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Mirvac’s 1H26 Surge: $1bn JV, Residential Boom, and Pipeline Power
7:48am on Wednesday 18th of February, 2026 AEDT
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Real Estate
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Mirvac’s 1H26 Surge: $1bn JV, Residential Boom, and Pipeline Power
7:48am on Wednesday 18th of February, 2026 AEDT
Key Points
Operating profit up 5% to $248 million
Residential sales surged 38%, with 1,304 lots exchanged
Secured $1 billion joint venture with Mitsubishi Estate for Harbourside Sydney
Strong leasing spreads and 98% portfolio occupancy
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MIRVAC (ASX:MGR)
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