If you have a mobile phone mast on your property, you probably receive rent on a monthly or perhaps yearly basis. APWireless is simply buying the right to receive your rent for a specific amount of time, after which you resume collecting rent. This transaction is known as a lease premium.

The amount of the lease premium depends on the rent being received, the telecoms operators on your property, the terms of the lease agreement, the location, the duration of the lease period, and a number of other variables that make up our risk assessment.

This depends of course on how you choose to use or invest the money and whether the telecoms operator seeks a rent reduction or if the lease agreement is eventually terminated. Even if your mobile phone mast rent continues unchanged, the cash flow associated with your phone mast lease will be distributed in small increments over a long period. In most cases, the comparison between receiving a lump sum amount today versus collecting smaller and uncertain incremental payments over a long-term period is the key decision point.

You are free to sell your property without any restrictions and keep the money you received from the mobile phone mast lease premium in its entirety. Since the lease premium transaction is recorded with the local land registry, our contract remains valid and transfers to the new property owner, along with any rents associated with the phone mast site after the APWireless lease premium period is over.

APWireless is building a global portfolio of site leases, and is therefore able to spread the risks across thousands of mobile phone mast sites. With its growing portfolio, APWireless generates revenue by collecting rent from mobile phone masts around the world and isn’t dependent on any one site.

Depending on the language in your lease agreement, operators can terminate the lease for many reasons, typically on between 3 and 12 months’ notice.

The lease premium process is straightforward, but how long it takes is largely dependent on how quickly you are able to provide the required documentation and whether there are any securities or mortgages on the property. Once we receive a valid, signed agreement from you, we will typically transfer the monies on completion. APWireless is wholly-owned and funded by Associated Partners, LP and KKR & Co., LP, one of the world’s leading private equity funds, with approximately $148 billion in assets under management.

After the lease premium transaction has closed and you have received your funds, we notify the telecoms operator(s) of the change of landlord. From that day forward until the end of the APWireless lease premium period, we deal with the telecoms operator(s) regarding financial management of the phone mast site. We will also coordinate with you if a site visit or major works are planned, or if additional operators show interest in coming on to your property.