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Mobimo Holding AG (XSWX:MOBN) Accounts Payable & Accrued Expense for Financial Companies


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What is Mobimo Holding AG Accounts Payable & Accrued Expense for Financial Companies?

Accounts Payable & Accrued Expense for Financial Companies only applies to insurance companies.


Mobimo Holding AG (XSWX:MOBN) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Mobimo Holding AG (XSWX:MOBN) » Definitions » Accounts Payable & Accrued Expense for Financial Companies
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Rutligasse 1, Lucerne, CHE, CH-6000
Mobimo Holding AG is a Switzerland-based parent company of the Mobimo Group. The company's business activities consist of the long-term holding and management of commercial and residential properties, the development of commercial and residential properties for its portfolio and third-party investors, and the construction and sale of owner-occupied residential properties. The company operates in two reportable segments; Real estate and Development. The Real Estate segment shows the profit from investment properties held on a long-term basis to generate rental income. The Development segment shows the profit from investment properties under construction for the company's portfolio, development for institutional and private investors, and the construction and sale of condominium apartments.