text: **5.** **Investment Properties**
  
  The Company has used the following hierarchy for determining the fair value measurement of its investment properties and IPUC: 
  
  Level 1: Quoted (unadjusted) prices in active markets for identical assets or liabilities. 
  
  Level 2: Other techniques for which all inputs that have a significant effect on the recorded fair value are observable, either directly or 
  indirectly. 
  
  Level 3: Techniques which use inputs that have significant effect on the recorded fair value that are not based on observable market data. 