Mirvac Group

(MRVGF)

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Profile

Mirvac's strategy is to derive 80% of net profit after tax from direct office and retail investments, which are held in the Mirvac Property Trust, or MPT. Development activities make up the balance and consist of premium residential apartments and master-planned communities. This division also provides services and develops assets specifically for sale to MPT and external strategic partners, generating earnings and releasing capital from the sale of equity stakes in projects. A strategic focus to June 2021 is to to hold the amount of capital allocated to development activities around the current AUD 1.7 billion. Additional capital is planned to be deployed to passive rent generating assets, predominantly Mirvac developed office and industrial properties.

Contact Information

Website: www.mirvac.com
Main Phone: +61 290808000
Address: 200 George Street
Address 2: Level 28
State: NSW
City / Town: Sydney
Country: AUS
Postal Code: 2000

Issuer Information

Exchange: GREY
Employees: 1591
$ 1.60 $ 0. (0.00%)
Last Price 1.60 Change $ 0. Change % 0.00 Tick N/A
Bid N/A Bid Size N/A Ask N/A Ask Size N/A
Open N/A High N/A Low N/A Prev Close 1.60
Last Trade Volume 1 52 Wk Hi 1.85 52 Wk Low 1.49
Market Cap 5.9 bi Ex-Div Date N/A Div Rate N/A Yield N/A
Shares 3,662,219,117.00 EPS (TTM) 0.22 PE Ratio 7.40 Exchange Greys