensification as a metropolitan zone, hence the height.
Pro-invest will leverage off its expertise in developing and operating 6000 hotel rooms and launch into the build-to-rent apartment market this year.
Potential backers are being told Vicinity would consider tipping in its Buranda Village retail precinct, located five kilometres from the Brisbane CBD.