Builtasset
Builtasset refers to a physical structure or improvement that has been constructed on land. This category encompasses a wide range of creations, from residential homes and commercial buildings to infrastructure such as roads, bridges, and utilities. The term emphasizes the tangible nature of these assets, distinguishing them from intangible assets like intellectual property or financial investments.
The creation of a builtasset typically involves a complex process that includes planning, design, financing, and
Maintenance and upkeep are crucial for preserving the value and functionality of builtassets over their lifespan.