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 second fiscal quarter of 2021, sales at Mirvac Group totalled A$998.00 million. This is a drop of 20.4% from the A$1.25 billion in sales at the company during the second quarter in 2020. During the year ended June of 2020, sales at Mirvac Group were A$2.12 billion (US$1.63 billion). This is a decrease of 3.2% versus 2019, when the company's sales were A$2.19 billion. Contributing to the drop in overall sales was the 15.9% decline in Office and Industrial, from A$1.06 billion to A$889.00 million. There were also decreases in sales in Retail (down 5.6% to A$303.00 million) . However, these declines were partially offset by the increase in sales of Residential (up 12.4% to A$926.00 million) and Corporate and Other (up 150.0% to A$25.00 million) .