Nippon Building Fund (Nippon Building Fund) Construction In Progress : $0.0 Mil (As of Dec. 2023)

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What is Nippon Building Fund Construction In Progress?

Nippon Building Fund's quarterly construction in progress declined from Dec. 2022 ($8.5 Mil) to Jun. 2023 ($8.2 Mil) and declined from Jun. 2023 ($8.2 Mil) to Dec. 2023 ($0.0 Mil).

Nippon Building Fund's annual construction in progress declined from Dec. 2021 ($12.3 Mil) to Dec. 2022 ($8.5 Mil) and declined from Dec. 2022 ($8.5 Mil) to Dec. 2023 ($0.0 Mil).

Nippon Building Fund Construction In Progress Historical Data

The historical data trend for Nippon Building Fund'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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Nippon Building Fund Construction In Progress Chart

Nippon Building Fund Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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16.74

12.25

8.53

Nippon Building Fund Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Construction In Progress	Get a 7-Day Free Trial															12.25	9.45	8.53	8.16	-

Nippon Building Fund 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.

Nippon Building Fund (Nippon Building Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Nippon Building Fund Inc (OTCPK:NBFJF) » Definitions » Construction In Progress

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Traded in Other Exchanges

8951:Japan

Address

38th Floor, GranTokyo North Tower, 9-1, Marunouchi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-6738

Website

http://www.nbf-m.com

Nippon Building Fund Inc is a Japanese real estate investment trust engaged in the acquisition, ownership, and leasing of properties in the Greater Tokyo area. The company's real estate portfolio is primarily comprised of large corporate office buildings. The majority of these are located in the five wards of Tokyo's central business district. Office space located throughout the rest of Tokyo also makes up a substantial percentage of Nippon Building Fund's assets. The company derives the majority of its income in the form of rental revenue from tenants. Nippon Building Fund's largest customers are firms from the service, electrical equipment, and information and communications industries in terms of square footage used.