5G LLC, a provider of connectivity technology solutions for the real estate industry, has signed an exclusive agreement with UBS Asset Management’s Real Estate & Private Markets business to connect rooftops in commercial properties owned by the business with leading 5G networks in the United States.
“5G LLC is delighted to be working with UBS in the United States to enable new rooftop lease revenue in a high-growth market and help manage it as a long-term asset,” said Rick Varnell, managing director of 5G LLC. “Demand is growing considerably for rooftop connectivity for 5G and other emerging real estate property technologies.”
“UBS is always looking for new revenue and growth opportunities to maximize building investment portfolios,” said Vasilios Diakogeorgiou, head of strategic initiatives, UBS Asset Management. “Working with 5G LLC will enable us to optimize our rooftop revenue strategies. 5G LLC will manage operational complexity related to rooftop connectivity for our portfolio of properties at scale and manage demand-side engagement with all major carriers in the United States.”
5G LLC is working with thousands of portfolio managers and all major network operators in the United States to quickly deploy and expand 5G connectivity.
