The contractor has sold its share in the Bournemouth Library project to Equitix Education 2 Limited and the Greenwich Neighbourhood Resource Centres project to its co-investor Sanctuary Housing Association.
Kier built both projects and will continue to provide facilities management at both sites for the next 20 years.
Chief executive Paul Sheffield said: “Both of these projects are good examples of Kier providing a comprehensive and fully-integrated service to clients, with both our construction and facilities management businesses working well together.
“The sales continue our strategy of selectively realising the value of our PFI portfolio for subsequent re-investment in the Group.”