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Related to Buy Florida Office Tower Popular with Finance Firms
2021-01-05 16:39:00| National Real Estate Investor
A Related affiliated agreed to buy the Phillips Point building in West Palm Beach for $282 million.
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Tower Products announces organizational changes
2020-12-16 15:30:06| Label and Narrow Web Breaking News
Frank Newman has joined the company, while Chas Gunderman, Dennis Johnson, and Mark Principato have all earned promotions.
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Omantels tower sale could generate around $500 million
2020-12-14 01:00:00| Total Telecom industry news
Rumours that Omantel was first looking to sell its tower infrastructure came in October, with the government-owned telco feeling the economic strain of the coronavirus, having seen a 28% drop in profit since the start of the financial year…read more on TotalTele.com »
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MTN Group plans sale and leaseback of part of South African tower portfolio
2020-12-10 09:57:00| Telecompaper Headlines
(Telecompaper) MTN Group is looking to sell and lease back part of its portfolio of 13,000 South African telecom towers, Bloomberg reported. It said this is a sign that new CEO Ralph Mupita seeks to build on a disposal plan begun by his predecessor. Mupita said MTN is considering the strategic and financial merits of the plan, which would build on similar transactions MTN has completed in countries such as Ghana and Uganda.
Cellnex acquires Hutchison's European tower unit for EUR 10 bln
2020-11-12 13:44:00| Telecompaper Headlines
(Telecompaper) Spanish infrastructure operator Cellnex has agreed to acquire the European tower business of CK Hutchison, parent company of mobile operator 3 Group, for a total consideration of EUR 10 billion, confirming recent reports. The transaction is the largest in the history of Cellnex, boosting its towers footprint by around 40 percent beyond 100,000 sites and allowing it to enter new markets including Austria, Denmark and Sweden while consolidating its foothold in Italy, the UK and Ireland.
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