Accelerate Property Fund (JSE:APF) Construction In Progress : R0.0 Mil (As of Mar. 2024)

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What is Accelerate Property Fund Construction In Progress?

Accelerate Property Fund Construction In Progress Historical Data

The historical data trend for Accelerate Property Fund's Construction In Progress 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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Accelerate Property Fund Construction In Progress Chart

Accelerate Property Fund Annual Data

Trend

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Construction In Progress

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Accelerate Property Fund Semi-Annual Data
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Accelerate Property Fund Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Accelerate Property Fund Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Accelerate Property Fund Ltd (JSE:APF) » Definitions » Construction In Progress

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Address

1st Floor, Corner Willow Avenue and Cedar Road, Cedar Square Shopping Centre, Management Office, Fourways, Johannesburg, GT, ZAF, 2055

Website

https://www.acceleratepf.co.za

Accelerate Property Fund Ltd is a retail-focused property fund. It functions through three operating segments. The industrial segment acquires, develops, and leases warehouses and factories. The retail segment acquires, develops, and leases shopping malls, community centers as well as retail centers. European single-tenant segment acquires develops and leases single-tenant space backed by long-term leases. Out of which Retail segment is a key revenue driver. Geographically, it has a presence in South Africa, Austria, and Slovakia, out of which the majority of its revenue is generated from South Africa.

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