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

CommSec

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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