Business
ASX subdued; Bitcoin bounces; Crown denies Barton departure – The Sydney Morning Herald
Australian shares slipped 0.3% Friday’s open, with the banks, miners and CSL mixed. Several Asian markets remain closed for Lunar New Year.
The office and industrial portfolios weathered the global pandemic reasonably well with rent collection remaining at about 97 per cent, while retail was a bit lower at 84 per cent.
Mirvac chief executive Susan Lloyd-Hurwitz said despite the pandemic, the group delivered solid results for the half year including an operating profit of $276m, an increase of 10 per cent from second half of the 2020 year to June 30.
As a result Mirvac has initiated guidance for the full 2021 year, with operating earnings…
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