Property Industry Leader Wins Major Business Award

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Susan Lloyd-Hurwitz, CEO and managing director of Mirvac, has been named as the 2014 Telstra New South Wales Business Woman of the Year.

With 25 years in the property industry, working in Australia, Europe, the US and Asia, Lloyd-Hurwitz was appointed in August 2012 to head the Mirvac Group, which develops, owns and manages a diverse portfolio of assets in the office, retail, industrial and residential sectors.

The Telstra Awards judges noted her resilience, the way she inspires the property giant’s 1200-strong team and her performance in delivering Mirvac’s strategy for shareholders.

In a career with extensive fund and portfolio experience at companies including Lend Lease, one of Lloyd-Hurwitz’s key achievements was leading the establishment in 2003 of a Macquarie Group real estate fund that invested in Chinese shopping centres in partnership with Chinese conglomerate Dalian Wanda Group.

“Over the three years I worked on this fund, I learnt some valuable lessons, the most profound of which was resilience,” Lloyd-Hurwitz said. “It was an incredibly complex and long undertaking – it still exists, continuing to generate the returns we promised, weathering a wide range of economic and political conditions including the GFC.”

Lloyd-Hurwitz, who also won the Private and Corporate Sector Award, sits on the Australasian Advisory Board for graduate business school INSEAD, the University of Western Sydney Foundation Council and the board of the Green Building Council of Australia. She also represents Mirvac in the Property Council of Australia’s Corporate Leaders Group.

“Along the way, I’ve had some important mentors who have invested in me, taken a risk, held up the mirror for me and guided me,” she said. “In all business relationships, I strive to listen, to create mutually beneficial outcomes and to communicate often and with clarity.

“I motivate and inspire people using every tool available to me … I also try to ensure that my actions line up with what I say, and that I am decisive and clear in both popular and unpopular or difficult decisions.”

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