Mirvac Group (ASX:MGR) Purchase Of Investment : A$-621 Mil (TTM As of Dec. 2023)

View and export this data going back to 1999. Start your Free Trial

What is Mirvac Group Purchase Of Investment?

Mirvac Group's purchase of investment for the six months ended in Dec. 2023 was A$-269 Mil. It means Mirvac Group spent A$269 Mil on purchasing investments. Mirvac Group's purchase of investment for the trailing twelve months (TTM) ended in Dec. 2023 was A$-621 Mil.

Compared with last quarter (A$-352 Mil in Jun. 2023 ), Mirvac Group spent less money on purchasing investments in Dec. 2023 (A$-269 Mil).

Mirvac Group Purchase Of Investment Historical Data

The historical data trend for Mirvac Group's Purchase Of Investment can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Mirvac Group Purchase Of Investment Chart

Mirvac Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Purchase Of Investment

Get a 7-Day Free Trial

-918.00

-712.00

-645.00

-862.00

-741.00

Mirvac Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Purchase Of Investment	Get a 7-Day Free Trial															-421.00	-441.00	-389.00	-352.00	-269.00

Mirvac Group Purchase Of Investment Calculation

Purchase of Investments represents cash outflow on the purchase of investments in securities.

Purchase Of Investment for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-621 Mil.

Mirvac Group Purchase Of Investment Related Terms

Thank you for viewing the detailed overview of Mirvac Group's Purchase Of Investment provided by GuruFocus.com. Please click on the following links to see related term pages.

Mirvac Group (ASX:MGR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Mirvac Group (ASX:MGR) » Definitions » Purchase Of Investment

Comparable Companies

Traded in Other Exchanges

MRVGF:USA MJB:Germany

Address

200 George Street, Level 28, Sydney, NSW, AUS, 2000

Website

https://www.mirvac.com

Mirvac is one of Australia's largest residential developers, particularly apartments. Residential development earnings are volatile, generating about a fifth of EBIT in fiscal 2023, despite accounting for only about 15% of the group's invested capital. Over our 10-year discrete forecast period we don't expect residential development to exceed the lofty peaks seen in 2017, when Mirvac settled 3,400 residential lots, however, we expect modest growth over time as Mirvac gains market share and constructs housing into an under-supplied market. About 80% of Mirvac's earnings come from a predictable commercial property portfolio, more than half of which is high-grade office and another fourth in retail, a small industrial portfolio, and a small but growing build-to-rent residential portfolio.

Mirvac Group (ASX:MGR) Headlines

No Headlines