Mirvac Group (ASX:MGR)
Australia · Delayed Price · Currency is AUD | Market Cap | 8.84B |
| Revenue (ttm) | 2.99B |
| Net Income (ttm) | -603.00M |
| Shares Out | 3.95B |
| EPS (ttm) | -0.15 |
| PE Ratio | n/a |
| Forward PE | 17.79 |
| Dividend | 0.11 (4.69%) |
| Ex-Dividend Date | Jun 27, 2025 |
| Volume | 9,170,284 |
| Average Volume | 10,262,085 |
| Open | 2.260 |
| Previous Close | 2.240 |
| Day's Range | 2.240 - 2.270 |
| 52-Week Range | 1.810 - 2.420 |
| Beta | 1.06 |
| RSI | 54.59 |
| Earnings Date | Aug 15, 2025 |
About Mirvac Group
Founded in 1972, Mirvac is an Australian Securities Exchange (ASX) listed company, with an integrated asset creation and curation capability. We own and manage assets across office, retail, industrial and the living sectors in our investment portfolio, with approximately $22 billion of assets under management. Our development activities span commercial and mixed-use and residential, with a development pipeline of approximately $29 billion. We focus on delivering high-quality, innovative and sustainable real estate for our customers, while drivi... [Read more]
Financial Performance
In 2024, Mirvac Group's revenue was 3.04 billion, an increase of 56.44% compared to the previous year's 1.94 billion. Losses were -805.00 million, 387.9% more than in 2023.
Financial StatementsNews
Mirvac says Melbourne office market is stabilising
The Victorian capital will get just three new office towers between now and 2030. The landlord and investor says that will drive tenants to its new building.
Hostplus’ $10b property bomb is a warning for all Australian investors
Lendlease and Mirvac’s battle for three funds is about more than $10.5 billion in assets. It’s about who gets to invest the whopper retirement savings pool.
Lendlease, investors banker up as Mirvac’s $10b land grab kicks off
The showdown is a painful echo of the brawl between Mirvac and Dexus over a $7 billion office tower fund originally run by AMP Capital three years ago.
Lendlease, Mirvac and Hemmes in box seat for Sydney Metro project
A Brookfield consortium had dropped out of the race for to develop one of Sydney’s most highly sought developments, above the new Hunter Street metro station.
Stockland says new home prices have risen 17pc from a year ago
The developer, along with its listed rival Mirvac, is setting itself up for an improvement in the east coast-dominated new housing market.
Sydney CBD car park that could reshape skyline hits the market
The carpark is surrounded by major projects owned by Merivale, Lendlease, Dexus, Mirvac and Milligan.
Half Year 2025 Mirvac Group Earnings Presentation Transcript
Half Year 2025 Mirvac Group Earnings Presentation Transcript
Mirvac ekes out $1m profit as devaluations ease
The diversified developer, builder and landlord claimed a ‘solid’ result in a market that still has yet to recover.
ASX 200 LIVE: COH hikes dividend, shares slump; Donald Trump tariff plans fails to deter traders as sharemarket rises.
Shares lift; CBA sells off after shares peak; Pro Medicus upgraded; Cochlear, AMP down on profit blow; Mirvac earnings fall to 0¢; $A nears two-month high.
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.
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.
Housing crisis could run eight more years: Mirvac boss
Mirvac chief executive Campbell Hanan has warned that if governments do not pare back infrastructure spending, then housing shortages could run for much longer.
Penthouses in Harbourside to be among the best on views, price: Mirvac
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.
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.
Higher costs to hurt Mirvac’s earnings
Mirvac’s profit margins on residential development have fallen below its average due to the high costs of its apartment projects in NSW.
ASX 200 LIVE: ASX to slip as Wall St struggles to advance, profit season kicks off
Australian shares are set to open lower, following New York’s failed rally. Results pending from AMP, Mirvac. Bullock to speak at midday. Follow updates here.
Australian Retirement Trust acquires major stake in industrial estate
Mirvac finalised the sale of the Aspect South Industrial precinct in Sydney to the Mirvac Industrial Venture (MIV), with Australian Retirement Trust (ART) acquiring a 49% interest, bringing its total ...
Mirvac sells $1.3b stake in new tower to Mitsui
The transaction is the latest evidence of the company’s efforts to trade out of lower-quality office assets and focus on new, premium ones.
Minters to sit atop Mirvac’s 56-storey office tower
The top-tier law firm will take up the top floors of 55 Pitt Street, as Sydney’s legal eagles vie for the best perches across the CBD.
Mirvac set to sell two office towers at discounts of more than 20pc
Pricing for the latest deals on the office towers in Sydney and Melbourne – worth close to half a billion dollars in total - shows just how far values have fallen.
Region Group ends two-year drought with $74m mall deal
The country’s biggest owner of suburban malls has made its first acquisition in two years after buying Canberra’s Cooleman Court centre from Mirvac.
Former QIC boss Damien Frawley puts Qld cattle station on the market
Damien Frawley, who is a director at Mirvac and chair of Hostplus, is the biggest shareholder of Blue Sky Beef which is selling Gowan Station.
Mirvac’s $364m sale of tower stake at 17pc discount sets the pace
Office tower values around the world have tumbled in response to the rise of remote work and surging interest rates.The latest deal shows the bottom is not far.
We need land-less mortgages, Mirvac CEO Campbell Hanan says
Australia’s crippling housing affordability problem is shaking up postwar norms about ownership. It’s also prompting a rethink about financing.
Satterley buys AustralianSuper’s Kingswood Golf Course site for $220m
Rich List developer Nigel Satterley has beaten listed property giant Mirvac and others to acquire Melbourne’s Kingswood Golf Course site in the biggest land deal of the year.