UBM Development AG (WBO:UBS) Buildings And Improvements : €12.8 Mil (As of Dec. 2024)

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What is UBM Development AG Buildings And Improvements?

UBM Development AG's quarterly buildings and improvements stayed the same from Jun. 2024 (€0.0 Mil) to Sep. 2024 (€0.0 Mil) but then increased from Sep. 2024 (€0.0 Mil) to Dec. 2024 (€12.8 Mil).

UBM Development AG's annual buildings and improvements increased from Dec. 2022 (€11.8 Mil) to Dec. 2023 (€12.4 Mil) and increased from Dec. 2023 (€12.4 Mil) to Dec. 2024 (€12.8 Mil).

UBM Development AG Buildings And Improvements Historical Data

The historical data trend for UBM Development AG'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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UBM Development AG Buildings And Improvements Chart

UBM Development AG Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Buildings And Improvements

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10.01

12.01

11.76

12.43

12.78

UBM Development AG Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Buildings And Improvements	Get a 7-Day Free Trial															12.43	-	-	-	12.78

UBM Development AG 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.

UBM Development AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » UBM Development AG (WBO:UBS) » Definitions » Buildings And Improvements

Traded in Other Exchanges

2U2:Germany

Address

Laaer-Berg-Strasse 43, Vienna, AUT, 1100

Website

https://www.ubm-development.com

UBM Development AG is a real estate development company focusing on developing, selling, and managing real estate. The company focuses on creating green and smart buildings, with a particular emphasis on timber construction projects in cities such as Vienna, Munich, Frankfurt, or Prague. Its project portfolio comprises properties across various categories, including commercial, day care, hotel, offices, residential, retail, serviced apartments, and others. In addition to real estate development, UBM is also active as a hotel lessee and is involved in hotel leasing and hotel management operations. The company generates substantial revenue through the sale of real estate projects. Geographically, it derives revenue from Austria, Germany, Poland, and other regions.