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Newmark Property REIT (ASX:NPR) Buildings And Improvements : A$0.00 Mil (As of Dec. 2023)


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What is Newmark Property REIT Buildings And Improvements?


Newmark Property REIT Buildings And Improvements Historical Data

The historical data trend for Newmark Property REIT's Buildings And Improvements can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Newmark Property REIT Buildings And Improvements Chart

Newmark Property REIT Annual Data
Trend Jun22 Jun23
Buildings And Improvements
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Newmark Property REIT Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
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Newmark Property REIT Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction.  Broker and architect fees, permits, etc. can be covered within this category.  Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized.  Improvements are commonly recorded at acquisition cost.  Building improvement examples include roofing, remodeling, replacements, etc.


Newmark Property REIT (ASX:NPR) Business Description

Industry
Traded in Other Exchanges
N/A
Address
644 Chapel Street, Como Centre, Level 17, South Yarra, Yarra, VIC, AUS, 3141
Newmark Property REIT is a real estate investment trust. It offers investors access to Australian hardware and large-format retail properties. The group receives the majority of its revenue through rental income.

Newmark Property REIT (ASX:NPR) Headlines

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