With more than 40 years’ experience in the Australian development and construction industry, Mirvac create, own, and manage a diverse portfolio of assets across the office, retail, industrial and residential sectors.
Our point of difference is our integrated business model which enables us to bring a range of skills to a development or acquisition opportunity. These skills span across, Design, Construction and Asset Management.
Our whole business strategy is built on three key foundations; being integrated, diversified and focused. Mirvac is focused on maximising the benefits of our integrated model and leveraging our competitive advantage in each of the sectors we operate in - office, retail, industrial and residential. By maintaining a core capability across these four sectors, Mirvac is able to deliver an appropriate balance of passive and active assets and can also unlock complex urban multi-use opportunities.
Our Sustainability Strategy
Launched in 2014, This Changes Everything is Mirvac’s plan for a sustainable future. It comprises of four interconnected areas of focus: Re-imagining Resources, Shaping the Future of Place, Enriching Communities and Smarter Thinking. Under each area is a long-term mission, supported by several more immediate commitments. This year, we’ve achieved another one of our commitments and have set several new ones including developing biodiversity and community plans for all our assets by 2018.
In FY16, Mirvac definitely had stand-out successes, such as delivering two Smart Buildings (200 George Street, Sydney and 699 Bourke Street, Melbourne); donating $1.08M in cash donations; launching our House with No Bills program and delivering our first profit-for-purpose cafe. In terms of resource efficiency, our carbon intensity has reduced by 20.4% and water intensiy by 23.6% (from a 2014 baseline).
Business Strategy
- Focused: deploying capital with discipline and delivering on our promises, with a strong focus on our customers.
- Diversified: maintaining an appropriate balance of passive and active invested capital through cycles, and retaining capability across the office and industrial, retail and residential sectors.
- Integrated: leveraging our integrated model to create, own and manage quality Australian assets.