VICI Properties Inc. Acquires Four Canadian Gaming Properties in Sale Leaseback Transaction With Pure Canadian Gaming Corp.
– Marks VICI’s First International Investment–
– Further Diversifies VICI’s
– Acquisition to be Immediately Accretive –
Simultaneous with the acquisition, VICI entered into a triple-net master lease agreement with PURE (the “PURE Master Lease”) covering the PURE Portfolio. The PURE
In addition to this release, VICI has furnished a Transaction Overview presentation, which is available on its website in the "Investors" section, under the menu heading "Events & Presentations" or please visit https://investors.viciproperties.com/events-and-presentations/default.aspx.
PURE Portfolio Overview
|
|
|
|
|
|
|
|
Year Opened |
1986 |
|
2000 |
|
1997 |
|
1988 |
Total Square Feet |
72,000 |
|
75,000 |
|
57,000 |
|
43,450 |
Table Games / Poker Tables |
27 / 16 |
|
24 / 15 |
|
27 / 12 |
|
11 / 13 |
Slots / VLTs |
852 / 28 |
|
753 / 26 |
|
832 / 22 |
|
427 / 28 |
|
3 |
|
4 |
|
1 |
|
2 |
About
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the federal securities laws. You can identify these statements by our use of the words “assumes,” “believes,” “estimates,” “expects,” “guidance,” “intends,” “plans,” “projects,” “will,” and similar expressions that do not relate to historical matters. All statements other than statements of historical fact are forward-looking statements. You should exercise caution in interpreting and relying on forward-looking statements because they involve known and unknown risks, uncertainties, and other factors which are, in some cases, beyond VICI’s control and could materially affect actual results, performance, or achievements. Important risk factors that may affect VICI’s business, results of operations and financial position (including those stemming from changes in economic conditions and risks relating to VICI’s pending and recently completed transactions) are detailed from time to time in VICI’s filings with the
View source version on businesswire.com: https://www.businesswire.com/news/home/20230109005297/en/
Investors:
Investors@viciproperties.com
(646) 949-4631
Or
EVP, Chief Financial Officer
DKieske@viciproperties.com
Vice President, Acquisitions and Finance
DValoy@viciproperties.com
Source: