VICI Properties Acquires Carambola Beach Resort for Club Med Development

VICI Properties (NYSE: VICI) has acquired the Carambola Beach Resort in St. Croix, U.S. Virgin Islands to convert it into a Club Med resort under a joint venture agreement with long-term triple-net lease terms. The company's AFFO increased by 5.7% year-over-year for Q1 2026.

By Sheryar Siddiq Fri, June 26, 2026 at 2:09 PM GMT+3 1 min read · Yahoo Finance · June 26, 2026, 11:09 UTC

VICI Properties Acquires Carambola Beach Resort for Club Med Development

Tickers: $VICI

Topics: Club Med hotel acquisition REITs VICI Properties

Read the full article at Yahoo Finance

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