Tokyu Reit (Tokyu Reit) Construction In Progress : $1.6 Mil (As of Jul. 2023)

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What is Tokyu Reit Construction In Progress?

Tokyu Reit's quarterly construction in progress increased from Jul. 2022 ($1.6 Mil) to Jan. 2023 ($1.7 Mil) but then declined from Jan. 2023 ($1.7 Mil) to Jul. 2023 ($1.6 Mil).

Tokyu Reit's annual construction in progress declined from Jul. 2021 ($3.2 Mil) to Jul. 2022 ($1.6 Mil) and declined from Jul. 2022 ($1.6 Mil) to Jul. 2023 ($1.6 Mil).

Tokyu Reit Construction In Progress Historical Data

The historical data trend for Tokyu Reit'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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Tokyu Reit Construction In Progress Chart

Tokyu Reit Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Construction In Progress

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2.95

2.90

3.23

1.64

Tokyu Reit Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Construction In Progress	Get a 7-Day Free Trial															6.70	1.64	1.74	1.64	-

Tokyu Reit 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.

Tokyu Reit (Tokyu Reit) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Tokyu Reit Inc (OTCPK:TKURF) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

8957:Japan

Address

1-12-1, Dogenzaka, Tokyo, JPN

Website

http://www.tokyu-reit.co.jp

Tokyu Reit Inc is a Japanese real estate company. It is engaged in asset investment and management based on principles of growth, stability, and transparency. The company invests predominantly in retail and office properties located in Chiyoda, Chuo, Minato, Shinjuku and Shibuya wards. It also conducts replacement of properties and other measures as needed in order to maintain and improve the portfolio quality, aiming to enhance its asset value and increase net income per unit.

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