Swiss Life Asset Managers has acquired a major stake in Telecom Infrastructure Partners (TIP), elevating the manager to co-controller of the global lease aggregator of telecom sites, alongside InfraBridge.

Established in 2021 and headquartered in London, TIP operates within the global lease aggregation market, targeting telecom sites predominantly across Europe and Latin America. TIP’s business model is focused on the acquisition of triple net lease agreements from individual landlords, granting the company long-term revenue streams for periods of 30 to 50 years. 

Gianfranco Saladino, head of value-add infrastructure at Swiss Life Asset Managers said: “We are excited to partner with InfraBridge to support TIP during its next major growth phase. The North American example has shown the true potential of land lease aggregation, and we are thrilled to work with our partners, as well as with Eric Overman and his team, to fast-track TIP’s global expansion.”

Damian Stanley, managing partner at InfraBridge, said: “Since we led the establishment of TIP in 2021, we have supported TIP’s rapid scale-up in Europe and Latin America to a fast-growing lease aggregator with over 850 leases and significant backlog.

”This transaction is testament to our belief in the company’s potential and attractive position in the market, and we are delighted to partner with Swiss Life Asset Managers to fuel TIP’s growth further.”

Eric Overman, founding partner and CEO at TIP, added: “We are excited to welcome Swiss Life Asset Managers as a key shareholder alongside InfraBridge. This new investment recognises TIP’s growth over the last two years and will support our ambitions for TIP to be a global leader in the telecom site lease market.”

To read the latest IPE Real Assets magazine click here.