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Unibail-Rodamco-Westfield (ASX:URW) Buildings And Improvements : A$0 Mil (As of Dec. 2023)


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What is Unibail-Rodamco-Westfield Buildings And Improvements?


Unibail-Rodamco-Westfield Buildings And Improvements Historical Data

The historical data trend for Unibail-Rodamco-Westfield'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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Unibail-Rodamco-Westfield Buildings And Improvements Chart

Unibail-Rodamco-Westfield Annual Data
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Buildings And Improvements
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Unibail-Rodamco-Westfield Semi-Annual Data
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Unibail-Rodamco-Westfield 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.


Unibail-Rodamco-Westfield (ASX:URW) Business Description

Address
7, Place du Chancelier Adenauer - CS, Paris, FRA, 31622-772
Unibail-Rodamco-Westfield owns a portfolio of quality malls, about two thirds in continental Europe. Since acquiring Westfield in 2018 URW also has about 10% in the U.K. and about 25% in the U.S., but it plans to drastically reduce exposure to the latter. More than 90% of rent comes from shopping centers, the remainder from offices, mostly Paris, as well as some offices attached to mixed-use assets around the world, and a similar amount from a conventions and exhibitions business in France.

Unibail-Rodamco-Westfield (ASX:URW) Headlines

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