Mitsubishi Estate Logistics REIT Investment (TSE:3481) Construction In Progress: 円19 Mil (As of Feb. 2026)


TSE:3481 Mitsubishi Estate Logistics REIT Investment Corp TSE:3481
74 GF Score
Price 円119,300.00
GF Value 円132,705.92
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Mitsubishi Estate Logistics REIT Investment Construction In Progress?

Mitsubishi Estate Logistics REIT Investment TSE:3481 +0.42% 74 Construction In Progress is 円19 Mil as of Feb. 2026. GuruFocus rates TSE:3481 with a GF Score™ of 74/100 and a GF Value™ of 円132,705.92 (Modestly Undervalued). The stock has 6 warning signs investors should review.

Mitsubishi Estate Logistics REIT Investment's quarterly construction in progress stayed the same from Feb. 2025 (円0 Mil) to Aug. 2025 (円0 Mil) but then increased from Aug. 2025 (円0 Mil) to Feb. 2026 (円19 Mil).

Mitsubishi Estate Logistics REIT Investment Construction In Progress Historical Data

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The historical data trend for Mitsubishi Estate Logistics 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.

Mitsubishi Estate Logistics REIT Investment Construction In Progress Chart

Mitsubishi Estate Logistics REIT Investment Annual Data
Trend Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Construction In Progress
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Mitsubishi Estate Logistics REIT Investment Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 19.38
TSE:3481
74GF Score
Mitsubishi Estate Logistics REIT Investment Corp TSE:3481
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Mitsubishi Estate Logistics 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.

What does a Construction In Progress of 円19 Mil mean?
Mitsubishi Estate Logistics REIT Investment (TSE:3481) has a Construction In Progress of 円19 Mil as of Feb. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Mitsubishi Estate Logistics REIT Investment and its competitors.
Is Mitsubishi Estate Logistics REIT Investment's Construction In Progress too high?
Mitsubishi Estate Logistics REIT Investment's current Construction In Progress is 円19 Mil. Overall, Mitsubishi Estate Logistics REIT Investment has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mitsubishi Estate Logistics REIT Investment's Construction In Progress compare to PLD and PSA?
Mitsubishi Estate Logistics REIT Investment's Construction In Progress of 円19 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for a REITs company?
A good Construction In Progress depends on the REITs industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on Mitsubishi Estate Logistics REIT Investment and its competitors. Mitsubishi Estate Logistics REIT Investment's current Construction In Progress is 円19 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitsubishi Estate Logistics REIT Investment stock overvalued right now?
Based on GuruFocus' analysis, Mitsubishi Estate Logistics REIT Investment (TSE:3481) is currently considered Modestly Undervalued. The stock's GF Value™ is 円132,705.92, compared to a current price of 円119,300.00 — trading 10.1% below its estimated fair value. The current Construction In Progress is 円19 Mil. Mitsubishi Estate Logistics REIT Investment's overall GF Score™ is 74/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For Mitsubishi Estate Logistics REIT Investment (TSE:3481), the current Construction In Progress is 円19 Mil as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Mitsubishi Estate Logistics REIT Investment (TSE:3481) Overvalued in 2026?

Based on GuruFocus' analysis, Mitsubishi Estate Logistics REIT Investment stock appears to be undervalued. The current stock price of 円119,300.00 is trading 10.1% below its estimated GF Value™ of 円132,705.92. GuruFocus considers Mitsubishi Estate Logistics REIT Investment to be Modestly Undervalued.

Key valuation signals for TSE:3481:

  • Construction In Progress: 円19 Mil
  • GF Value™: 円132,705.92 vs. price of 円119,300.00 (10.1% below fair value)
  • GF Score™: 74/100 with 6 warning signs

No single metric tells the full story. See the TSE:3481 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Mitsubishi Estate Logistics REIT Investment Business Description

Industry Real EstateREITs
Address 1-6-5 Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-0005
Mitsubishi Estate Logistics REIT Investment Corp operates as a real estate investment trust with logistics facilities as its main investment target. Its portfolio consists of eight properties, mainly located in the Tokyo metropolitan area.
74GF Score

Get the complete analysis for TSE:3481

Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円119,300.00
Price
円132,705.92
GF Value