2024-04-11 10:29:34 ET
Summary
- VICI Properties Inc. is a specialty REIT that owns gambling and other experiential assets.
- The company has experienced significant revenue and cash flow growth recently.
- VICI Properties has plans for further growth, including acquisitions and investments in new assets.
One of the beautiful things about the world of real estate investment trusts, or REITs, is that you have almost unlimited variety to invest in what you like. There are REITs that focus on the ownership of single family or multifamily properties, ones that focus on office assets, ones that focus on billboards, ones that focus on data centers, the list goes on. You also have some that are geographically concentrated or diverse. For those who really want to focus on attractive yield, the ability to create a portfolio that fits one's interests or tastes is almost unlimited....
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VICI Properties: Strong Growth Necessitates A Bullish Outlook