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VICI Properties Inc. to Acquire Remaining 49.9% Interest in MGM Grand Las Vegas and Mandalay Bay Joint Venture from Blackstone Real Estate Income Trust
December 02, 2022
NEW YORK, Dec. 2 (TNSres) -- Blackstone, an investment firm, issued the following news release on Dec. 1, 2022:

Blackstone Real Estate Income Trust, Inc. ("BREIT") and VICI Properties Inc. (NYSE: VICI) ("VICI Properties" or "VICI") announced jointly today that they have entered into a definitive agreement in which VICI, currently owner of a 50.1% interest in the joint venture that owns MGM Grand Las Vegas and Mandalay Bay Resort, will acquire BREIT' . . .

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