Warwick P

Warwick has over 25 years of property investment and management experience. Principally responsible as Managing Director for Capital Management Australia and Joint Managing Director for Chauvel Capital Partners and Editor of Australian Property Markets News.

Mirvac FY21 Results exceed Guidance but lower than FY20

Mirvac Group announced its full year results for the financial year ended 30 June 2021 with statutory profit up 61% to $901m and EPS of 14.0c, exceeding earnings guidance of greater than 13.7cpss , but -8.5% lower than FY20.

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Mirvac Sells Cherrybrook Shopping Centre for 40% premium

The Mirvac owned Cherrybrook Village, in Sydney’s affluent north west, is set to sell for circa $133m, providing Mirvac with a whopping 40% premium to their last valuation. The 9,382sqm neighbourhood shopping centre is positioned on 3.0ha site and anchored by a high-performing Woolworths and a highly regarded long-standing green …

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Weekly Update 9/8/2021

Welcome to this week’s Property News. The ESR takeover of ARA is a big deal for the Asia Pacific Region, establishing the largest fund management group in the region with $129bn of funds under management (FUM). This compares to Goodman who manage $53bn globally and according to ESR it puts …

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