Overview
Description
Vici Properties Inc. is a real estate investment trust (REIT) specializing in gaming, hospitality, and entertainment properties. Formed as a spin-off from Caesars Entertainment Operating Company, the firm holds a unique niche in the real estate sector by owning and leasing iconic casino destinations. The primary function of Vici Properties Inc. is to generate stable rental income through long-term, triple-net lease agreements with leading operators in the gaming and hospitality industries. This strategic focus provides a steady cash flow and resilience against market volatility. With a portfolio that encompasses some of the most recognizable properties in Las Vegas and across the United States, Vici Properties Inc. plays a significant role in the hospitality and entertainment markets, contributing to the overall attractiveness and diversification of REIT holdings in investment portfolios. By aligning with prominent industry players, the company ensures continuous occupancy and revenue growth, supporting its objective of maximizing shareholder value.
About
CEO
Employees
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Address
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Phone
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Website
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Instrument type
Common stock
Sector
Industry
Country
Germany
MIC code
XSTU