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Mirvac’s newest masterplanned community located in Cobbitty in Sydney’s south-west is officially under construction, following a groundbreaking ceremony held earlier this week.
Mirvac Constructions has been recognised by Equifax as the first Australian business to be awarded a 5 Gold Star iCIRT rating, which determines an entity’s capability, capacity and ability to deliver a trustworthy building.
The government’s policy designed to tackle the housing supply shortage is already causing anxiety among small-scale investors.
Following its completion, Mirvac’s Transformation House will go to auction next week, with the developer looking to raise much-needed funds for The Salvation Army’s Red Shield Appeal.
A growing funds management arm will depend on the company’s ability to keep building high-quality assets, the Mirvac founder tells the newest CEO-elect.