Zayo Group plans to split into two companies, with one becoming a telecom REIT if the conversion is permitted by the IRS. Referred to as InfraCo, the REIT would be "straightforward for REIT investors to understand," said Zayo CEO and Chairman Dan Caruso.
Sign up for Real Estate Investment SmartBrief
News about REITs and real estate investment
Get the intelligence you need: news and information that is changing your industry today, hand-curated by our professional editors from thousands of sources and delivered straight to your inbox.