Co-produced with Trapping Value and Treading Softly
Introduction
About Landmark Infrastructure Partners
Landmark Infrastructure Partners LP (LMRK), is a very unique company that is in the business of owning unique real estate assets. These are investments that are leased to:
- Tower companies
- Outdoor advertising companies
- Operators of alternative energy sites
Source: Landmark Presentation
Landmark is highly diversified with almost 350,000 sites with the bulk of them in the US. The company however does have some overseas exposure.
Source: Landmark Q2-2019 financials
It rents the land it owns based on long-term leases. These are