Fukuoka REIT (TSE:8968) Construction In Progress : 円19 Mil (As of Aug. 2023)

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What is Fukuoka REIT Construction In Progress?

Fukuoka REIT's quarterly construction in progress increased from Aug. 2022 (円18 Mil) to Feb. 2023 (円18 Mil) and increased from Feb. 2023 (円18 Mil) to Aug. 2023 (円19 Mil).

Fukuoka REIT's annual construction in progress declined from Aug. 2021 (円480 Mil) to Aug. 2022 (円18 Mil) but then increased from Aug. 2022 (円18 Mil) to Aug. 2023 (円19 Mil).

Fukuoka REIT Construction In Progress Historical Data

The historical data trend for Fukuoka 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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Fukuoka REIT Construction In Progress Chart

Fukuoka REIT Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Construction In Progress

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15.16

18.32

480.00

17.93

19.19

Fukuoka REIT Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Construction In Progress	Get a 7-Day Free Trial															510.61	17.93	18.22	19.19	-

Fukuoka 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.

Fukuoka REIT (TSE:8968) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Fukuoka REIT Corp (TSE:8968) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-2-25 Sumiyoshi, Hakata, Fukuoka, JPN, 812-0018

Website

http://www.fukuoka-reit.jp

Fukuoka REIT Corp is an REIT based in Japan. The company manages a portfolio with a focus on entertainment retail facilities and office buildings in the Fukuoka metropolitan area and other neighbouring areas in the Kyushu region. Fukuoka REIT's asset manager, Fukuoka Realty, provides real estate management, acquisition, arrangement of new property, fundraising, and other operations under contracts. The firm diversifies in retail, office buildings, and other types of property, including residences, hotels, logistics facilities, and public and other facilities. Retail property represents more than half of the portfolio assets.

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