Tag-Archiv: REIT
USA – Blackstone zahlt 4.6 Milliarden US-Dollar für den Einstieg in MGM Grand und Mandalay Bay
MGM Resorts veräußert einen großen Anteil an zwei seiner größten Vermögenswerte in Las Vegas: MGM Grand und Mandalay Bay werden nach dem immer beliebter werdenden „Buy-and-Lease-Back-Modell“ für 4.6 Milliarden US-Dollar an den wachsenden Gaming-Konzern Blackstone verkauft. Der Deal zwischen MGM Growth Properties und Blackstone Real Estate Income Trust monetarisiert effektiv die realen…
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…
USA – Kongressabgeordnete unterzeichnen Brief gegen 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…
USA – Analysten verwirrt über den Schritt von MGM in Richtung 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,…
