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General

AT&T completes sale of NYC office space for USD 2.2 bln

Monday 17 June 2019 | 09:01 CET | News
AT&T's WarnerMedia has completed the sale-leaseback of its premises at 30 Hudson Yards in New York City to a consortium for about USD 2.2 billion. The initial agreement for the deal was signed in April. WWarnerMedia's lease at 30 Hudson Yards will run through early 2034. AT&T said it will use the money raised, along the planned sale of other non-core assets, to reduce its debt.

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Categories: General
Companies: AT&T
Countries: United States
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