PEIPRACL.PFD (Pennsylvania Real Estate Investment Trust) Buildings And Improvements : $0.00 Mil (As of Sep. 2023)

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What is Pennsylvania Real Estate Investment Trust Buildings And Improvements?

Pennsylvania Real Estate Investment Trust Buildings And Improvements Historical Data

The historical data trend for Pennsylvania 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.
* 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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Pennsylvania Real Estate Investment Trust Buildings And Improvements Chart

Pennsylvania Real Estate Investment Trust Annual Data

Trend

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Buildings And Improvements

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Pennsylvania Real Estate Investment Trust Quarterly Data
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Pennsylvania 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.

Pennsylvania Real Estate Investment Trust Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Pennsylvania Real Estate Investment Trust (NYSE:PEIPRACL.PFD) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

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Address

One Commerce Square, 2005 Market Street, Suite 1000, Philadelphia, PA, USA, 19103

Website

https://www.preit.com

Pennsylvania Real Estate Investment Trust is a self-managed and self-administered REIT in the United States. It is engaged in the ownership, management, leasing, acquisition, redevelopment, development, and disposition of retail shopping malls including regional department stores and large format retailers. Its properties involve mall portfolio, redevelopment, specialty leasing, partnerships, and marketing. It derives the substantial majority of revenue from rent leases of retail properties in the real estate portfolio.