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Mirvac Group (ASX:MGR) is a leading Australian property group with approximately $21 billion of assets under management. Operations include both commercial and residential projects, primarily based in Sydney and Melbourne, but also include Brisbane and Perth developments. Mirvac now has 47 years of experience since their establishment in 1972.
The CoreLogic Hedonic Home Value Index results for June 2019 show Sydney and Melbourne house prices have risen for the first time since 2017.
New data from the Reserve Bank of Australia (RBA) shows that housing credit growth is continuing to slow across Australia. What does this mean for ASX investors?
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.01% at lunch.
Boral Limited (ASX:BLD) has a plan to make $300 million from just one property.
The ASX 200 (INDEXASX: XJO)(^AXJO) is expected to open lower today, the USA’s S&P 500 Index (.INX) rose by 0.95% on Thursday.
ASX REIT owners like Charter Hall Group (ASX: CHC) and Mirvac Group (ASX: MGR) are trading higher this morning, possibly due to renewed positivity around the housing market.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.19% at lunch.
Property business Mirvac Group (ASX:MGR) has announced a $333 million acquisition.
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) went down by 0.28% on Monday.
