MGR 0.00% $2.11 mirvac group

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    Mirvac Group (ASX:MGR) has signed up PricewaterhouseCoopers (PwC) for office space at its proposed 2 Riverside Quay development in Melbourne. 
     
    The real estate developer says it has now entered into an agreement for lease with one of Australia’s leading professional services firms. 
     
    PwC has committed to about 17,200 square metres over 10 levels, which represents 82 per cent of the total lettable office area, for an initial term of 12 years. 
     
    Mirvac advises the development at Riverside Quay will see the construction of a 21-level commercial tower in the middle of Melbourne’s Southbank precinct. 
     
    Mirvac Group increased its net profit to $447 million in the 2014 financial year. 
 
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