PPPs also mean divestiture of publicly owned assets as part of or as the final result of privatization. Frequently referred to as "monetizing assets", the public entity may elect to sell part or all of property or building or other assets to fund construction of infrastructure projects. In many instances, this takes the burden of maintaining a "white elephant", off taxpayers, allowing the private entity to develop and maintain it while providing tax revenue from the newly redeveloped asset to the taxpayers.
Selling assets may result in improved property values for the neighbors as well as a new/improved asset to be enjoyed by the entire community. An in-kind "trade", could also be considered as a divestiture.