Accounting Rule: Investment Property (IFRS)
CFA Level I Glossary
Investment property is real estate held to earn rentals or for capital appreciation, not for the company’s own use. IFRS lets firms use a fair-value model for these assets, and fair-value changes generally flow through profit and loss. Do not confuse this with PPE used in operations, which is usually measured under the cost or revaluation models for owner-occupied assets. Exam vignettes often swap labels to push you toward the wrong measurement model.
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