Pinsent Masons advises on financing of Brisbane build-to-rent project
28 Jul 2025 | 02:02 am |
Multinational law firm Pinsent Masons has advised global bank Sumitomo Mitsui Banking Corporation (SMBC) on the creation and recent financial close of a syndicated green and affordable housing development facility to finance a residential build-to-rent development in Brisbane’s CBD.
The facility will be used by leading specialty investment manager Cedar Pacific to build the 50 Quay Street project, which will see the construction of 475 apartments in the heart of Brisbane.
The project is a collaboration with the Queensland Government and is part of the government’s plan to build additional social and affordable housing across the state. The matter has involved working with the government in relation to the negotiation of a Financier Side Deed with the State Government.
The Pinsent Masons team advising on the matter is led by banking and finance legal director Melanie Hunter.
Commenting on the matter, Melanie said: ‘We are very pleased to be working with SMBC and Cedar Pacific on this important transaction for the Brisbane market. This project will build a beautiful and sustainable community for a cross-sector of the residential market in the thriving Brisbane metropolis.’
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