Grounds Real Estate Development AG (FRA:AMM) Land And Improvements : €0.00 Mil (As of Dec. 2024)

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What is Grounds Real Estate Development AG Land And Improvements?

Grounds Real Estate Development AG's land and improvements for the quarter that ended in Dec. 2024 was €0.00 Mil.

Grounds Real Estate Development AG Land And Improvements Historical Data

The historical data trend for Grounds Real Estate Development AG's Land And Improvements 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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Grounds Real Estate Development AG Land And Improvements Chart

Grounds Real Estate Development AG Annual Data

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Land And Improvements

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Grounds Real Estate Development AG Semi-Annual Data
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Grounds Real Estate Development AG Land And Improvements Calculation

Land is the surface or crust of the earth, which can be used to support structures, and may be used to grow crops, grass, shrubs, and trees. Land is characterized as having an unlimited life (indefinite). Land improvement is a long-term asset which indicates the cost of the constructed improvements to land, such as driveways, walkways, lighting, and parking lots.

Grounds Real Estate Development AG Business Description

Industry

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AMM:Germany

Address

Charlottenstrasse 79-80, Berlin, BB, DEU, 10117

Website

https://www.thegroundsag.com

Grounds Real Estate Development AG carries out housing projects in German metropolitan regions and urban areas. Its business activities cover three core areas such as the company is planning to establish its property portfolio for long-term rental income, which is referred to as the portfolio management business. They also aim to develop the existing properties and sell them as part-ownership, known as the privatization business. Additionally, they plan to construct new housing and sell it to institutional investors, capital investors, and owner-occupiers. This is referred to as the project development business. The group's primary sources of income are the construction work on project developments, privatization income and rental income from existing properties.