Mirvac calls it a day on car park management

Mirvac has announced that it is in the process of disbanding the car park management side of its business, reports The Australian.

According to the article, it is in the process of signing over nine of its larger car parks to Wilson Parking, and handing the management of two of its shopping centre car parks, Broadway and Rhodes, back to the shopping centre owners. Further car parks within hotels of the group will be handed back to be managed by the hotel management from next month.

The Australian reports that Mirvac’s car park holdings peaked at 22 locations last year, and the total number of bays being managed by Mirvac as they look to disband their car parking business is around 14,000 across various sites.

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