Mirvac Group

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Mirvac Group (ASX:MGR) is a diversified property investment and management group in Australia with more than $24 billion of assets under control across the investment, development, and hotel and funds management spectrum.^[1]

Among other things, they own the land which was formerly Waverley Park and are now developing residential properties on it. Mirvac also developed the Walsh Bay precinct in The Rocks, Sydney, converting five piers and several warehouses into luxury apartments, commercial spaces, and venues for the arts.

Established in 1972, Mirvac has more than 30 years of experience in the property industry and has a reputation for delivering quality products across all of its businesses.^[1]

Within the investment division, Mirvac owns and manages more than 60 investment grade properties valued at more than $3.1 billion. The portfolio includes commercial offices, retail centres, industrial properties, hotels and carparks across Australia. Tenants include leading Australian and international companies.

The group’s development division is active in New South Wales, Victoria, South Australia, Queensland and Western Australia, and is responsible for some significant residential projects including Newington, Sanctuary Gardens, Newbury Estate and Walsh Bay in New South Wales; Arbour on Grey and Cutters Landing in Queensland; Beacon Cove, Yarra's Edge, The Heath and The Melburnian in Victoria and Burswood in Western Australia. Mirvac currently has approximately 30,000 lots under its control that will be progressively developed over the next 8-10 years.

Mirvac Hotels has approximately 5,000 rooms under management in Australia and New Zealand, operated predominantly under the Quay West, Quay Grand, Sebel and Citigate Sebel banners, making it one of the largest Australian-owned hotel groups.

Australian owned and operated, Mirvac continues to expand as one of Australia’s largest property groups.

[edit] References

[edit] External links

• Mirvac Official Website

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