Mirvac Group - Company Profile
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Mirvac Group (Mirvac) is an integrated real estate company in Australia. Integrated asset management, property portfolio, and business portfolio are the company’s major strengths, whereas cash reserves remains a cause for concern. Strategic growth initiatives, affordable housing development, and recovery in the Australian construction industry are likely to offer growth opportunities to the company. However, stringent rules and regulations in Australia, inability to collect rents from tenants, and increase in minimum wages in Australia could affect the company’s business performance.
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