ASX Announcements
Board Committee Composition Changes
Company Administration - Other
Appendix 3Y - Rosemary Hartnett
Change of Director’s Interest Notice
Half Yearly Report, Periodic Reports - Other
MGR 1H25 Additional Information
Half Yearly Report, Periodic Reports - Other, Company Presentation
February
The tide is turning against WFH. Office property will be a winner
Like it or not, the return-to-workplace push is gaining momentum. It’s one of two big factors setting the stage for a revival in commercial real estate.
Finally, there’s a bit of housing crisis hope
Interest rate cuts are stirring housing demand before they even arrive. But suddenly, there’s some good news on the supply front too.
Mirvac says middle ring housing demand is booming
The diversified developer, builder and landlord claimed a ‘solid’ result in a market that is still recovering.
January
Why a 1.4pc return is great news for the office market
Mirvac Wholesale Office Fund, which owns Quay Quarter Tower and the former AMP building, delivered positive returns for the final quarter of 2024.
December 2024
Japanese giant in mega housing deal with Mirvac
The deal marks the next wave of Japanese investment in Australian property as trading companies seek out opportunities.
November 2024
Mirvac taps stamp duty exemptions to sell luxury Melbourne apartments
News of the sales – and strong demand for a Sydney development with no tax break – raise questions about who should benefit from stamp duty cuts.
Business says Trump’s return turns up competition for investment
Executives from Telstra, QBE, Challenger and Mirvac have warned that the US and even Britain risk pulling away from Australia by cutting red tape.
This is why Australia is stuck in a rut
Low investment and productivity growth has left the country’s economy in the doldrums. The short-term challenges are large, but we can’t forget the long term.
October 2024
How to have a job you love, save the world and earn up to $800k
This week BOSS speaks to four executives who are helping to save the planet. All have a high level of job satisfaction, and all earn decent money. It appears it is possible to have it all.
September 2024
Darling Harbour apartments with ‘unparalleled’ views to trigger price-war
The double-storey apartments that will overlook Sydney’s Darling Harbour are set to be the newest luxury properties to enter the city’s high-altitude wars.
Time to buy into REITs: Barrenjoey
Property stocks have weathered the interest rate storm, according to Barrenjoey, who say investors could be “well served” to increase their exposure.
August 2024
What I learnt from 30 CEOs in 30 days
The profit season has delivered a confusing picture of an economy stuck between cycles. Here are 30 nuggets to help investors navigate this tricky environment.
How construction failures push up costs for builders – and consumers
Union officials with unchecked power on construction sites force builders to cover costs of insolvent subcontractors, which in turn pushes up costs for home buyers.
Australia has a ‘thousand levers’ to pull to increase new home supply
Governments must create an environment that makes it easier to add more housing, including bringing in more skilled tradies, says Mirvac’s development head.
The CFMEU’s real secret? Following the money
It’s no coincidence the very worst behaviour of the CFMEU has occurred at the same time the economic cycle has turned in the union’s favour.
Building cost rises create horror year for Mirvac
One of the country’s largest property developers says profit margins on some big apartment projects have halved, pushing earnings significantly lower this year.
Housing crisis rages, but there’s no money in building flats
The property developer’s shock profit downgrade is all about its struggles to make apartment projects profitable, even as housing shortages worsen.
Rising costs hit Mirvac margins, new homes
Property developer Mirvac blamed the steep rise in labour and material costs for halving its profit margins on some residential projects, triggering a 13 per cent fall in operating earnings this year.
Canberra Airport developer Terry Snow dies
His biggest legacy was in property development and philanthropy, but his family also praised him as “a family man and a man who sought adventures”.
July 2024
Office funds post their worst performance since GFC
ISPT 50 Lonsdale Street Property Trust and the Mirvac Wholesale Office Fund were the worst performers, posting declines in total return of more than 20 per cent.