Executive Series : Mirvac Group (MGR) CIO, Brett Draffen

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In this short video we discuss MGR’s full year results, which included an NPAT increase of 13 per cent to $1.16 billion, driven by property valuation uplifts in the investment portfolio.
MGR’s outlook for the east coast residential property markets, having achieved $2.7 billion in residential pre-sales and settled a record 3,311 residential lots in 2017.
Office & Industrial portfolio highlights, including occupancy of 97.6 per cent and a WALE of 6.5 years in the office portfolio and occupancy of 95.3 per cent in the industrial portfolio, with a WALE of 7.0 years.
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CommSec is Australia's leading online broker. CommSec has been committed to providing the best in online trading since 1995. CommSec helps make informed investment decisions with comprehensive market research, free live pricing and powerful...
Expertise
No areas of expertise