News
Mirvac Establishes New $1.8bn Build to Rent Venture
Mirvac has today announced that it has established a new $1.8bn Build to Rent Venture (Venture) with well-capitalised cornerstone investors, including the Clean Energy Finance Corporation (CEFC). Mirvac will retain a 44 per cent interest in the Venture.
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Mirvac and Australian Retirement Trust launch new industrial vehicle
Leading property group, Mirvac, and its existing capital partner, Australian Retirement Trust (ART), one of the country’s largest super funds, have today announced the launch of the ~$0.37bn Mirvac Industrial Venture (MIV or the Venture). ART will invest 49 per cent in the Venture, with Mirvac to retain the remaining 51 per cent.
Mirvac Delivers Three New Apartment Buildings at Green Square
With a combined construction value of over $210 million, the simultaneous topping out of The Frederick, Portman on the Park, and Portman House signals the delivery of much needed housing in a prime Sydney location.
Why Australia’s Property Industry Sets the Pace in Sustainable Finance
Australia’s property industry, which has blazed a trail in deploying sustainable finance to support investment in greener, more efficient buildings, is now tackling perhaps its toughest challenge: Scope 3 emissions.
Mirvac and Social Traders Launch New Project to Accelerate Social Capability
Mirvac, one of Australia’s leading diversified property groups has launched a new project in partnership with Social Traders to help boost the capability of local social enterprises.
Mirvac Sells The Future is Now House for $1.725m, Marking the Completion of Iconic Waverley Park Community.
Mirvac has sold its first Green Star Home, ‘The Future Is Now House’, at its iconic Waverley Park community in Mulgrave for $1.725 million. Created in partnership with the Green Building Council of Australia (GBCA), the home raises the bar for environmental and social sustainability as part of Mirvac’s commitment to create outstanding living environments that leave a positive legacy.
Construction Commences on Mirvac's Isle Apartments Project in Brisbane, Creating New Green Urban Oasis
ASX-listed developer Mirvac has commenced construction on its latest signature Brisbane apartment building, the $212 million Isle Waterfront Newstead, which will create a lush new green heart of more than 10,000 plants and additional public parkland in the riverside suburb of Newstead.
Mirvac breaks ground at community, creating 900 new homes
Mirvac has turned the first sod of its newest masterplanned community in New South Wales, located adjacent to the historic township of Cobbitty in Camden. With an estimated completion value of $648 million, Cobbitty by Mirvac will deliver a new all electric community of 900 homes and create more than 4,000 local jobs during construction.
Mirvac Sets Its Sights on Net Positive Scope 3 Emissions Target and Stronger Social Impact
A year since the company reached net positive in its scope 1 and 2 carbon emissions, Mirvac today announced its plans to achieve net positive in the challenging area of scope 3 emissions by 2030.
Transformation House sells at auction raising $600,000 for the Salvation Army
On Saturday we sold a one-of-a-kind charity home at Smiths Lane Community in Clyde North for $1,096,000, with proceeds to be donated to The Salvation Army’s Red Shield Appeal, helping to transform the lives of thousands of people across Australia.
Mirvac meets growing baby boomer downsizer demand in Sydney's East
Mirvac Group (ASX:MGR) together with the Easts Group today marked a significant milestone at The Langlee, a lifestyle-focused, amenity-rich development for those aged over-55, set to welcome its first residents in 2023. The project, with an estimated completion value of ~$164m, marks Mirvac’s return to Sydney’s eastern suburbs, following the successful completion of The Moreton in Bondi in 2017.
Mirvac acknowledges Aboriginal and Torres Strait Islander peoples as the Traditional Owners of the lands and waters of Australia, and we offer our respect to their Elders past and present.
Artwork: ‘Reimagining Country’, created by Riki Salam (Mualgal, Kaurareg, Kuku Yalanji) of We are 27 Creative.