Texton Property Fund (JSE:TEX) Construction In Progress : R0.0 Mil (As of Dec. 2024)

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What is Texton Property Fund Construction In Progress?

Texton Property Fund Construction In Progress Historical Data

The historical data trend for Texton 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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Texton Property Fund Construction In Progress Chart

Texton Property Fund Annual Data

Trend

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Construction In Progress

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Texton Property Fund Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
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Texton 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.

Texton Property Fund Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

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Address

151 Katherine Street, Block D, Vunani Office Park, Sandton, Johannesburg, GT, ZAF, 2031

Website

https://www.texton.co.za

Texton Property Fund Ltd is a property investment fund. It invests directly in income-producing office properties that offer attractive income and capital appreciation. The overall objective of the fund is to grow its asset base, by investing in well priced, income and quality enhancing investment properties to optimize returns over time for shareholders. It holds an interest in properties such as Alrode industrial park, Babcock House, Bawtry 270, Belvedere place, Bonmarche and Poundland, Bryanston gate office park, and many others. The Group has three reportable segments: SA direct property, which derives maximum revenue; UK direct property; and International investments. Direct property investments are split into office, retail and industrial.