Mirvac Delivers Resilient 3Q26 Performance with Strong Sales and Stable Portfolio
Mirvac Group (ASX: MGR) reported a steady performance in the third quarter of FY26, supported by continued strength in residential demand and a well-performing investment portfolio. The company achieved 1,896 residential sales year-to-date, reflecting solid growth, while pre-sales rose to approximately AU$1.8 billion. Land lease activity also showed strong momentum, indicating sustained buyer interest across key regions. The investment portfolio remained stable, with occupancy levels around 97% and positive leasing spreads. Leasing activity was robust, highlighting consistent demand for quality assets and supporting recurring income growth.
The company continued to advance its development pipeline while expanding its funds platform through successful capital raising initiatives. Its balance sheet remains strong, enabling ongoing project execution and strategic flexibility. Despite macroeconomic uncertainties, Mirvac has maintained good earnings visibility and remains on track to achieve its FY26 targets, supported by disciplined execution and a diversified portfolio.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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Mirvac Delivers Resilient 3Q26 Performance with Strong Sales and Stable Portfolio
Mirvac Group (ASX: MGR) reported a steady performance in the third quarter of FY26, supported by continued strength in residential demand and a well-performing investment portfolio. The company achieved 1,896 residential sales year-to-date, reflecting solid growth, while pre-sales rose to approximately AU$1.8 billion. Land lease activity also showed strong momentum, indicating sustained buyer interest across key regions. The investment portfolio remained stable, with occupancy levels around 97% and positive leasing spreads. Leasing activity was robust, highlighting consistent demand for quality assets and supporting recurring income growth.
The company continued to advance its development pipeline while expanding its funds platform through successful capital raising initiatives. Its balance sheet remains strong, enabling ongoing project execution and strategic flexibility. Despite macroeconomic uncertainties, Mirvac has maintained good earnings visibility and remains on track to achieve its FY26 targets, supported by disciplined execution and a diversified portfolio.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au