Mirvac

Mirvac meets growing baby boomer downsizer demand in Sydney’s East

Mirvac together with the Easts Group today marked a significant milestone at The Langlee, a lifestyle-focused, amenity-rich development for those aged over-55, set to welcome its first residents in 2023. The project, with an estimated completion value of ~$164m, marks Mirvacโ€™s return to Sydneyโ€™s eastern suburbs, following the successful completion of The Moreton in Bondi in 2017.

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Mirvac Maintains Guidance but Resi Results “moderating”

Mirvacโ€™s CEO & Managing Director, Susan Lloyd-Hurwitz, said, โ€œWe have had an active start to FY23, integrating the $8.0bn AMP Wholesale Office Fund, successfully launching the first of six planned apartment launches in FY23 at Isle Waterfront Newstead, Brisbane, with ~40%ย pre-sales achieved, and making strong initial progress on our $1.3bn asset sales program, with the exchange for sale of both Allendale Square, Perthย and 189 Grey Street, Brisbane.

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Mirvac Announces New Joint Venture At Smiths Lane Melbourne

Mirvac has announced that it has entered into a 50 per cent joint venture with leading Thai real estate development company, Supalai, to deliver future stages at its masterplanned communities project, Smiths Lane in Melbourne.

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Mirvac Grows Operating Profit by 8% per security

Mirvac Group released its full-year result for the financial year ended 30 June 2022, delivering a strong result ahead of guidance, with a statutory profit of $906m and operating profit of $596m, representing 15.1 cents per stapled security (cpss), up 8% on prior year.

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Mirvac Wins the AWOF Battle

The investors in the AMP Capital Wholesale Office Fund (AWOF) have today voted to appoint Mirvac as their new trustee and Fund Manager in a blow to both AMP and Dexus.

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Mirvac plans expansive rooftop venue at Riverside Quay

Mirvac Group has reinforced its commitment to the revival of Melbourneโ€™s CBD by lodging a planning permit application to bring to life a vibrant rooftop venue at its Riverside Quay precinct at Melbourneโ€™s Southbank.

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Construction underway at Mirvac’s Auburn industrial estate switchyard

Construction has commenced at Mirvacโ€™s new 14-hectare industrial estate at 300 Manchester Road Auburn (known as Switchyard) today, a state of the art last mile logistics facility set to provide over 700 construction jobs, and 1,000 permanent jobs once completed.

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