Mirvac traded at 1.94 this Friday February 6th, decreasing 0.06 or 3.00 percent since the previous trading session. Looking back, over the last four weeks, Mirvac lost 4.90 percent. Over the last 12 months, its price fell by 0.51 percent. Looking ahead, we forecast Mirvac to be priced at 1.96 by the end of this quarter and at 1.84 in one year, according to Trading Economics global macro models projections and analysts expectations.
Mirvac Group is an Australia-based property company. The Company is engaged in creating homes, workplace and shopping centers in urban area. It operates through three segments: Integrated Investment Portfolio, Commercial & Mixed Use, and Residential. The Integrated Investment Portfolio segment manages the property portfolio, including office, industrial and retail. This segment also manages joint ventures and associates, properties and funds for capital partners. The Commercial & Mixed Use segment designs, develops and constructs office buildings, industrial warehouses, retail precincts. Its Residential segment is engaged in designing, developing, marketing and selling residential properties to external customers. These include masterplanned communities and apartments, in core metropolitan markets.