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Fairvest (JSE:FTA) Construction In Progress : R0 Mil (As of Sep. 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 Sep24
Construction In Progress
- - -

Fairvest Semi-Annual Data
Jun21 Mar23 Sep23 Mar24 Sep24
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 Business Description

Industry
Traded in Other Exchanges
Address
1 Sturdee Avenue, Rosebank, 3rd Floor, Upper Building, Johannesburg, GT, ZAF, 2196
Fairvest Ltd is a diversified real estate investment trust investing in the quality retail asset. The fairvest property portfolio consists of properties across South Africa. It has three operating segments Office, Industrial and Retail. The majority is from the Retail segment. Geographically, it is located in South Africa but its geographic segments ranges in Gauteng, Western Cape, KwaZuluNatal, Eastern Cape, Limpopo, Mpumalanga, North West Northern Cape,Free State and Other. The key revenue here is observed in the western cape region.

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