Bahamas: Vici Properties in negotiations to buy Atlantis Paradise Island resort
Regulation · 2024-11-13
Bahamas: Vici Properties in negotiations to buy Atlantis Paradise Island resort
The multi-billion dollar owner of iconic Las Vegas mega resorts such as Caesars Palace, MGM Grand and the Venetian is exploring a deal for Paradise Island’s Atlantis resort.
Tribune Business can reveal that VICI Properties, a New York headquartered real estate investment trust (REIT) that owns 93 resort, gaming and hospitality assets spread across the US and Canada, is in talks with Atlantis’ current owner, Brookfield Asset Management, although the two parties have yet to reach agreement on a sale or how the potential deal may look.
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