FRInvestment property and Lease

This concerns the subsequent measurement of right-of-use asset: Under IFRS 16, a right-of-use asset is generally measured using the cost model (i.e. depreciated and any impairment losses recognised). IFRS permits the revaluation model if the right-of-use asset relates to a class of PPE (usually property) to which the entity applies the revaluation model. If a right-of-use asset meets the definition of an investment property, and the entity has other investment properties, the entity must apply the same model to the right-of-use asset as to other investment properties (cost or fair value model).