Mirvac Group is engaged in real estate investment, development, third-party capital management and property asset management. The Company's segments include Office & Industrial, Retail, Residential, and Corporate & other. The Office & Industrial segment manages the office and industrial property portfolio to produce rental income, along with developing office and industrial projects. The Office & Industrial segment also manages joint ventures and properties for third-party investors and owners. The Retail segment manages the retail property portfolio, including shopping centers. The Retail segment also develops shopping centers and manages joint ventures and properties for third-party investors and owners. The Residential segment designs, develops, markets and sells residential properties to external customers, including Masterplanned Communities and Apartments, in core metropolitan markets. The Corporate & other segment holds an investment in the Tucker Box Hotel Group joint venture.

Sales Analysis. During the year ended June of 2019, sales at Mirvac Group were A$2.19 billion (US$1.51 billion). This is a very small increase of 1.3% versus 2018, when the company's sales were A$2.16 billion. Despite this increase, sales are still below the level achieved in 2017, when Mirvac Group reported sales of A$2.28 billion. Sales of Office and Industrial saw an increase that was more than double the company's growth rate: sales were up 79.5% in 2019, from A$589.00 million to A$1.06 billion. Mirvac Group also saw significant increases in sales in Retail (up 5.2% to A$321.00 million) . Not all segments of Mirvac Group experienced an increase in sales in 2019: sales of Residential fell 33.7% to A$824.00 million. Mirvac Group also experienced decreases in sales in Corporate and Other (down 33.3% to A$10.00 million) .