Australian developer Mirvac Group has made a profit of over $A1 billion for the fourth consecutive year.
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World property W1Jul15 – Qataris fund Sydney tower, Brisbane congestion, Mirvac buys for apartments & houses
Qatar fund joins Lend Lease for $A2 billion Barangaroo tower – Lend Lease wins tender for Brisbane motorway widening – Mirvac buys Sydney apartments site & 481ha for Brisbane homes
Read more →World property W15Oct14 – Mirvac buys Birkenhead Pt, NAB adds UK asset manager, Scotland replaces stamp duty, Sovereign funds trade in London
Mirvac buys Birkenhead Point NAB buys into UK manager Orchard Street Scotland replaces stamp duty Norges Bank buys $1.2 billion London building from GIC Mirvac buys Birkenhead Point Mirvac Group has entered into an agreement to acquire the Birkenhead Point Shopping Centre at Drummoyne, 5km from the Sydney cbd, including the adjoining carparking facility & […]
Read more →Mirvac venture pays $A5.7 million to manage $A3.1 billion US fund
Updated 24 January 2006 Mirvac Group put a price tag on the rights Quadrant acquired yesterday (story below): $A5.7 million. Original story: Mirvac adds $A3.1 billion to funds under management with new US business Published 23 January 2006 Mirvac Group of Australia has almost doubled its funds under management to $A6.5 billion by […]
Read more →Mirvac expands housing estates business outside Sydney
Published 20 December 2005 Mirvac Homes is about to launch itself into the Victorian housing market with a 600-house estate 25km north of Melbourne. Chief executive Robert Lynch said Mirvac had secured 43ha in Melbourne’s northern growth corridor, within the City of Whittlesea, for $A23 million. Mirvac Group is one of Australia’s largest property groups, […]
Read more →Mirvac takes a hit after forecasting profit fall
Published: 8 May 2005 The Mirvac Group said on Tuesday it expected profit in the June 2005 year to fall 8.6% from last year’s $A252.7 million, but would use retained earnings to make up the $A266 million payout to securityholders. Mirvac’s share price dive A75c as a consequence of the announcement, but regained A14c to […]
Read more →Mirvac lifts profit 5.1%
Published: 17 February 2005 The Mirvac Group increased its December half-year profit by 5.1% to $A123 million on revenue up 17.4% to $A801 million. The accounting period was closed on 28 December, the day before Mirvac acquired the James Fielding Group and James Fielding managing director Greg Paramor took over from Bob Hamilton as managing […]
Read more →Mirvac chief says having single tenant limits rental growth
Mirvac Group managing director Bob Hamilton put a positive spin on losing a 36,000m² tenant today: Having a single tenant in what is “without question the best building in North Sydney” limits rental growth. Optus will vacate Mirvac’s 101 Miller St property when its lease expires on 31 October 2007, and will keep paying $A485/m² […]
Read more →Mirvac to take over James Fielding, with Paramor at helm
Mirvac Group – noted in Auckland as developer of the Quay West apartments hotel – said late on Tuesday it would acquire James Fielding Group, but that James Fielding managing director Greg Paramor would take over the helm from Bob Hamilton. Mr Hamilton will remain as an executive director responsible for Mirvac’s development business. The deal […]
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