Mirvac Group is a diversified Australian property company, with an integrated development and asset management capability. The Company's segments include Office & Industrial, Retail, Residential, and Corporate. 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.

Sales Analysis. During the year ended June of 2019, sales at Mirvac Group were A$2.19 billion (US$1.30 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) .