NIPPON REIT Investment (TSE:3296) Construction In Progress : 円12 Mil (As of Dec. 2023)

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What is NIPPON REIT Investment Construction In Progress?

NIPPON REIT Investment's quarterly construction in progress increased from Dec. 2022 (円0 Mil) to Jun. 2023 (円11 Mil) and increased from Jun. 2023 (円11 Mil) to Dec. 2023 (円12 Mil).

NIPPON REIT Investment's annual construction in progress declined from Dec. 2021 (円10 Mil) to Dec. 2022 (円0 Mil) but then increased from Dec. 2022 (円0 Mil) to Dec. 2023 (円12 Mil).

NIPPON REIT Investment Construction In Progress Historical Data

The historical data trend for NIPPON REIT Investment'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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NIPPON REIT Investment Construction In Progress Chart

NIPPON REIT Investment Annual Data

Trend

Jun14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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14.48

10.16

10.20

11.90

NIPPON REIT Investment Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Construction In Progress	Get a 7-Day Free Trial															10.20	10.20	-	11.45	11.90

NIPPON REIT Investment 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.

NIPPON REIT Investment (TSE:3296) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » NIPPON REIT Investment Corp (TSE:3296) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 17 No. 18 Shinkawa, Chuo-ku, Tokyo-chome, JPN

Website

http://www.nippon-reit.com

NIPPON REIT Investment Corp is engaged in the property leasing business. The company manages assets by investing the funds paid in by the unitholders primarily in real estate-related assets. The company develops a portfolio of properties focused on income growth and stability, aiming to maximize unitholder value.

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