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Tag Archives: VIVI Properties

US – VICI Properties to buy remaining 49.9 per cent interest in MGM Grand and Mandalay Bay

Blackstone Real Estate Income Trust, Inc. and VICI Properties Inc. announced jointly today that they have entered into a definitive agreement in which VICI, currently owner of a 50.1 per cent interest in the joint venture that owns MGM Grand Hotel & Casino Las Vegas and Mandalay Bay Resort and Casino, will acquire BREIT’s 49.9 per cent interest…