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MENA Real Estate Co (K SC C) (KUW:MENA) Buildings And Improvements : KWD0.00 Mil (As of Sep. 2024)


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What is MENA Real Estate Co (K SC C) Buildings And Improvements?


MENA Real Estate Co (K SC C) Buildings And Improvements Historical Data

The historical data trend for MENA Real Estate Co (K SC C)'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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MENA Real Estate Co (K SC C) Buildings And Improvements Chart

MENA Real Estate Co (K SC C) Annual Data
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Buildings And Improvements
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MENA Real Estate Co (K SC C) Quarterly Data
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MENA Real Estate Co (K SC C) 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.


MENA Real Estate Co (K SC C) Business Description

Traded in Other Exchanges
N/A
Address
Fahad Al Salem Street, P.O. Box 38381, Panasonic Tower, 6th Floor, Al Qibla, Dahia Abullah Al Salem Suburb, Kuwait, KWT, 72254
MENA Real Estate Co (K SC C) is involved in providing real estate investment products and services. It purchases, sells, and develops real estate and land in Kuwait and abroad. The company also gives real estate advisory services in extension to the establishment and management of various companies and projects locally, regionally, and internationally. It has two segments Domestic and International in which it generates the majority of its revenue form Domestic Segment. It generates the revenue from Gain/loss from the sale of investment properties, Developed properties, Service Income, Dividend Income, and Rental Income.

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