Typical Underperforming Assets Suitable for Corporate Barter
Every company has them – property that’s no longer useful, product lines that don’t fit the strategy, equipment that is obsolete, unmarketable or otherwise unwanted; basically, any assets that have lost much (or maybe all) of their market or perceived value.
It can be hard to acknowledge that a new business failed, the company plane no longer makes financial sense or a lease agreement has become a burden. But these are just the sort of assets that can form the basis for a successful barter transaction. The list is nearly endless, limited only by the imagination of the parties involved. Over the years, ICON has acquired or disposed of a wide variety of assets – often at their full book valueThe value of something as shown on bookkeeping records and as distinguished from market value; the value of an asset equal to cost less depreciation. – including:
More on Real-Estate Transactions
ICON can maximize recovery on problem real estate through the use of corporate barterThe creation of value by exchanging a client's unwanted or undervalued asset for the promise to purchase over a period of time from the corporate-barter company a defined set of goods and/or services, called fulfillment. (Sometimes mistakenly referred to as Corporate Trade.), offering flexible and customized solutions for both owned and leased properties. ICON acts as principal in such transactions taking fee-simple title on the assets acquired. Corporate barter creates the opportunity to receive the highest possible price for many real estate assets. Closing is quick, typically within 45 days. Visit our CFO Corner for transaction examples and standard accounting practices related to corporate barter and real estate.