Mfc-Nichada Thani Property Fund (BKK:MNIT) Construction In Progress : ฿0.00 Mil (As of Mar. 2024)

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What is Mfc-Nichada Thani Property Fund Construction In Progress?

Mfc-Nichada Thani Property Fund Construction In Progress Historical Data

The historical data trend for Mfc-Nichada Thani Property Fund's Construction In Progress can be seen below:

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Mfc-Nichada Thani Property Fund Construction In Progress Chart

Mfc-Nichada Thani Property Fund Annual Data

Trend

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Construction In Progress

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Mfc-Nichada Thani Property Fund Quarterly Data
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Mfc-Nichada Thani Property Fund Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Mfc-Nichada Thani Property Fund (BKK:MNIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Mfc-Nichada Thani Property Fund (BKK:MNIT) » Definitions » Construction In Progress

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Address

Ratchadapisek Road, Ground Floor & 21st-23rd Floor, 199 Column Tower, Klongtoey, Bangkok, THA, 10110

Website

https://www.mfcfund.com

Mfc-Nichada Thani Property Fund is a close-ended property fund with no maturity date. The fund's objective is to use the proceeds from the sale of investment units to invest in properties for residential buildings including land and private houses for a living, which is in Amphur Pakkred, Nonthaburi. It operates under one segment namely Rental of Properties in Thailand. The Fund has invested (freehold) in the Lakeshore-North Apartment Building - an apartment for rent, Lakeshore-West Apartment Building - an apartment for rent, Land with units of two-storeyed private houses of Raintree Residence Project and Land with units of two-storeyed private homes of Sunshine Place Project. All assets are located in the Nichada Thani Project.

Mfc-Nichada Thani Property Fund (BKK:MNIT) Headlines

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