finance lease

It could be either of those interpretations But lessor accounting is not within the F7 syllabus so it's more likely talking about a lessee that acquires a building under a finance lease Having said that, a finance lease on a building is not likely an investment property in the lessee's intentions You'll need to give me substantially more context for me to be definitive!

it is said that Examples of investment property include: a)A building owned by the reporting entity (or held by the entity under a finance lease) and leased out under an operating lease a building held b the entity under finance lease should not be recognised under non current asset in the SOFP? why it is said above that that building is investment property?

"a building held b the entity under finance lease should not be recognised under non current asset in the SOFP? why it is said above that that building is investment property?" - this quotation is either incorrect or it has been taken out of context! "a)A building owned by the reporting entity (or held by the entity under a finance lease) and leased out under an operating lease" - these are examples of an investment property. A building that is owned (or held under a finance lease) and re-leased under an operating lease MAY be classified as an investment property Your original post ... "there is a sentence : A building held by the entity under finance lease is an investment property" is incorrect and has successfully unnecessarily wasted my time!