Why VICI Properties is Suitable as a Conservative Portfolio Diversification!
The long-term nature of the leases of VICI Properties ensures predictable revenues and reduces uncertainty regarding cash flows.
The portfolio has continuously grown through acquisitions and smart business deals, making the fund widely diversified.
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VICI Properties (i) is a real estate REIT that possesses a unique portfolio of entertainment-related properties, which cannot be found again in this form on the market. The portfolio includes hotel properties, entertainment venues, shopping centers, casinos, and conference/convention spaces that are leased to operators paying the real estate investment trust a recurring monthly rent. Most of VICI Properties' tenants are large casino companies such as MGM Resorts or Caesars Entertainment, which operate massive gaming complexes in Vegas. The contracts...
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