VICI Properties Signals 2026 AFFO Range While Funding $75M Club Med St. Croix Build-to-Suit
VICI Properties (NYSE: VICI) has projected adjusted funds from operations (AFFO) of $2.45 to $2.47 per share for 2026, signaling continued financial stability and growth expectations. The company is also advancing a new build-to-suit development with Club Med at St. Croix, which will require an estimated total investment of $75 million into the single property. During its Q2 2026 earnings call, CEO Edward Pitoniak emphasized relationship-driven growth and highlighted this partnership as part of VICI's strategic expansion plans. The development is expected to contribute positively toVICi’s long-term portfolio diversification and revenue potential.
Tickers: $VICI
Topics: Growth Strategy Partnerships Real Estate