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AT&T, Reign Capital
AT&T secures $850 million from sale-leaseback of real estate to Reign Capital
AT&T said on Friday it has secured $850 million through the sale-leaseback of its underused central office facilities that house its legacy copper networks to real estate development firm Reign Capital.
AT&T Completes $850M Sale-Leaseback Deal with Reign Capital
As part of its legacy network transformation, AT&T has completed a structured sale-leaseback of underutilized central office facilities with private real estate development firm Reign Capital. The transaction,
AT&T strikes $850 million property deal with Reign Capital
AT&T (NYSE:T) on Friday announced a sale-leaseback agreement with Reign Capital, a private developer. The deal, which involves 74 of AT&T's less utilized properties across the U.S., will generate $850 million in cash for the telecommunications company.
AT&T Secures $850M In 13M SF Sale-Leaseback With Reign Capital
The telecommunications giant sold 74 outdated properties while retaining control over any redevelopment plans.
AT&T Announces Structured Sale-Leaseback of Real Estate to Development Firm Reign Capital
Unlocks value in company-owned properties originally constructed for legacy network equipment AT&T realizes more than $850 million in upfront cash proceeds from the asset transfer of 74 properties located across the country Unique deal structure preserves the necessary infrastructure requirements to keep the network running smoothly,
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AT&T nets $850M from sale-leaseback of massive portfolio
Reign Capital is taking ownership of dozens of facilities that house equipment for the telecommunications company’s outdated ...
Dallas Innovates
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Dallas-Based AT&T Sells 74 ‘Stranded’ Office Properties Across U.S. for Over $850M
Dallas-based telecom giant AT&T said it has secured $850 million from its sale-leaseback of 74 underused central office ...
Datacenter Dynamics
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AT&T signs $850m sale-leaseback deal for 74 copper network Central Offices
AT&T has completed a sale-leaseback of underutilized central office facilities with private real estate development firm ...
2d
AT&T Gains $850M in Cash From Sale-Leaseback Deal for 74 Properties
AT&T said it cut a sale-leaseback deal with private developer Reign Capital, generating $850 million in cash for 74 of the telecommunications giant's underused properties across the U.S.
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