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Fairvest (JSE:FTA) Construction In Progress : R0 Mil (As of Mar. 2024)


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What is Fairvest Construction In Progress?


Fairvest Construction In Progress Historical Data

The historical data trend for Fairvest'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.
* 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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Fairvest Construction In Progress Chart

Fairvest Annual Data
Trend Jun21 Sep23
Construction In Progress
- -

Fairvest Semi-Annual Data
Jun21 Mar23 Sep23 Mar24
Construction In Progress - - - -

Fairvest 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.


Fairvest (JSE:FTA) Business Description

Industry
Traded in Other Exchanges
Address
34 Bree Street, 8th Floor, The Terraces, Cape Town, WC, ZAF, 8001
Fairvest Ltd is a real estate investment trust investing in the quality retail asset. The fairvest property portfolio consists of properties across South Africa. It has five operating segments Office, Industrial, Retail, Residential & Overhead. The majority is from the Retail segment. Geographically, it is located in South Africa.

Fairvest (JSE:FTA) Headlines