The Cedar Pacific Accommodation Trust has completed two sustainable, premium student accommodation towers in the heart of the Melbourne CBD.
CBRE Investment Management’s Indirect Private Real Estate Strategies team invested in both developments as part of a joint venture with Cedar Pacific that now has three PBSA assets in operation and two in development.
UniLodge Melbourne Central is a 46-floor, 714-bed purpose-built student accommodation building located in the center of Melbourne at 293 - 303 Latrobe St., a short walk to RMIT University. UniLodge Melbourne CBD houses 652 self-contained studio and multi-share apartments over 37 floors and within easy walking distance to RMIT and Victoria University City Campus. They include theaters, state-of-the-art gyms, social areas, studies and sky lounges.
The UniLodge Melbourne CBD project on Wills Street presented a unique opportunity to restore the historical features of the original Victorian Printing Works buildin