Mirvac Group

MGR

AU000000MGR9

Diversified REITs

Market Closed - Australian S.E. Other stock markets 11:40:04 16/07/2024 am IST			5-day change	1st Jan Change
2.12 ^AUD	+1.92%		+14.59%	+1.44%

28/06	Mirvac Group Maintains Operating Earnings Guidance, Distribution for Fiscal Year 2024	MT
28/06	Mitsui Fudosan Australia Pty. Ltd. agreed to acquire 66% stake in 55 Pitt Street, Sydney from Mirvac Group.	CI

Mitsui Fudosan Australia Pty. Ltd. agreed to acquire 66% stake in 55 Pitt Street, Sydney from Mirvac Group.

June 28, 2024

Mitsui Fudosan Australia Pty. Ltd. agreed to acquire 66% stake in 55 Pitt Street, Sydney from Mirvac Group (ASX:MGR) on June 28, 2024. The expected completion of the transaction is June 28, 2024.

Latest news about Mirvac Group

Mirvac Group Maintains Operating Earnings Guidance, Distribution for Fiscal Year 2024	28/06	MT
Mitsui Fudosan Australia Pty. Ltd. agreed to acquire 66% stake in 55 Pitt Street, Sydney from Mirvac Group.	28/06	CI
Bank stocks lift Australian shares ahead of c.bank rate decision	18/06	RE
Region Group acquired Cooleman Court from Mirvac Group for AUD 74 million.	18/06	CI
Keppel REIT Sub-Trust 8 acquired 50% stake in 255 George Street, a freehold Grade A office building in Sydney, Australia from Mirvac Wholesale Office Fund I which is managed by Mirvac Group.	09/05	CI
CLSA Upgrades Mirvac Group to Reduce from Sell, Price Target is AU$2.02	02/05	MT
Mirvac Reaffirms AU$0.14 to AU$0.143 Operating EPS Guidance for FY24	01/05	MT
Mirvac Group Announces Resignation of Samantha Mostyn AO from Board	03/04	CI
Australian shares fall as financials and healthcare stocks drag	03/04	RE
Keppel REIT Buying 50% Stake in Freehold Office Building in Australia for Nearly AU$364 Million	01/04	MT
Keppel REIT Sub-Trust 8 agreed to acquire 50% stake in 255 George Street, a freehold Grade A office building in Sydney, Australia from Mirvac Wholesale Office Fund I which is managed by Mirvac Group for approximately AUD360 million.	01/04	CI
Australia shares flat ahead of key RBA policy decision	19/03	RE
Australia shares end flat as financials offset gains in tech, energy stocks	28/02	RE
Jarden Research Adjusts Mirvac's Price Target to AU$2.25 From AU$2.15, Keeps at Neutral	09/02	MT
Mirvac Swings to Net Loss in Fiscal H1; Shares Up 5%	08/02	MT
Transcript : Mirvac Group, H1 2024 Earnings Call, Feb 08, 2024	08/02
Mirvac Group Reports Earnings Results for the Half Year Ended December 31, 2023	08/02	CI
Ingenia Communities Appoints CEO	16/01	MT
Australia shares led higher by Financials; US inflation in focus	11/01	RE
Australian shares fall after Fed official's comments temper rate cut hopes	18/12	RE
Mirvac to Pay July-December Dividend in February 2024	13/12	MT
James Cain to Join Audit, Risk and Compliance Committee and the Health, Safety, Environment & Sustainability Committee of Mirvac Group, Effective from 1 January 2024	13/12	CI
Mirvac Group Declares Dividend for the Six Months Ending December 31, 2023, Payable on February 29, 2024	13/12	CI
Mirvac Group's Equity Buyback Plan Extended till February 7, 2025.	06/12	CI
Transcript : Mirvac Group - Shareholder/Analyst Call	16/11

Mirvac Group is an Australia-based company, which is property investment for the purpose of deriving rental income and investments in unlisted funds. It owns and manages assets across the residential, office and industrial, retail and build to rent sectors. The Companyâs residential properties include houses, apartments, townhouses and land. It has residential apartment projects and communities across New South Wales, Queensland, Victoria & Western Australia. Its portfolio of office properties includes 101-103 Miller Street, North Sydney; 410 Ann Street, Brisbane; Locomotive Workshop, South Eveleigh; 380 St Kilda Road, Melbourne; 31 Market Street, Sydney; 367 Collins Street, Melbourne; 10-20 Bond Street, Sydney and others. Its portfolio of industrial properties includes 39 Herbert Street, St Leonards. Its Birkenhead Point Brand Outlet is situated five kilometers from Sydney CBD on a prime 3.7-hectare waterfront site.

Sector

Diversified REITs

Calendar

08/08/2024 - Q4 2024 Earnings Release

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ESG Refinitiv

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Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

2.12 AUD

Average target price

2.228 AUD

Spread / Average Target

+5.09%

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Diversified REITs

Mirvac Group

Equities

MGR

AU000000MGR9

Diversified REITs

Mitsui Fudosan Australia Pty. Ltd. agreed to acquire 66% stake in 55 Pitt Street, Sydney from Mirvac Group.

Latest news about Mirvac Group

Chart Mirvac Group

Company Profile

Income Statement Evolution

Ratings for Mirvac Group

Analysts' Consensus

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Diversified REITs