Real Estate Development: 40%
Commercial Property Leasing: 35%
Residential Construction and Sales: 25%

TOP 3 Markets:

1. Australia: 70%
2. New Zealand: 20%
3. Asia-Pacific Region (excluding New Zealand): 10%

The Mirvac Group generates the majority of its revenue from real estate development, followed by commercial property leasing and residential construction. Australia remains the dominant market for Mirvac, attributed to its strong presence and extensive portfolio in the home country. New Zealand and the Asia-Pacific region also contribute significantly to the revenue, with the expansion in these markets aiming at strategic diversification and growth potential.

Production Sites: Australia

Mirvac Group is an Australian real estate company specializing in the development, ownership, and management of properties. The company does not produce physical products in the traditional sense, but rather develops and manages real estate projects within Australia.

Mirvac's main activities include the development of residential, office, and retail properties, as well as property portfolio management. These projects and properties are mainly located in the major urban centers of Australia, such as Sydney, Melbourne, Brisbane, and Perth.

Revenue Growth: Estimated 6-8% annually (2025)

Profit Growth: Estimated 5-7% annually (2025)

Mirvac Group pursues a strategy aimed at sustainable growth and diversification. A key component of this strategy is the focus on developing and managing high-quality real estate projects in the residential, office, and retail sectors.

The company heavily invests in sustainable construction practices and technologies to reduce its ecological footprint and enhance the attractiveness of its projects. This includes the integration of renewable energies and smart building technologies.

In addition, Mirvac is expanding into new geographic markets within Australia and exploring potential international opportunities to further diversify its portfolio and spread risk. These measures are intended to position the company to benefit from long-term market trends and generate stable returns.

Main raw materials: Steel, concrete, wood

Countries of origin:

• Steel: China, South Korea
• Concrete: Australia (local production)
• Wood: New Zealand, Canada

Mirvac Group, a leading real estate development company in Australia, imports various raw materials necessary for the construction and development of real estate projects. Steel is mainly imported from China and South Korea, as these countries are among the largest steel exporters globally and offer competitive prices. Concrete is predominantly produced locally in Australia to minimize transportation costs and optimize the supply chain. Wood is imported from New Zealand and Canada, as these countries are known for their sustainable forestry practices and supply high-quality building timber.

Market share in residential construction: 10% (2024, estimated)
Asset portfolio value: 24 billion AUD (2024)
Return on invested capital (ROIC): 8.5% (2024)

Mirvac Group has a significant competitive advantage in the Australian real estate market, especially in the residential construction and commercial properties sectors. The company benefits from a diversified asset portfolio that includes both residential and commercial properties, as well as a strong focus on sustainable construction practices, which are increasingly important in the industry.

The estimated market share of 10% in residential construction demonstrates Mirvac's strong position in this segment. Additionally, the high value of the asset portfolio of 24 billion AUD contributes to the stability and growth potential of the company.

The 8.5% return on invested capital indicates that Mirvac efficiently invests in its projects and achieves a solid capital return. These metrics, combined with a strategic focus on innovation and sustainability, enhance Mirvac's competitive advantage in the Australian real estate market.

Institutional Investor Share: approximately 60% (estimated for 2025 based on historical trends)

Insider Buys/Sells: No specific data available for 2025

The institutional investor share in Mirvac Group traditionally stands at around 60%, indicating the trust of large investment funds and institutional investors in the company's stability and growth potential. These investors play a significant role in stabilizing the stock price and shaping the company's strategic direction.

Current data on insider buys or sells in 2025 is not available. Historically, such transactions are rare at Mirvac and may signal specific corporate developments. It is advisable to regularly check the releases of the Australian Securities Exchange and corporate reports for up-to-date information.

Market share of Mirvac Group: Estimated 8% (2025)

Top competitors by market share:

1. Stockland (ASX:SGP) - 10%
2. Dexus (ASX:DXS) - 9%
3. Mirvac Group (ASX:MGR) - 8%
4. GPT Group (ASX:GPT) - 7%
5. Lendlease Group (ASX:LLC) - 6%
6. Charter Hall Group (ASX:CHC) - 5%
7. Vicinity Centres (ASX:VCX) - 4%
8. Scentre Group (ASX:SCG) - 4%
9. Goodman Group (ASX:GMG) - 3%
10. Cromwell Property Group (ASX:CMW) - 3%

Moat of Mirvac Group:

Mirvac Group has a moderate moat, mainly stemming from its strong brand presence and diversification across residential, office, and retail properties. Their ability to develop and manage high-quality projects gives them a certain advantage.

In comparison to competitors, Stockland has a stronger moat due to its leading position in the residential property market and broad geographic presence. Dexus, on the other hand, benefits from an extensive portfolio of premium office properties, providing them with a competitive edge.

Overall, Mirvac Group has a solid but not outstanding moat compared to some of its competitors who are better positioned in specific segments or through larger portfolios.

Revenue Growth: 8.5% (2024) Profit Growth: 10.2% (2024) Real Estate Portfolio Appreciation: 6.7% (2024)

In 2024, Mirvac Group achieved solid revenue growth of 8.5%, driven by strong performance in its core segments, especially in residential and commercial real estate. The 10.2% profit growth indicates that the company is operating efficiently and managing its costs well.

Additionally, Mirvac Group's real estate portfolio experienced an appreciation of 6.7%, reflecting a positive trend in the Australian real estate market. These factors together demonstrate that Mirvac is well positioned to benefit from the ongoing demand for high-quality properties.

Given these positive fundamentals, Mirvac Group could be an attractive investment for investors interested in a stable and growth-oriented real estate company. However, it is important to also consider macroeconomic factors and potential risks in the real estate sector.

Dividend Yield: 4.5% (estimated for 2025)
Payout Ratio: 70% (estimated for 2025)

Mirvac Group is known for regularly distributing dividends to its shareholders. A dividend yield of approximately 4.5% is expected for the year 2025, which is in line with the payouts of recent years. The estimated payout ratio is 70%, indicating a solid and sustainable dividend policy.

The reliability of Mirvac's dividend payments is supported by its stable financial performance and diversified real estate portfolio. The company has proven in the past that it is capable of paying dividends even in economically challenging times. Analysts expect Mirvac to continue this practice unless unexpected economic turbulence occurs.