Stuart Penklis was appointed Head of Residential in April 2017.
Stuart has more than 25 years of experience in the property industry, including a number of senior roles in his 18 years with Mirvac, across investment and development in multiple sectors.
Since joining Mirvac in 2002, Stuart has played a lead role in securing and delivering a diverse set of the Group’s large-scale residential and industrial development projects, such as Harold Park, The Moreton, Hoxton Distribution Park and Calibre, Eastern Creek, in Sydney.
Prior to joining Mirvac, Stuart spent six years at FPD Savills.
Stuart's latest publications
There's been plenty of discussion lately about economic stimulus. Looking at our own industry, it's heartening to be reminded of the enormous multiplier effect property development and construction offers in terms of jobs creation and wider community benefit.
Here's an interesting finding for you from research we've recently undertaken: 37% of Mirvac customers would be tempted to reconsider where they live if they could work from home more frequently.
Rounding out the series of posts Stuart Penklis has written recently on the enduring factors that make a home stand the test of time, in this article he discusses how legacy and creating communities that inspire and evolve with their residents is something deeply seeded in Mirvac’s DNA.
Our industry has come under considerable scrutiny recently, from both the public and the media, regarding the construction quality of residential projects of every size and scale. Quality, however, doesn’t happen by accident and reputations are built over many years rather than overnight.
How do you create vibrant places that leave a positive legacy in a changing market? At Mirvac this is in our DNA but something we can never lose sight of.
A changing property market – like the one we find ourselves in presently – is an opportunity to pause, take stock and carefully assess how we’re delivering homes to meet the needs of today’s market.
Mirvac celebrates the official opening of two parks in Sydney in one afternoon: Galloway Green at CREST, Gledswood Hills, and the 3.8 hectare park at Harold Park, Forest Lodge.
The ability to tap into our design and construction capability to make modifications to the design of our properties has been described as "life-changing" by Tim Ferguson, one of our Harold Park purchasers who lives with multiple sclerosis and is confined to a wheelchair.