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investment properties

A Dictionary of Finance and Banking,  January, 1997  

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> investment properties Properties owned by a company that holds investments as part of its business, such as an investment trust or a property-investment company. Investment properties may also include properties owned by a company whose main business is not the holding of investments. Such properties are strictly defined by Statement of Standard Accounting Practice 19, ‘Accounting for Investment Properties’, as being an interest in land and/or buildings;(1) in respect of which construction work and development have been completed; and(2) that is held for its ...

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