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How Mirvac’s Living Sector Surge Sets Up FY26 Growth

9:15am on Friday 15th of August, 2025 AEST Real Estate
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How Mirvac’s Living Sector Surge Sets Up FY26 Growth

9:15am on Friday 15th of August, 2025 AEST
Key Points
  • Operating profit of $474 million, in line with guidance but down from FY24
  • Living sector EBIT surged 184% to $54 million with new build-to-rent completions
  • Residential pre-sales increased 39% to $1.9 billion, boosting future earnings visibility
  • Strong balance sheet with gearing at 27.6% and $1.2 billion liquidity
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