News
Mirvac & Mitsui Fudosan Australia to deliver landmark new office at 55 Pitt Street, Sydney
Mirvac Group (Mirvac) and Mitsui Fudosan Australia (Mitsui Fudosan, 100% subsidiary of Mitsui Fudosan Co., Ltd.) are set to deliver a landmark new office development at 55 Pitt Street in Sydney, following Mirvac’s sale of a ~66% interest in 55 Pitt Street to Mitsui, with the ~$2bn project to be delivered as a joint venture.
New whitepaper explores AI’s potential to create the workplace of the future
Against a backdrop of the widening gap between employee use of generative AI (more than 50 per cent)* and large Australian companies reported official use (under ten per cent)^, Mirvac and WORKTECH Academy have launched a discussion paper on AI’s potential to have a transformative effect on the workplace of the future – from sustainability to workplace culture.
Mirvac, ART and CEVA Open First Warehouse at Aspect ~$660m Kemps Creek Industrial Estate
New South Wales Premier, Chris Minns and Minister for Roads, John Graham joined Mirvac and its Mirvac Industrial Venture partner, Australian Retirement Trust (ART) today to announce practical completion of the first warehouse at Aspect Industrial Estate in Kemps Creek in Western Sydney, a 34,000sqm facility for CEVA Logistics.
Waterloo Collective Construction Commence
Construction has officially commenced at Waterloo Collective, a $900 million joint venture between Mirvac and John Holland, which will deliver a mixed-use precinct combining residential apartments, social housing, student accommodation, commercial offices, a vibrant ground plane including retail, community facilities and public open space.
ASSET SALES UPDATE
60 Margaret Street and MetCentre, Sydney
Brisbane’s Heritage Lanes First to Achieve Australia’s Greenest Certification
Brisbane’s state-of-the-art Heritage Lanes building and precinct, head office to Suncorp and KPMG, is the first in the world to achieve a 6 Star Green Star Buildings certified rating, a new world-leading sustainability benchmark from the Green Building Council of Australia.
Mirvac Breaks Ground at 2 Billion Harbourside Redevelopment
Construction has officially commenced at Mirvac’s Harbourside mixed use precinct, a significant milestone in the $2 billion revitalisation project which will deliver a critical missing piece of Sydney’s $15 billion Western Harbour rejuvenation that has been underway since the completion of the International Convention Centre.
Mirvac Celebrates NAIDOC Week
NAIDOC Week is a time to celebrate and recognise the history, culture and achievements of Aboriginal and Torres Strait Islander peoples. To acknowledge this, Mirvac will showcase Indigenous culture through a series of events and activities across our portfolio.
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Mirvac and Australian Retirement Trust launch new industrial vehicle
Leading property group, Mirvac, and its existing capital partner, Australian Retirement Trust (ART), one of the country’s largest super funds, have today announced the launch of the ~$0.37bn Mirvac Industrial Venture (MIV or the Venture). ART will invest 49 per cent in the Venture, with Mirvac to retain the remaining 51 per cent.
Mirvac Partner with Daibiru to Develop 7 Spencer Street Project in Melbourne
Mirvac has established a strategic relationship with Japanese Real Estate company, Daibiru, which is investing in a 50 per cent share of Mirvac’s next generation workplace development, 7 Spencer Street.
Why Australia’s Property Industry Sets the Pace in Sustainable Finance
Australia’s property industry, which has blazed a trail in deploying sustainable finance to support investment in greener, more efficient buildings, is now tackling perhaps its toughest challenge: Scope 3 emissions.
Mirvac acknowledges Aboriginal and Torres Strait Islander peoples as the Traditional Owners of the lands and waters of Australia, and we offer our respect to their Elders past and present.
Artwork: ‘Reimagining Country’, created by Riki Salam (Mualgal, Kaurareg, Kuku Yalanji) of We are 27 Creative.