The Urban Developer
AdvertiseEventsWebinarsUrbanity
Industry Excellence
Urban Leader
Sign In
Membership
Latest
Menu
Location
Sector
Category
Content
Type
Newsletters
AFFORDABLE HOUSING DEVELOPMENT SUMMIT THURSDAY, AUGUST 28, 2025
AFFORDABLE HOUSING SUMMIT THURSDAY, AUGUST 28, 2025
EVENT DETAILSDETAILS
TheUrbanDeveloper
Follow
About
About Us
Membership
Awards
Events
Webinars
Listings
Resources
Terms & Conditions
Commenting Policy
Privacy Policy
Republishing Guidelines
Editorial Charter
Complaints Handling Policy
Contact
General Enquiries
Advertise
Contribution Enquiry
Project Submission
Membership Enquiry
Newsletter
Stay up to date and with the latest news, projects, deals and features.
Subscribe
ADVERTISEMENT
SHARE
3
print
Print
OtherMarisa WikramanayakeMon 26 Jun 23

Greystar, UEM Sunrise Plot Collingwood BtR Project

Cox Architecture's render of UEM Sunrise and Greystar's planned build-to-rent project in Melbourne's Collingwood.

International investors are keen on Australia’s build-to-rent sector as two heavyweights announce a joint partnership to develop a major project in Melbourne.

Malaysian developer UEM Sunrise Berhad and global rental housing investment firm Greystar Real Estate Partners announced the joint venture to undertake a build-to-rent project at Collingwood.

It will be the first such project in the suburb and is planned for a 5390sq m site at 21-53 Hoddle Street.

Cox Architecture will design the plans for the site after winning a design competition against three other major firms. 

Two towers are planned for the project, which would include about 400 apartments, a skybridge, a residents’ garden, a public town square and pedestrian links to Hoddle, Langridge and Islington streets.

There will be a mix of studios and one to three-bedroom apartments plus a pool, gym, movie room, wellness and entertainment spaces, bicycle storage and parking, electric vehicle charging stations, a concierge service and co-working spaces. 

The public square will have food and beverage options, shops, greenery and essential services.

Greystar will own and operate the site while UEM Sunrise will be the developer and delivery partner. 

UEM Sunrise and Greystar have joined forces to plan a build-to-rent project in Melbourne's Collingwood.
▲ UEM Sunrise and Greystar have joined forces to for a build-to-rent project in Melbourne’s Collingwood.

Plans are due to be filed next month with construction scheduled for mid-to-late 2024, pending planning approval. Construction is expected to take three years. 

UEM Sunrise bought the site from Jowett Properties in March 2021.

CoreLogic records show that 21-43 Hoddle Street and 53 Hoddle Street were purchased in June 2020 with settlement in March 2021 and list a purchase price of $21.5 million.

The build-to-rent sector boom shows no signs of slowing, as evidenced by Scape opting to switch from student accommodation to build-to-rent—just one of many firms staking a claim.

ResidentialBuild-to-RentMelbourneAustraliaSector
AUTHOR
Marisa Wikramanayake
The Urban Developer
More articles by this author
ADVERTISEMENT
TOP STORIES
Traders in purple Northsea Wollongong EDM
Exclusive

Affordable Housing Bonus Drives Mixed-Tenure Momentum

Clare Burnett
6 Min
Exclusive

Industry Stoush Looms Over Construction Code Pause

Patrick Lau
4 Min
Exclusive

New Wave of Capital Washes Over Evolving Surf Park Sector

Phil Bartsch
11 Min
North Sydney TUD Plus HERO
Exclusive

NSW Housing Fix Tips North Sydney into New Era

Vanessa Croll
7 Min
 GemLife site Currumbin Waters EDM
Exclusive

Pop-Out Apartments Power GemLife’s $450m Vertical Experiment

Clare Burnett
6 Min
View All >
Residential

Spyre Wins Approval for ‘Aspirational’ Tugun Luxury Project

Taryn Paris
Kincrest The Osment Prahran HERO
Development

Kincrest Breaks Ground on its $100m Prahran Luxury Project

Leon Della Bosca
Billbergia Legacy HDA
Residential

Two 60-Storey MacPark Towers Fast-Tracked

Clare Burnett
Nearly 8900 homes have been expedited including an 870 unit project from property heavyweight Billbergia…
LATEST
Residential

Spyre Wins Approval for ‘Aspirational’ Tugun Luxury Project

Taryn Paris
2 Min
Kincrest The Osment Prahran HERO
Development

Kincrest Breaks Ground on its $100m Prahran Luxury Project

Leon Della Bosca
4 Min
Billbergia Legacy HDA
Residential

Two 60-Storey MacPark Towers Fast-Tracked

Clare Burnett
3 Min
Broadbeach 38-40 Australia Avenue DA Approval render hero
Development

Tripling Down on Gold Coast Tower Plans Pays Dividends

Phil Bartsch
2 Min
View All >
ADVERTISEMENT
Article originally posted at: https://www.theurbandeveloper.com/articles/uem-sunrise-berhad-greystar-real-estate-partners-build-to-rent-collingwood