Mirvac is one of Australia’s leading property fund managers and integrated real estate groups managing over £13 billion of real estate activities comprising:
Funds Management highlights:
- £6.2 billion under management
- Real estate equity, debt and infrastructure funds
- 40,000 institutional and private investors
- Expanding global reach – Australia, USA and UK
Developments
- A £7.0 billion development pipeline
- Mixed development, residential and commercial real estate sectors
Mirvac has established a strong UK funds management and development team based in London, combining global management expertise with local market knowledge.
A first UK Fund, the City Regeneration Fund (CRF), was established in 2007 with an initial £165m gross investment mandate. This six year closed fund is targeting London and south east UK real estate redevelopment opportunities, utilising Mirvac’s regeneration skills and experience and focussed on generating investor internal rates of return in excess of 20%.
Following the CRF’s successful launch a second ‘City Regeneration Partnership II’ fund will be launched in late 2008. The City Regeneration Fund (CRF) |