Overview
Mirvac Wholesale Residential Development Partnership
The Mirvac Wholesale Residential Development Partnership is a closed-end vehicle that has acquired interests in 10 well located residential development/management projects around Australia that are diversified by geography, product type, timing and stage of the development cycle.
The portfolio comprises 2,287 lots and 1,167 medium density units.
The Partnership has raised equity commitments of $300 million, including Mirvac's 20 per cent co-investment, of which $287.5 million has been applied to the establishment of the current portfolio.