Mirvac

Mirvac is an Australian property group with operations across property investment, development, and retail services. This entity now broadens their clientele by venturing across multiple development sectors, including residential and offering build-to-rent developments. Mirvac is also listed on the Australian Stock Exchange ("ASX").

Mirvac Group
TypePublic
ASX: MGR
IndustryProperty, Investment, Retail Property
Founded1972 (1972)
HeadquartersSydney, NSW, Australia
Key people
John Mulcahy, Chairman
Susan Lloyd-Hurwitz, Managing Director
RevenueIncrease A$2,159.9 million (2015)
Increase A$454.8 million (2015)
Websitewww.mirvac.com

Founding and History

Mirvac was founded in 1972. According to its website, the business association that was to become Mirvac began developing residential property during the early 1970s.[1]

The company has built a track record for creating luxury residential properties across Australia. Key projects include Walsh Bay, Harold Park, The Melburnian, and Pier in Newstead, QLD.

Within the Commercial division, Mirvac owns and manages investment-grade properties valued at more than $7.8 billion. The portfolio includes commercial offices, retail centres and industrial properties across Australia.[2] Assets include the award-winning 8 Chifley Office Tower and Broadway Shopping Centre, both in Sydney. Tenants include major organisations, leading Australian and international companies, and the government.

References

  1. "Our Story". www.mirvac.com. Retrieved 18 December 2021.
  2. "Mirvac adds $1b to funds business in Sunsuper, M&G deals". Australian Financial Review. 1 August 2021. Retrieved 18 December 2021.


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