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Alwaha REIT Fund (SAU:9300) Construction In Progress : ﷼0.00 Mil (As of Jun. 2024)


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What is Alwaha REIT Fund Construction In Progress?

Alwaha REIT Fund Construction In Progress Historical Data

The historical data trend for Alwaha REIT 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.
* 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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Alwaha REIT Fund Construction In Progress Chart

Alwaha REIT Fund Annual Data
Trend Dec23
Construction In Progress
-

Alwaha REIT Fund Semi-Annual Data
Dec23 Jun24
Construction In Progress - -

Alwaha REIT 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.

Alwaha REIT Fund Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Alwaha REIT Fund (SAU:9300) » Definitions » Construction In Progress
Comparable Companies
SAU:4337 SAU:4335 SAU:4336 SAU:4333 SAU:4334 SAU:4339 SAU:4348 SAU:4338 VICI BSP:HSRE11 WPC ASX:SGP XPAR:COV LSE:LAND ASX:GPT ASX:MGR BSP:RCFF11 LSE:UTG LSE:BLND MEX:FUNO11
Traded in Other Exchanges
N/A
Address
Street Al Olaya, Building No. 7459, Secondary No. 2207, Al Muruj District, Riyadh, SAU, 12283
Website
https://www.wasatah.com.sa
Alwaha REIT Fund is a closed-ended sharia-compliant real estate investment traded fund. The investment objective of the Fund is to invest in structurally developed real estate properties, capable of achieving periodic and rental income, and to distribute a percentage not less than 90% of the annual net profits of the Fund as cash dividends to the unitholders during the period of the Fund.

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