VICI Properties Inc. Completes Sale-Leaseback of Canadian Portfolio in Connection With Pure Casino Entertainment’s Acquisition of Gamehost (opens original article in a new tab)

VICI Properties Inc. finalized a sale-leaseback of Canadian real estate assets worth CAD$200.6 million, tied to Pure Casino Entertainment's acquisition of Gamehost, with an expanded lease term and higher rent.

• VICI Properties Inc. completed the sale-leaseback of Canadian real estate assets for CAD$200.6 million.
• The transaction is linked to Pure Casino Entertainment's acquisition of Gamehost, with increased annual rent by CAD$16.1 million.
• The lease agreement with Pure Casino Entertainment was extended to 25 years with renewal options.