Investor Presentaiton
MIRVAC LIVING SECTORS INVESTOR DAY
Leverage integrated Development capability
CURRENT POSITION
> 50-year track record of development through cycles
> Integrated development, design and construction capability and reputation for quality
is a critical competitive advantage
> Multi-sector development capability provides resilience of earnings across asset cycles
> Broad Residential development pipeline, deep capabilities, and trusted brand to leverage
persistent structural under supply of residential accommodation
EXTENSIVE BENEFITS OF INTEGRATED DEVELOPMENT CAPABILITY
MIRVAC
CONSTRUCTION
5 Gold Star
iCIRT RATING
Improved portfolio
quality/modernisation
Enhanced
investment returns
Risk
management
Sustainability
objectives
Strategic site
acquisitions
FUM
Earnings
growth
DEEP MULTI-SECTOR DEVELOPMENT CAPABILITY
INDUSTRIAL
OFFICE
BUILD TO RENT
APARTMENTS
覺
MASTERPLANNED
COMMUNITIES
MIXED USE
Aspect Industrial Estate, SYD
7 Spencer Street, MEL'
LIV Anura, BNE
NINE Willoughby, SYD'
Smith's Lane, MEL'
Harbourside, SYD'
1. Artist impression, final design may differ.
FUTURE FOCUS
mirvac
A
.........
More selective in
deployment of capital
> Utilise capital efficient structures and capital partnering
to drive higher development ROIC and improve flexibility
of pipeline
> Consolidation of development division, driving efficient
capital allocation and leverage skills across the business
> Increased prefabrication and digitisation to improve
efficiency and safety
> Selective in deployment of capital - have placed over
~$1.8bn of planned development projects on hold
LIV Anura, Brisbane (artist impression, final design may differ)
OCTOBER 2023
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