Vici Properties Inc. Acquires Four Canadian Gaming Properties In Sale Leaseback Transaction With Pure Canadian Gaming Corp.
Acquiring Company
Vici Properties
New YorkReal EstateGamingHospitalityDescription
VICI Properties Inc. (NYSE: VICI) (“VICI Properties” or “VICI”), an experiential real estate investment trust, announced today that it has acquired the real estate assets of PURE Casino Edmonton in Edmonton, Alberta, PURE Casino Yellowhead in Edmonton, Alberta, PURE Casino Calgary in Calgary, Alberta, and PURE Casino Lethbridge in Lethbridge, Alberta, from PURE Canadian Gaming Corp. (“PURE” and such real estate assets, the “PURE Portfolio”) for an aggregate purchase price of approximately C$271.9 million (US$200.8 million). VICI financed the transaction with a combination of cash on hand and from drawing down funds under its existing revolving credit facility in Canadian dollars.
Other recent acquisitions in Real Estate and Gaming
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Vici Properties Inc. Completes Acquisition Of Remaining 49.9% Interest In Mgm Grand Las Vegas And Mandalay Bay Joint Venture (January 9, 2023)
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- Cherokee Nation Businesses Completes Acquisition Of Gold Strike Casino Resort (February 16, 2023)
- Chowly Announces Acquisition Of Koala (February 1, 2023)
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