Westfield (ASX:WFD) Buildings And Improvements : A$0 Mil (As of Dec. 2017)

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What is Westfield Buildings And Improvements?

Westfield Buildings And Improvements Historical Data

The historical data trend for 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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Westfield Buildings And Improvements Chart

Westfield Annual Data

Trend

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Buildings And Improvements

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Westfield Semi-Annual Data
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Buildings And Improvements	Get a 7-Day Free Trial															-	-	-	-	-

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.

Westfield (ASX:WFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Westfield Corp (ASX:WFD) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.westfieldcorp.com

Westfield is one of the largest global retail REITs, with interests in 35 malls with a gross value of USD 21.4 billion and external assets under management of USD 13 billion. Westfield's passive investments generate about 80% of group EBIT, with the balance derived from management fees and development income. It differs from peers by developing malls in signature locations, and aims to make each of its assets into a destination centre, with comprehensive entertainment facilities and premium retailers.

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