Investor Presentaiton
MIRVAC LIVING SECTORS INVESTOR DAY
Appeal of BTR asset class
UNDERPINNED BY
STRUCTURAL DRIVERS
ATTRACTIVE RISK ADJUSTED
INVESTMENT RETURNS
Loooo
ALIGNED TO MGR
CAPABILITIES
mirvac
> Strong population growth
> Affordability pressures
> Material undersupply
> Urbanisation of population
> Latent customer demand - low quality
incumbent product - institutional
professional ownership
> Growing addressable market
> Supportive Government policies
STABLE INCOME STREAMS
> High occupancy
> Low volatility of income
> Stability in valuation
STRONG RENTAL GROWTH OUTLOOK
> Historical rent growth
> Annual rent adjustments
> Inflation protection
LOW CASH FLOW LEAKAGE
> Modest capex and incentives
> Low downtime
> 50 year Residential track record and
knowledge base
> Integrated market leading design and
creation platform
> Broadens customer reach
> Leverage Regulatory relationships
> Operating track record - Early mover advantage
LIV Albert Fields, Melbourne
(artist impression, final design may differ)
10 OCTOBER 2023View entire presentation