UPDC Real Estate Investment trust (NSA:UPDCREIT) Buildings And Improvements : ₦0.00 Mil (As of . 20)

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What is UPDC Real Estate Investment trust Buildings And Improvements?

UPDC Real Estate Investment trust Buildings And Improvements Historical Data

The historical data trend for UPDC Real Estate Investment trust'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.
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UPDC Real Estate Investment trust Buildings And Improvements Chart

UPDC Real Estate Investment trust Annual Data

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UPDC Real Estate Investment trust Semi-Annual Data

Buildings And Improvements

UPDC Real Estate Investment trust 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.

UPDC Real Estate Investment trust Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » UPDC Real Estate Investment trust (NSA:UPDCREIT) » Definitions » Buildings And Improvements

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Address

1-5 Odunlami Street, UAC House, Lagos, NGA

Website

http://www.updcplc.com

UPDC Real Estate Investment trust is engaged in the development and management of luxury, premium, and classic apartments in selected cities in Nigeria. It approaches property planning from the customers perspective to create comfortable living/working environments. The company's current portfolio includes residential and commercial properties in Lagos, Abuja and Port Harcourt.

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