Tag Archives: MGR

Mirvac will expand its innovative delivery retail model, WeShow, after the success of its pilot program at East Village in Sydney.

Mirvac has officially started work on more than 500 apartments across two new residential developments at its $1bn Waterfront Newstead community

uperannuation giant Sunsuper has acquired a stake in Mirvac’s landmark heritage conversion of the Locomotive Workshop in South Eveleigh, paying $231 million for 49%.

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.

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 …

MP Capital has completed the sale of its 50% interest in 200 George Street with Mirvac taking up the pre-emptive rights.

Mirvac has demonstrated confidence in Melbourne’s apartment market with the acquisition of 699 Park Street, located in the tightly held Princes Park precinct alongside Princess Hill in Brunswick, as it continues to bolster its Victorian residential portfolio.

Mirvac has advanced its plans for the exciting next stage of its Ascot Green community alongside Eagle Farm Racecourse in Brisbane.

MIrvac have obtained approval for the controversial $700m redevelopment of Sydney's Harbourside Shopping Centre.

This week, Mirvac released a report on Australian Cities exploring whether recent events will cause cities to be "un-made".

Mirvac Group has had a positive third quarter overall with strong residential markets boosting earnings however the office and retail sectors continue to experience a slower recovery.

Mirvac today revealed an industry-first apartment, made using waste materials, that has the potential to revolutionise home construction and at the same time transform household waste into a valuable resource.

Mirvac's results show good signs of recovery with an operating profit of $276m, up +10% on previous 6 months but still -20% on pcp as Retail and Residential still to recover.

Mirvac is forging ahead on its commitment to being net positive carbon by 2030, announcing that as of 1 January 2021, all 16 of its retail shopping centres will be powered by 100% renewable electricity.

Mirvac's plans for the old Melbourne convention Centre site took a step forward this week with planning approval given for a $1bill two tower mixed use development.