3. Investment property
The investment property is made up as follows:
2020 | 2019 | |
Investment property as at 1 January | 7,818 | 7,024 |
Acquisitions | - | - |
Capital expenditure on owned property | 78 | 157 |
Transfer from property under construction | 85 | 101 |
Property sales | (61) | (240) |
Right of use assets (land leases) | 26 | 127 |
Revaluation | 267 | 649 |
Investment property as at 31 December | 8,213 | 7,818 |