Public | |
Traded as | ASX: MGR |
Industry | Property, Investment, Retail Property |
Founded | 1972 |
Headquarters | Sydney, NSW, Australia |
Key people
|
John Mulcahy, Chairman Susan Lloyd-Hurwitz, Managing Director |
Revenue | A$2,159.9 million (2015) |
A$454.8 million (2015) | |
Website | www.Mirvac.com |
Mirvac, is a leading integrated real estate group, listed on the ("ASX") with activities across the property investment and development spectrum, as well as retail services.
Established in 1972, Mirvac has more than 40 years experience in the real estate industry. According to its website, the business association that was to become Mirvac began developing property on a joint venture basis during the late 1960s and early 1970s. The joint venturers were two men from Sydney, Robert Hamilton and Henry Pollack, who had already enjoyed considerable success as separate entities in the property industry. Robert had opened a real estate agency on Sydney's north shore in 1961, marketing and selling apartments and advising developers. Henry was an architect and builder. Together they formed an alliance to complete four projects in Sydney.
Within the investment division, Mirvac owns and manages 59 investment grade properties valued at more than $7.8 billion. The portfolio includes commercial offices, retail centres and industrial properties across Australia. 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 Government bodies.
The Group’s development division is active in New South Wales, Victoria, Queensland and Western Australia, and is responsible for some significant residential projects including Harold Park Glebe, The Moreton Bondi and St Leonards Square in New South Wales ; Brisbane Racing Club and Waterfront in Queensland; Enclave Ascot Vale and Yarra's Edge Melbourne Docklands in Victoria and Claremont on the Park and One Baldivis in Western Australia. Mirvac currently has approximately 34,000 lots under its control that will be progressively developed.