Realty Income Corporation Gets a Piece of the Bellagio

Posted on 08/25/2023

Realty Income Corporation (Realty Income, NYSE: O), and Blackstone Real Estate Income Trust, Inc. (“BREIT”) jointly announced that Realty Income has signed a definitive agreement to invest approximately US$ 950 million to acquire common and preferred equity interests from BREIT in a new joint venture that owns a 95% interest in the real estate assets…

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