Mirvac

Earlier this week we held our Living and Logistics Investor Day with presentations from Campbell Hanan, Courtenay Smith, Stuart Penklis, Richard Seddon, Angela Buckley and Stephen Gould and SERENITAS CEO Rob Nichols.       The day had record attendance from investors/analysts with over 90 attendees, who heard from our senior leaders on the huge opportunity for growth across both sectors, saw our next generation projects up close and learned about the wonderful integrated teams across Mirvac that make them happen.    A recording of the event is available on our website https://lnkd.in/gPDW6KKT

Earlier this year, our Retail team, in partnership with RCYCL, collected over 8,000kg of worn textiles from our customers across our national retail portfolio. Now we are inviting our office tenants at 200 George St in Sydney to join the RCYCL revolution, and drop off unwearable garments to the RCYCL Donation Tree located in the lobby. RCYCL takes unwearable textiles and uses the natural fibres to create new yarn. This process not only reduces waste but creates new products from the materials already in circulation. As a company Mirvac has a long-standing commitment to sustainability, encompassed in our sustainability strategy and our practices as a business. The pop up will finish on 25 October.

We are excited to reveal Harbourside Residences - a once-in-a-lifetime opportunity to own a sophisticated and timeless home of uncompromised luxury, positioned enviably on Sydney Harbour foreshore, just beyond the hustle of the Sydney CBD. Due for completion from 2027, Mirvac’s wider $2bn Harbourside precinct is the final piece in the rejuvenation of Darling Harbour, and set to be its most spectacular. The many parts of Harbourside will bring together a new generation work place, elevated dining experiences, everyday retail, a widened waterfront promenade and an exclusive residential haven. Optimally designed for future residents, Harbourside Residences comprises 263 one-, two-, three-, and four-bedroom apartments across 48 levels, including three penthouses and three sub penthouses, outdoor resort-style pool with cabanas, a landscaped terrace and yoga/pilates space, indoor lap pool and spa plus wellness facilities including steam room and sauna. Residents can also enjoy a range of private indoor facilities including a lounge, dining room with kitchen, cinema and double storey golf simulator. Harbourside Residences will offer a new level of prestige at a Sydney location like no other – an historic shoreline reimagined as an exclusive haven. Watch the 7 News story here: https://lnkd.in/gStnUAeV  Visit our website for more information: https://lnkd.in/gbnBpjJm

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