Grosvenor’s Diversified Property Investments business has partnered with Cedar Pacific, investing in Quay Street, Brisbane - a transformative development delivering 475 new homes to rent. 

Around half of these will be leased on an affordable basis, helping to support the Queensland Government's efforts to increase affordable housing provisions within the state.

Cedar Pacific is committed to creating high-quality, design-led communities that cater to the evolving needs of today's renters.

The investment marks Grosvenor's first build to rent investment in Australia.