Vici Properties (VICI)

Overall impact
D (26)

Commentary

Vici Properties is a below-average overall performer. With a 'D' rating of 26.0 for overall impact (bottom 10% of all companies), Vici Properties ranks 101st out of 104 industry peers, behind Douglas Emmett, Empire State Realty Trust, WP Carey and 97 others, and ahead of UMH Properties, Life Storage, and PS Business Parks. On top material causes for Vici Properties's industry (REIT), Vici Properties performs poorly in No Poverty (16.5 score), Reduced Waste (24.3), Lgbtq Equality (34.5) and 12 other causes where it received a 'D' or 'F' score. Vici Properties did not receive an 'A' rating on any cause.
Impact
Cause VICI
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Overall impact

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Company
Employees
28
Sector
Real Estate
Industry
Specialized REITs
Sub-industry
Other Specialized REITs
SASB industry
Real Estate
Headquarters
Ny, United States
Share classes
VICI
Mission
To create the nation's highest quality and most productive experiential real estate portfolio.
Description
VICI Properties Inc. is an S&P 500 experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality, and entertainment destinations, including Caesars Palace Las Vegas, MGM Grand, and the Venetian Resort Las Vegas, three of the most iconic entertainment facilities on the Las Vegas Strip. VICI Properties owns 93 experiential assets across a geographically diverse portfolio consisting of 54 gaming properties and 39 other experiential properties across the United States and Canada. The portfolio is comprised of approximately 127 million square feet and features approximately 60,300 hotel rooms and over 500 restaurants, bars, nightclubs, and sportsbooks. Its properties are occupied by industry-leading gaming, leisure, and hospitality operators under long-term, triple-net lease agreements. VICI Properties has a growing array of real estate and financing partnerships with leading operators in other experiential sectors, including Bowlero, Cabot, Canyon Ranch, Chelsea Piers, Great Wolf Resorts, Homefield, and Kalahari Resorts. VICI Properties also owns four championship golf courses and 33 acres of undeveloped and underdeveloped land adjacent to the Las Vegas Strip. VICI Properties' goal is to own the highest quality and most productive experiential real estate portfolio through a strategy of partnering with the highest quality experiential place makers and operators.
Material causes
Ethos considers the following causes material for Vici Properties, based on its industry sub-industry Other Specialized REITs. Learn more about material causes in our methodology overview.
Not available

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