Gaming and Leisure Properties (GLPI) and The Cordish Companies Announce Strategic Relationship: GLPI to Acquire the Real Estate Assets of Three Cordish Live! Casino Properties for $1.81 Billion

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Gaming and Leisure Properties and The Cordish Companies Announce Strategic Relationship: GLPI to Acquire the Real Estate Assets of Three Cordish Live! Casino Properties for $1.81 Billion; Cordish to I

December 6, 2021 4:05 PM EST

Acquisition Expected to be Immediately Accretive at Closing and Further Diversifies Tenant Roster

Acquiring Leading Regional Gaming Assets at a 6.9% Capitalization Rate

Gaming and Leisure Properties and The Cordish Companies to Collaborate on FutureReal Estate and Development Strategic Opportunities

WYOMISSING, Pa., Dec. 06, 2021 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) (GLPI or the Company) announced today that it entered into definitive agreements to acquire the real property assets of Live! Casino &... More