Mirvac Group comprises Mirvac Limited and its controlled entities, including Mirvac Property Trust (MPT) and its controlled entities. The Company is engaged in real estate investment, development, hotel management and investment management. The Company operates in four segments: Investment, Hotel Management, Investment Management and Development. The investment segment holds investments in properties covering the retail, office, industrial and hotel sectors throughout Australia, held for the purpose of producing rental income through MPT, its controlled trusts and corporate entities holding investment properties. Hotel Management segment includes for management of hotels across Australia and New Zealand. The investment management segment manages listed and unlisted property funds. The Development segment includes operations are property development. In May 2012, the Company sold its hotel management business, Mirvac Hotels & Resorts, and various associated investments.