Advance Residence Investment (TSE:3269) Construction In Progress : 円74 Mil (As of Jan. 2023)

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What is Advance Residence Investment Construction In Progress?

Advance Residence Investment's quarterly construction in progress increased from Jan. 2022 (円151 Mil) to Jul. 2022 (円295 Mil) but then declined from Jul. 2022 (円295 Mil) to Jan. 2023 (円74 Mil).

Advance Residence Investment's annual construction in progress increased from Jul. 2019 (円0 Mil) to Jul. 2020 (円85 Mil) and increased from Jul. 2020 (円85 Mil) to Jul. 2021 (円257 Mil).

Advance Residence Investment Construction In Progress Historical Data

The historical data trend for Advance Residence Investment'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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Advance Residence Investment Construction In Progress Chart

Advance Residence Investment Annual Data

Trend

Jul12

Jul13

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Construction In Progress

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31.38

51.17

84.87

256.88

Advance Residence Investment Semi-Annual Data
	Jan14	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jan24
Construction In Progress	Get a 7-Day Free Trial															256.88	151.47	294.51	74.49	-

Advance Residence Investment 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.

Advance Residence Investment (TSE:3269) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Advance Residence Investment Corp (TSE:3269) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-26 Kanda-Nishikicho, Chiyoda Ward, Tokyo, JPN, 101-0054

Website

http://www.adr-reit.com

Advance Residence Investment Corp is a real estate investment trust that engaged in the property leasing business. It was created through consolidation type merger between the former Advance Residence Investment Corporation and Nippon Residential Investment Corporation. In order to secure stable earnings and steady growth in assets under management, the company procures funds through loans, issuance of investment corporation bonds, issuance of units, and other means of financing for purchasing real estate properties and repaying its debts. The company primarily invests in residential real estate properties located in central Tokyo, and the Tokyo metropolitan area.

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