Where I am a lessee in an operating lease for a property and I also lease out the property. I understand that I have the option of accounting for it under IAS 40. However, a significant portion of my lease payments are contingent on revenue (3.5% of revenue generated). Do I still hav...
I am a bit confuse. The company owns a office park with 3 stand-alone buildings. One building is use by them as there head office and the other 2 are rented out under a operating lease. Can this whole land be classified as joint use property or can I say the head office is ppe-ow...
A building owned by the entity and leased out under one or more operating leases. This includes a building that is still vacant, but you plan to lease it out. Any property that you actually construct or develop for future use as investment property. ...