Mirvac

Today we are hosting our investors and brokers on an Investor Day, that showcases Mirvac’s unique capability in the living and industrial sectors. These are two sectors where we see strong long-term growth, where we have competitive advantage, and where we will continue to allocate more of our capital over time.   Investors will be taken to some of our key projects currently underway, including Harbourside, Highforest, and Aspect Industrial Estate.   For more information: https://lnkd.in/gN7xZ3NQ

Enjoy the video below to see the exciting new artwork project that is currently underway at Mirvac’s Quay Waterfront Newstead. Kenji Uranishi is the chosen artist behind the beautiful artwork, with the talented team at @Sculpt Studios bringing it to life. Kenji drew inspiration from the Newstead area and wanted to complement that, so he created the concept of lily pads within a water feature. 

The NAWIC NSW - National Association of Women in Construction Awards for Excellence celebrates the contributions made by women within the construction industry, and Mirvac is proud to have talented teams, and both current and future leaders nominated for this award.    The Mirvac nominees for these awards across multiple categories include Danielle Buckland, Marney Watt, Barbora Harrison, Isabelle Martin, Matt Hall, Rebecca McKee, Emma Ellis, Eliza Potter, Maddeline Holt Smith, Mariana Yanes, Cynthia Xirocasotas, Hannah Williams, Rachael Kangon and the Willoughby Team for their nominations.    Congratulations to each employee on your outstanding contributions to the wonderful Mirvac projects (Highforest, Harbourside, Nine at Mirvac, 55 Pitt St, The Portman) and your nominations for the NAWIC NSW Awards for Excellence.    We thank you for driving change in our industry to ensure a more diverse workplace.

Recently some of our construction sites hosted Hard Hat Day BBQs to raise money for the Property Industry Foundation and in turn its Haven Project - to build and renovate homes for homeless youth. Every night, 46,000 young Australians (Census 2021) go without a safe and secure place to sleep, leaving them vulnerable, isolated, and falling behind their peers. The Haven Project is a collaborative effort with the property and construction industry, and each dollar raised is matched through in-kind donations of skills, labour, and goods – making it a cost-effective model. Having been in partnership since 2001, Mirvac has developed a strong relationship with the Property Industry Foundation, and we’ve raised over $50,000 in recent years through successful and enjoyable Hard Hat Days. This year, Hard Hat Day BBQs were hosted at numerous Mirvac sites nationally, including Harbourside, LIV Anura, Nine by Mirvac, Green Square and 7 Spencer.

Last week our Development intern, Lucia Chapple, represented Mirvac in the Property Council NSW’s Future Directions: The Great Debate.   The debate involved two teams, Millennials and Gen Z, going head-to-head to argue which age group is the better generation in the modern-day workforce.   Lucia, member of the Gen Z team, provided a convincing argument that in collaboration with her teammates, led to team Gen Z taking out the win over the Millennial team.     Initiatives such as the Property Council’s Future Directions highlight how exciting careers in property can be. With opportunities like participating in debates and other social and sporting events, through to our unlimited, fully paid volunteer leave, careers at Mirvac offer a huge variety of initiatives to be involved in. For more information on our intern and cadetship program, please visit: https://lnkd.in/gUeEBv8

We are pleased to announce that we have finalised a project delivery agreement with Pioneer Fortune to develop a brand-new masterplanned community in south-east Queensland.   This demonstrates our confidence in the south-east Queensland property market, with the potential to deliver approximately 7,300 residential homes.   Our CEO of Development, Stuart Penklis, said: “We are delighted to be working with Pioneer Fortune to develop the site, where we can leverage our strong brand and track record in this growth corridor, following the success of our nearby Everleigh project.    “This will be our largest masterplanned community to date in Queensland and presents Mirvac with a capital-efficient opportunity to restock our pipeline and apply our 52 years of experience in creating exceptional communities for our customers.”   Monarch Glen is located within Logan City Council and will include state primary and secondary schools, multiple neighbourhood centres, and a proposed rail station, which will be complemented by a retail offering and extensive green open space. The site includes three lots over 1,000 hectares, approximately 38 kilometres from Brisbane’s CBD and close to our successful Everleigh project in Greenbank.

Recently we were joined by the Victorian Minister for Planning, Sonya Kilkenny, the Lord Mayor of Melbourne, Nick Reece, Yuzo Nishiyama, Mitsubishi Estate Asia and Sara Leong, Clean Energy Finance Corporation to open our second Melbourne build to rent (BTR) property, LIV Aston, located in Melbourne’s North Wharf, delivering 474 much-needed renter-only apartments in Melbourne’s CBD and 20 dedicated affordable housing apartments. LIV Aston features 2,600 square metres of indoor and outdoor resident shared spaces with a focus on health and wellness, featuring a 25m lap pool and spa, traditional and infrared saunas, fully-equipped gym, rooftop lounge, outdoor dining and BBQ area, cinema and media room, co-working spaces, meeting rooms, podcast studio and green spaces, including pet park, all free for use by residents and accessible through the purpose-built resident app. LIV, Mirvac’s BTR offering, provides solutions for the pain points of moving and modern life - making life simpler, security of tenure, a friendly onsite property maintenance and community team, all white goods included in each apartment, furnished options available, dedicated resident EV car-sharing and of course, pets are welcome. LIV Aston is now welcoming its first residents - book a private tour today: https://lnkd.in/gpT5aMbY

The opening of the Chatswood to Sydenham Metro is giving a lift to real estate along the line with the convenience of a seamless commute from The Hills to the city - a key selling point for purchasers at our newly launched residential community, Highforest by Mirvac.   Located in the northwest Sydney suburb of West Pennant Hills alongside Australia’s only metropolitan forest, Highforest is a collection of nature-inspired houses and apartments just 800 metres from Cherrybrook Metro Station.   The prospect of a seamless Metro journey from Cherrybrook to Barangaroo led West Pennant Hills local, Dan Carr to change his plans to move closer to the city and instead buy his first home at Highforest. Dan’s story is part of a growing trend of young people choosing to stay in Sydney’s northwest following the launch of the Metro extension.   To learn more about how the Metro is changing the game for first home buyers, please visit: https://lnkd.in/g6ZmuTTn

Fantastic morning spent with family and friends at the official opening of Henderson Park at our NINE by Mirvac residential community in Willoughby.   Named after the beloved Channel Nine newsreader, Brian Henderson, Henderson Park is now the centrepiece of the community’s impressive network of open green space and shared amenity.   We transformed an assortment of broadcast studios and cottages into 442 residential boutique apartments, unlocking extraordinary views across the lower north shore and Sydney CBD for the first time in 65 years.   We were thrilled to host the Henderson family last month and we encourage the wider community to pay a visit to Henderson Park.   For more information about NINE by Mirvac, please visit https://nine.mirvac.com/ Paul Scully Tim James Tanya Taylor

Everyone deserves a safe place to call home and at Mirvac, we are committed to helping ensure vulnerable members of our community have modern and secure accommodation.    When we were given the opportunity to assist Bridge It, Housing All Australians and HousingFirst Ltd to refurbish apartments at The Cocoon project, we jumped at the chance. This project demonstrates our desire as a business, to give back to the community by utilising our skillset and help build urgent housing for people in need. We are very grateful to our valued subcontractors for their work on this project which has resulted in over 3,000 hours of pro bono work.   It was a terrific morning celebrating the official opening of The Cocoon - a huge congratulations to Bridge It, HousingFirst Ltd, Housing All Australians and all volunteers who have worked tirelessly to bring this project to life.