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Immobel (XBRU:IMMO) Buildings And Improvements : €0.0 Mil (As of Dec. 2023)


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What is Immobel Buildings And Improvements?


Immobel Buildings And Improvements Historical Data

The historical data trend for Immobel's Buildings 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.
* 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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Immobel Buildings And Improvements Chart

Immobel Annual Data
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Buildings And Improvements
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Immobel Semi-Annual Data
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Immobel Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction.  Broker and architect fees, permits, etc. can be covered within this category.  Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized.  Improvements are commonly recorded at acquisition cost.  Building improvement examples include roofing, remodeling, replacements, etc.


Immobel (XBRU:IMMO) Business Description

Industry
Traded in Other Exchanges
Address
Boulevard Anspach 1, Brussels, BEL, 1000
Immobel develops mixed real estate with a variety of functions such as living, working, shopping and leisure. Its projects portfolio includes residential, offices, and land banking. The company's real estate development is carried out in Belgium, Luxemburg, France, Germany, Poland, Spain, and United Kingdom.

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