Keel Infrastructure KEEL Proceeds From Sale Of Buildings
Proceeds From Sale Of Buildings at other companies
Other financials
Where this comes from
Reported directly by Keel Infrastructure in its filing.
Tagged under the XBRL concept us-gaap:ProceedsFromSaleOfBuildings.
The source filing: Keel Infrastructure’s 10-K, filed March 31, 2026.
- Filed
- Mar 31, 2026, 4:31 PM EDT
- Fiscal year
- FY2026
- Accession
- 0001213900-26-037514
In March 2024, the Company sold its Garlock building in Sherbrooke, Québec, Canada for $1,695 and immediately leased it back for 10 years. Since the lease agreement included a substantive repurchase option of the building in the form of a call option, the Company has not transferred the control of the asset to the buyer, and the transaction does not qualify as a sale. Accordingly, it is accounted for as a financing arrangement for the proceeds received from the buyer, and the building continues to be recognized as property, plant and equipment of the Company.
ITEM 7A - QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK
FAQ
- What is Keel Infrastructure's proceeds from sale of buildings?
- Keel Infrastructure (KEEL) reported proceeds from sale of buildings of $1.7M in Q1 2024.
- What does proceeds from sale of buildings mean?
- Cash inflows generated from the divestiture of real estate assets or physical infrastructure. This metric indicates the company's strategy regarding asset optimization or the liquidation of non-core property. It provides insight into capital recycling efforts.
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