VICI Properties signs 20-year triple-net lease for Century Mile & Downs with C$ 10.7 million base rent

• VICI Properties agreed to a new triple-net lease with Highfield for the Century Mile and Century Downs real estate in Alberta.
• Initial annual base rent set at C$ 10.7 million, with a new 20-year term and four 5-year renewal options.
• Century master lease amended to cut annual base rent by C$ 10.7 million, keeping VICI’s aggregate rent unchanged.
• Lease escalators tied to the greater of 1.25% or Canadian CPI change, capped at 2.50%.
• Closing expected in Q4 2026 or Q1 2027, subject to regulatory approvals and customary conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. VICI Properties Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260928149581) on September 28, 2026, and is solely responsible for the information contained therein.