Vici Properties, a real estate investment trust, has taken a significant step in broadening its portfolio by venturing into the world of bowling entertainment.
In a recent deal involving the sale and leaseback of properties, Vici Properties has acquired a total of 38 bowling entertainment centers from Bowlero Corp. for a combined purchase price of $432.9 million.
This purchase is in line with Vici Properties' overall investment approach, which focuses on identifying assets that exhibit less vulnerability to economic cycles and fewer long-term threats.
In a recent deal involving the sale and leaseback of properties, Vici Properties has acquired a total of 38 bowling entertainment centers from Bowlero Corp. for a combined purchase price of $432.9 million.
This purchase is in line with Vici Properties' overall investment approach, which focuses on identifying assets that exhibit less vulnerability to economic cycles and fewer long-term threats.