VICI Properties Inc. (VICI) to Acquire the Venetian Resort’s Real Estate in Las Vegas
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VICI Properties Inc. to Acquire the Venetian Resort’s Real Estate in Las Vegas
March 3, 2021 6:34 AM EST
- Expected to be Immediately Accretive Upon Closing -
- Attractive 6.25% Cap Rate for Iconic World-Class Facility -
- Las Vegas Sands to Guarantee Rent Through 2023 -
- Creates the Largest Net Lease REIT by LQA Adjusted EBITDA -
NEW YORK--(BUSINESS WIRE)-- VICI Properties Inc. (NYSE: VICI) (VICI Properties or the Company) announced today it has entered into definitive agreements to acquire from Las Vegas Sands Corp. (NYSE: LVS) (LVS) all of the land and real estate... More
