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This statistic highlights Vici’s Number of Properties from Q1 2017 onwards, reported on a quarterly basis.
Vici Properties Inc is one of the best real estate company in the United States. It owns luxury hotels, restaurants, bars and night clubs all over the country. It is famous for enhancing its customers’ profits through investments, by providing them great deals and offers. It has a very well maintained market leading portfolio and also has a great competitive position in the real estate industry.
|Time Period||Q1 2020||Q2 2020||Q3 2020||Q4 2020||Q1 2021||Q2 2021||Q3 2021|
|Number of properties||28.0||31.0||29.0||28.0||28.0||28.0||28.0|
The number of properties of Vici Properties Inc. has increased by 40% between Q4 2017 and Q3 2021. In Q4 2017, the company had only 20 properties but as for the latest quarter of Q3 2021, it owns 28 properties.
Although the count of properties between Q1 2020 and Q3 2020 has remained same at 28 properties, the company has gone through many variations between this period. It increased its properties to 31 properties in Q2 2020 by acquiring 3 more properties in this quarter. However, in the next quarter i.e Q3 2020, it had only 29 properties indicating that the company sold 2 properties in these 3 months.
In Q4 2020, Vici had 28 properties as it sold another property in this period. Since then, the company has maintained a property count of 28 properties from Q4 2020 till the latest quarter of 2021, that is Q3 2021. This proves the fact that the company hasn’t been involved in any buying or selling of properties in the first three quarters of 2021.
It can be concluded that Vici Properties Inc has been successful in expanding their property count from 2017; it also established a 30+ property count in Q2 2020, but had to sell the properties later. The year 2020 witnessed a worldwide pandemic in which the real estate sector underwent many price fluctuations and this might be the reason for the company to regularly buy and sell properties during that year.
Vici Properties is a Maryland corporation which is mainly involved in the business of owning and procuring gaming, hospitality and entertainment destinations, concerned with long-term triple net leases. It’s nationwide, physically diverse portfolio lately comprises of 28 market leading properties. The company leases its entertainment services to leading brands that seek to initiate consumer loyalty and value with guests through high end experiences, services, products and indomitable innovation. Its well-maintained properties are presently located all around the urban, destination and drive-to markets in 12 states, containing about 17,800 hotel rooms and feature over 200 restaurants, bars and nightclubs which are spread across 47 million square feet,
Vici Properties has one of the best market leading portfolio and is competitively placed and well-maintained. It anticipates that its tenants will continue making strategic and value-enhancing investments in its properties from time to time, assisting in maintaining their competitive position. In addition, given its market reach and vast industry knowledge, it is believed to be one of the most well-positioned real estate company to carry forward highly balancing single-asset and portfolio acquisitions, as well as other investments, to enhance development as market conditions allow, with a focus on disciplined capital allocation.
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