Grounds Real Estate Development AG (FRA:AMM) Buildings And Improvements : €0.45 Mil (As of Dec. 2024)

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What is Grounds Real Estate Development AG Buildings And Improvements?

Grounds Real Estate Development AG's quarterly buildings and improvements stayed the same from Dec. 2023 (€0.00 Mil) to Jun. 2024 (€0.00 Mil) but then increased from Jun. 2024 (€0.00 Mil) to Dec. 2024 (€0.45 Mil).

Grounds Real Estate Development AG's annual buildings and improvements declined from Dec. 2022 (€0.45 Mil) to Dec. 2023 (€0.00 Mil) but then increased from Dec. 2023 (€0.00 Mil) to Dec. 2024 (€0.45 Mil).

Grounds Real Estate Development AG Buildings And Improvements Historical Data

The historical data trend for Grounds Real Estate 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.
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Grounds Real Estate Development AG Buildings And Improvements Chart

Grounds Real Estate Development AG Annual Data

Trend

Dec15

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Dec24

Buildings And Improvements

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0.45

Grounds Real Estate Development AG Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Buildings And Improvements	Get a 7-Day Free Trial															0.45	-	-	-	0.45

Grounds Real Estate 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.

Grounds Real Estate Development AG Business Description

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AMM:Germany

Address

Charlottenstrasse 79-80, Berlin, BB, DEU, 10117

Website

https://www.thegroundsag.com

Grounds Real Estate Development AG carries out housing projects in German metropolitan regions. Its business activities cover three core areas, including the company's plan to establish its property portfolio for long-term rental income, which is referred to as the portfolio management business. the company also works to develop the existing properties and sell them as part-ownership, known as the privatization business. Additionally, planning to construct new housing and sell it to institutional investors, capital investors, and owner-occupiers. This is referred to as the project development business. The group's primary sources of income are the construction work on project developments, privatization income, and rental income from existing properties.