Tag Archives: FPI
États-Unis – Blackstone va débourser 4.6 milliards de dollars pour s’implanter à MGM Grand et Mandalay Bay
MGM Resorts cède une participation importante dans deux de ses principaux actifs de Las Vegas, MGM Grand et Mandalay Bay étant vendus à la société de jeu en pleine croissance Blackstone pour 4.6 milliards de dollars, suivant le modèle de plus en plus populaire de « rachat et location ». L'accord entre MGM Growth Properties et Blackstone Real Estate Income Trust monétise efficacement le réel…
US – Caesars diversifies tenants roster with Margaritaville Penn deal
Caesar’s spin off VICI Properties has completed the purchase of land relating to Margaritaville Resort Casino, located in Bossier City, Louisiana, for $261m whilst Penn National Gaming will in effect act as a tenant having bought the operating assets for $115m. Penn National’s lease agreement will see it paying annual rent of approximately $23.2m for…
États-Unis – Des membres du Congrès signent une lettre contre Caesars REIT
Political support against Caesars Entertainment’s efforts to create a real estate investment trust (REIT) to split its assets. US Congress members have now signed a letter asking Treasury Secretary Jacob Lew to reject what would be a beneficial tax regime. Caesars has transferred 10 of its properties, including seven on the Las Vegas Strip, into…
Etats-Unis – Les analystes déconcertés par l'évolution de MGM vers les REIT
In a move that has confused analysts, MGM Resorts International is transferring 10 of its properties, including seven on the Las Vegas Strip, into a real estate investment trust that will be 70 per cent owned by MGM, but will allow for ‘strategic and financial benefits.’ MGM will maintain 100 per cent ownership of Bellagio,…
