Latest Residential Sales News

Mirvac Group reported a solid FY25 operating profit of $474 million, maintaining strong momentum in its living sector and residential pre-sales. The company is poised for growth in FY26, supported by easing interest rates and a robust development pipeline.

Meridian Energy's July report reveals a notable decline in hydro storage levels alongside a surge in retail electricity sales, highlighting a complex energy landscape in New Zealand.

Meridian Energy’s June 2025 report reveals hydro storage levels exceeding historical averages and a notable rise in retail electricity sales, despite lower generation prices. The company also signals the end of its smelter demand response agreement.

Mirvac Group reported a surge in residential sales and advanced capital partnerships for major developments, reaffirming its FY25 earnings guidance amid strong leasing and occupancy across its portfolio.

Simonds Group reported a resilient first half of FY25 with EBITDA growth despite market softness and announced a strategic acquisition to strengthen its market position.

Mirvac's 1H25 results reveal a modest decline in EBIT and operating profit, yet the company signals strong growth prospects fueled by residential sales momentum, sustainable development, and strategic capital partnering.

Mirvac Group reported a solid first half with a $236 million operating profit, driven by a 51% surge in residential lot sales and strong development momentum. The company reaffirmed its full-year earnings guidance, signalling confidence in its growth trajectory.