New York-listed real estate investment trust VICI Properties has posted an 8 per cent increase in revenue to $951.5 million for the first quarter of 2024.
Income from sales-type leases grew by 7 per cent year-on-year to $512.8 million, including $254.9 million from Caesars’ master leases, $78.0 million from MGM Grand/Mandalay Bay lease, and $65.0 million from The Venetian Resort lease.
Income from lease financing receivables, loans and securities rose 10 per cent to $409.3 million, of [...]
