Mirvac Group rises Friday, underperforms the Real Estate sector
Here is the latest company close update for Mirvac Group, MGR.
Mirvac Group
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.
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.
Mulcahy favoured for Lendlease chair role
The hunt for a new chairman at Lendlease is narrowing to former Mirvac Group chairman John Mulcahy.
Mirvac Sydney tower sale sets city benchmark
Mirvac’s flagship property fund has sold a half interest in a George Street tower in the heart of the Sydney CBD, in a move valuing the complex at more than $720m.
‘Going to kill me’: Mirvac exec’s claim on taxi theft
A former high-flying real estate executive told a court that he stole a taxi because he was “petrified” he was going to be killed by the “Muslim brotherhood”.
Former Mirvac exec ‘feared for his life’, stole taxi
Brett Henson, now unemployed, told a court he was ‘petrified’ after two to five men surrounded him and told him they were part of the Muslim Brotherhood.
Exec ‘feared for life’ while stealing cab: court
A former high-flying real estate executive told a court that he stole a taxi because he was “petrified” he was going to be killed by the “Muslim brotherhood”.
Dexus fund trades out of Mirvac offices at discount
A Dexus fund took a hit as it switched out of investing in a major office trust in a sign of tough times in the sector.
Mirvac eyes peak in cash rate as key to turnaround
The construction group swung to a first-half loss with a lack of builders keeping costs high, but it expects confidence in the property market to return as interest rates fall.
Keppel aims high for tower stake
The deal on a $700m-plus Sydney tower shows that buyers are returning to office markets – but only at a lower prices.
Build it and they will come
The Housing Australia Future Fund and other planning reforms and infrastructure funding are critical, but action is needed to ensure new homes are delivered, says Mirvac’s Campbell Hanan.
Build-to-rent reaching for the sky
Developers are stepping up efforts to build apartment towers for a new generation of renters. But more needs to be done to clear the way for projects.
Mirvac sales slow but ‘upgraders and downsizers’ resilient
Property giant Mirvac says residential sales slow in first quarter of 2023-24 but presales have lifted to highest levels in 12 months.
The downsizing dilemma and why it’s not for everyone
Downsizing is about to become a very big business but it may not be the most profitable move for you.
Original URL: https://www.theaustralian.com.au/topics/mirvac-group