VICI Properties
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VICI Properties (VICI) investor relations material

VICI Properties Corporate presentation summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Corporate presentation summary15 Jun, 2026

Transaction overview

  • Announced partnership to acquire and redevelop Carambola Beach Resort in St. Croix, U.S. Virgin Islands, with a total investment of approximately $75 million, including $55 million for redevelopment.

  • Lease structured as a long-term triple-net lease with an initial 15-year term and two 10-year extension options.

  • Construction is set to begin in summer 2026, targeting a reopening in Q4 2027.

Strategic rationale

  • Partnership with a leading all-inclusive resort operator, expanding into non-gaming experiential real estate.

  • Marks the first build-to-suit investment, diversifying growth strategies and geographic footprint into the U.S. Virgin Islands.

  • Enables steady capital deployment into a premier experiential asset.

Resort and market overview

  • Carambola Beach Resort features 150 rooms, meeting space, restaurants, pool, fitness club, and scuba shop on 27 acres with 1,500 feet of beachfront.

  • Located 20 minutes from the airport and 30 minutes from Christiansted, with direct air service from five U.S. cities.

  • U.S. Virgin Islands offer familiar legal protections and currency for American investors and travelers.

Build-to-suit strategy and growth potential
Monetization of the 18-acre undeveloped parcel
Exclusive Collection pricing vs standard tiers
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Next VICI Properties earnings date

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Q2 202630 Jul, 2026
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Q2 202630 Jul, 2026

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