Assessing Profit vs. Quality
Construction businesses are always difficult to understand and value. The markets in which they operate are varied and volatile, and construction markets worldwide are transforming as...
Developers Swap Office Plans for Residential Projects in Sydney
Two of Australia's biggest developers are considering replacing plans for office buildings in Sydney's inner city with residential apartment complex projects as the RBA's cuts to...
Perth City Link Woes Blamed on Barnett’s Overambition
The opposition has blamed the Barnett government's pursuit of too many inner-city projects simultaneously for the problems plaguing Perth's ambitious urban development plans.
Property Boom Boosts Mirvac Profit 69 pct
The housing boom may have peaked, but Mirvac expects its healthy property development pipeline to keep earnings growth strong.
Headland Park Shows Innovation Must Balance Uniformity
A fresh new curvilinear approach to design is emerging in urban Sydney that challenges the uniformity of endless rectangular street edge buildings that respond to the...
Mirvac Slashes Housing Construction Times with Prefab Walls
A trial of prefab building materials conducted by Mirvac in western Sydney highlights the advantages of the alternative construction method.
Mirvac Eyes Potential of Melbourne-Geelong Growth Corridor
Ambitious plans to create a second CBD for Melbourne in between the city centre and Geelong have piqued the interest of property giant Mirvac.
Property Giants Post Major Sustainability Gains
Australia's leading property companies have made impressive strides in the areas of sustainability and environmental friendliness this year, indicative of a profound sea change within the...
Supply, Not Investors, Drive House Prices
A lack of housing supply, rather than foreign or domestic investors, are driving house prices, property developer Mirvac says.
Residential Defaults Rise for Mirvac
Property developer Mirvac expects a strong year despite ongoing settlement delays from foreign buyers and the rate of defaults edging higher.
Mirvac Profit UP 69%
Real estate group Mirvac expects to deliver strong growth in its earnings in fiscal 2017, backed by strong growth in its residential business.
Housing Boom Boosts Mirvac's Profit
Property developer Mirvac has lifted annual profit and locked in record pre-sales on homes amid exuberant demand for housing in Sydney and Melbourne.
Mirvac Reaffirms Earnings Guidance
Property group Mirvac still expects to grow its earnings per share by between eight and 10 per cent this fiscal year.
Mirvac to Help US Pension Fund Buy Premium Offices
Mirvac has struck a deal with one of America's leading retirement providers to jointly invest in prime office projects sourced by the Australian property group.