Mirvac Group higher Wednesday, outperforms the Real Estate sector
Here is the latest company close update for Mirvac Group, MGR.
Mirvac Group
Mirvac’s Lendlease push limited to industrial as liquidation looms
The embattled real estate group will likely lose the jewel in its APPF business and be forced to sell shopping centres, but the consolation prize could be it retaining its office fund.
Hostplus wants Mirvac to unseat Lendlease at industrial fund
The future of Lendlease’s $10bn funds empire hangs in the balance as one of the country’s biggest industry super funds breaks ranks and calls for a new manager to be installed to run a key trust.
Mirvac’s funds business play may trigger 9pc profit hit to Lendlease
Analysts have assessed the damage to earnings that could eventuate from Mirvac Group taking control of Lendlease’s $10bn APPF business.
UniLodge sale draws interest
UBS is sounding out Australia’s biggest property groups over a potential acquisition of the country’s largest student accommodation provider.
Mirvac leads field in battle for Lendlease’s $10bn funds empire
The contest for Lendlease’s Australian property funds could result in the $10bn empire being broken up as more contenders are drawn out to grab a slice.
Lendlease fee cuts fail to stem super fund exodus to Mirvac
The real estate fund manager slashed management fees in a bid to retain control of its $10bn Australian Prime Property Funds business, but it’s unlikely to be enough to save it.
Mirvac leads fund raising race with $350m draw
Property group Mirvac has shown the office sector is recovering with its flagship wholesale fund in the sector raising $350m from investors, giving it the firepower to expand.
ASX 200 turns lower; Cettire at record low
Cettire hit by US tariffs, lux market woes. Energy producers lift on oil price jump. Westpac tips two RBA rate cuts in 2026. Cochlear downgrade weighs. ASX warns on rising costs, tweaks guidance.
Lendlease’s APPF empire in Mirvac’s sights
In a move which could shape the management of some of the country’s best office towers, Mirvac tops a field of property managers keen on Lendlease’s Australian property funds empire.
Lloyd-Hurwitz: where are the women in the CEO pipeline?
The former Mirvac boss has been recognised for her contribution to the real estate industry. But she says more must be done on the gender front across corporate Australia.
Mirvac seeks Japanese backers for $2bn Darling Harbour gem
Property developer Mirvac plans to add another Japanese company to its roster of backers on high-profile redevelopment of a prime Sydney harbour site.
Construction collapses driving up building costs says Mirvac boss
Amid a national housing shortage, 7000 construction firms going to the wall or winding down their workbooks is not helping.
Mirvac locks in Japanese support for Sydney project
Mirvac has fresh backers for its redevelopment of Sydney’s Harbourside complex and a new industrial precinct at Badgerys Creek in Sydney’s west.
Mirvac sells three Harbourside apartments for $65m
Cashed-up buyers have splurged on three sub-penthouses in Mirvac’s Harbourside Residences tower in Sydney in some of the biggest residential deals of the year.
Mirvac back in the black as rate cuts loom
The listed property developer is upbeat on the prospects for housing markets this year, despite having projects hit hard by rising costs.
ASX sets record close despite pullback; HMC confirms Healthscope talks
David Di Pilla-led HMC eyes Brookfield-owned hospitals operator. Cochlear falls on trimmed guidance. Dividend disappointment weighs on AMP. GFG Alliance puts NSW coal mine on the block in debt plan. Mirvac soars on return to profit.
Get tax right to fix housing: Mirvac CEO
Campbell Hanan says policy to address a chronic undersupply of housing in Australia is critical to set right affordability challenges.
Sign Aussie building battles ending
One of Australia’s largest property developers is flagging green shoots in the market which has struggled throughout 2024.
ASX 200 rebound continues; top investors meet at Sohn conference
ASX recovers from fall this week. New MinRes, Chris Ellison revelations weigh. Brazil court clears BHP in dam collapse case. Sohn Hearts & Minds Conference attendees learn from global fund managers about future trends and their hottest stock picks. Follow here.
More housing help needed for young buyers: Mirvac
The developer says the government needs to look at reducing APRA mortgage buffers and offering loans to make housing accessible.
Mirvac sees housing comeback as govt stimulus drives market
The property developer says the Victorian government’s stamp duty relief could spark activity in the laggard state.
Why an ex-hardware retailer was picked to chair Lendlease
Former Bunnings boss John Gillam is an interesting choice as chairman for one of Australia’s most recognised real estate groups.
Mirvac sells out of city block
The property developer has sold off another small site as it focuses on its larger, premium projects in Sydney.
Ultimo project to ease housing squeeze in Sydney
The build-to-rent investment group is expanding its Sydney footprint at a time when many rivals have stalled.
Mirvac flags tough times after $805m loss
Property developer Mirvac was hit by a sharemarket sell-off on Thursday after issuing disappointing earnings guidance which could reverberate across the listed property sector.
ASX slips; property, miners under pressure
The local sharemarket ends slightly in the red, as investors ditch property, mining and energy stocks. RBA ‘won’t hesitate’ to life rates if necessary, Bullock says. ACCC can appeal CFMEU/Hutchinson court decision.
Mirvac’s $2bn Sydney tower wins Japanese backing
The support clears the way for Mirvac to get its landmark Circular Quay project underway – a sign of its belief in the top end of the office market.
ASX 200 lifts as ANZ, Suncorp gain on deal
Nine staff pass motion of no confidence against CEO after job cuts revealed. ANZ, Suncorp Bank gain on deal completion. IAG secures earnings volatility cover. Adore Beauty buying iKOU for $25m. Mirvac’s $2bn Sydney tower gets backer.
Man ‘talk of town’ after drunken taxi theft
A former high-flying real estate executive is free to get behind the wheel again after he stole a taxi and drunkenly drove it through the city after a boozy night out.
Original URL: https://www.theaustralian.com.au/topics/mirvac-group