Cofinimmo/NV (CHIX:COFBB) Buildings And Improvements : €0.0 Mil (As of Mar. 2024)

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What is Cofinimmo/NV Buildings And Improvements?

Cofinimmo/NV Buildings And Improvements Historical Data

The historical data trend for Cofinimmo/NV'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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Cofinimmo/NV Buildings And Improvements Chart

Cofinimmo/NV Annual Data

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Buildings And Improvements

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Cofinimmo/NV Quarterly Data
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Cofinimmo/NV 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.

Cofinimmo/NV (CHIX:COFBB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Cofinimmo SA/NV (CHIX:COFBb) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

CFMOF:USA 0J3X:UK COF:Germany COFB:Belgium COFB:Austria

Address

58 Boulevard de la Woluwedal, Brussels, BEL, 1200

Website

https://www.cofinimmo.com

Cofinimmo SA/NV is a Belgian real estate company primarily engaged in the ownership and management of the rental property in Western Europe. The vast majority of Cofinimmo's properties are split between office and healthcare purposes. The remainder is mainly restaurants, pubs, and insurance agencies. Most of Cofinimmo's assets are located in Belgium, while France is also home to a substantial share. The company's major tenants include healthcare firms, pubs and restaurants, banks, and insurance firms. Cofinimmo generates nearly all of its revenue through rental income. The company's healthcare and restaurant tenants typically sign long-term leases, while its office tenants generally elect for short-term agreements.

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