Daiwa Office Investment (TSE:8976) Construction In Progress : 円2,381 Mil (As of Nov. 2023)

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What is Daiwa Office Investment Construction In Progress?

Daiwa Office Investment's quarterly construction in progress increased from Nov. 2022 (円907 Mil) to May. 2023 (円913 Mil) and increased from May. 2023 (円913 Mil) to Nov. 2023 (円2,381 Mil).

Daiwa Office Investment's annual construction in progress increased from Nov. 2020 (円38 Mil) to Nov. 2021 (円235 Mil) and increased from Nov. 2021 (円235 Mil) to Nov. 2022 (円907 Mil).

Daiwa Office Investment Construction In Progress Historical Data

The historical data trend for Daiwa Office 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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Daiwa Office Investment Construction In Progress Chart

Daiwa Office Investment Annual Data

Trend

Nov13

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Construction In Progress

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425.48

58.02

38.00

234.74

906.87

Daiwa Office Investment Semi-Annual Data
	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Construction In Progress	Get a 7-Day Free Trial															234.74	850.17	906.87	912.79	2,381.33

Daiwa Office 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.

Daiwa Office Investment (TSE:8976) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Daiwa Office Investment Corp (TSE:8976) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

6-2-1 Ginza, Chuo-ku, Tokyo, JPN

Website

https://www.daiwa-office.co.jp

Daiwa Office Investment Corp is a real estate investment trust focused on acquiring, managing, and leasing office properties located in the Five Central Wards of Tokyo. The vast majority of the company's real estate portfolio is composed of office buildings fairly evenly distributed between Tokyo's Five Central Wards in terms of total value. Daiwa derives nearly all of its income in the form of rental revenue from leasing its properties. The firm has a varied tenant base from a number of industries, including the entertainment, retail, insurance, and food and beverage companies.

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