The city of Leeds sold some buildings and used the proceeds to improve its financial position.The city then leased the buildings back in order to continue to use these facilities.This is an example of:

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This situation describes a sale and leaseback transaction, which involves the sale of an asset (buildings, in this case) with the subsequent leasing of the same asset from the buyer (in this case, the city of Leeds leased back the buildings they sold). This type of lease is often used to improve a company's liquidity or financial position, as it allows them to free up capital tied up in the asset while still being able to use it.

The City of Leeds Sold Some Buildings and Used the Proceeds