What is Investment Property?

Distinguish Investment Property and

Property, Plant and Equipment.
Investment property is a property held to earn rentals or for capital
appreciation or both. Just like PPE, it is also a tangible asset but
equipment and those immovable assets can't be classified as this,
only land and buildings can be qualified as investment property. Also,
compared to PPE, this can't be used in the production or supply of
goods or services and administrative purposes, as well as in sale in
the ordinary course of business. Investment property is mainly used
for rent and investment purposes in order to earn gains and additional
money for business.
Some examples of this are land held for long term capital,
buildings owned by the reporting entity and leased out under an
operating lease, buildings held by a parent and leased to a
subsidiary, and property that is being constructed or developed for
future use as an investment property.