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Region Group (ASX:RGN) Construction In Progress : A$0.0 Mil (As of Dec. 2023)


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What is Region Group Construction In Progress?

Region Group Construction In Progress Historical Data

The historical data trend for Region Group'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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Region Group Construction In Progress Chart

Region Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Construction In Progress
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Region Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Region Group 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.

Region Group (ASX:RGN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Region Group (ASX:RGN) » Definitions » Construction In Progress
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Traded in Other Exchanges
SCPAF:USA
Address
50 Pitt Street, Level 6, Sydney, NSW, AUS, 2000
Website
https://www.regiongroup.au
Region Group owns a portfolio of smaller shopping centres. About half of rental income comes from anchor tenants, typically Woolworths or Coles businesses, or in some cases discount department stores. The assets are mostly in regional or suburban areas of Australia, and the group divested its New Zealand assets in 2016. The portfolio assets are neighbourhood (about 75% by value) and subregional shopping centres (25%). It also has a small amount of income from funds management.

Region Group (ASX:RGN) Headlines

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