- CEO
- Campbell John Hanan
- Full Time Employees
- 1,643
- Sector
- Real Estate
- Industry
- REIT - Diversified
- Address
- Level 28 Sydney NSW Australia 2000
- IPO Date
- Feb 14, 2013
- Business
- Mirvac Group is an integrated, diversified Australian property group specializing in residential, office, industrial, retail, and build-to-rent developments, alongside funds management and asset investment. The company offers a broad range of property products and services including residential apartments and masterplanned communities; office, retail, and industrial property investment and management; commercial and mixed-use developments; and build-to-rent projects. Mirvac operates primarily across major Australian states including New South Wales, Queensland, Victoria, and Western Australia, leveraging its capabilities to develop sustainable urban communities and workplace precincts. Founded in 1972 and headquartered in Sydney, Australia, Mirvac has grown from a small joint venture to a leading property group listed on the Australian Securities Exchange.
Mirvac's latest major strategic shifts include a focus on expanding its living sector and industrial property exposure while actively managing its office property portfolio through non-core asset sales and capital partner alignments. By 2024, the company executed a $1 billion capital partnering initiative and a $2.8 billion reduction or deferral of office developments no longer aligned with its strategic goals. This strategic reallocation aims to deliver enhanced long-term returns and better capital deployment. The company also expanded third-party capital relationships and improved operating metrics within its investment portfolio while growing its development pipeline, positioning itself for growth in 2026 and beyond. Mirvac further emphasizes sustainability with ambitious social procurement and urban placemaking goals, being recognized globally for gender equality and workplace policies.
Mirvac's core business segments include residential development and sales under various project brands; commercial real estate investment and asset management encompassing office, retail, and industrial assets; and funds management specializing in investment opportunities in property assets. It serves a range of customers including homebuyers, investors, retailers, corporate office tenants, and industrial clients. The Group maintains a portfolio valued around AUD 22 billion and focuses on long-term value creation through asset curation, sustainable urban design, and innovative property solutions. Mirvac continues to be led by Group CEO Campbell Hanan and maintains a significant presence across Australia with integrated development and management capabilities.
In summary, Mirvac is a comprehensive property group providing diverse real estate development, investment, and management products across Australia with strategic emphasis on capital partnering, growth in living and industrial sectors, and sustainability leadership.