10 Best REIT Stocks to Buy According to Billionaires

4. VICI Properties Inc. (NYSE:VICI)

Number of Billionaires: 11

Number of Hedge Fund Holders: 48

VICI Properties Inc. (NYSE:VICI) is one of the largest owners of gaming, hospitality, and entertainment destinations in the US. The S&P 500 experiential real estate investment trust owns 93 experiential assets comprising 54 gaming properties and 39 other experiential properties across the US and Canada.

As compared to other traditional net lease real estate investment trusts, the REIT’s assets have high barriers to entry and high financial transparency. With demand currently inclining towards developments that tend to blend luxury, hospitality, and experience, the REIT recently made a strategic move giving it an opportunity to invest in place-based history and experiential luxury. In February, VICI Properties Inc. (NYSE:VICI) announced a strategic relationship with Cain International and Eldridge Industries, a collaboration that launched with VICI’s $300 million investment into a mezzanine loan related to the development of a landmark 17.5-acre luxury mixed-use development ‘One Beverly Hills’. In the prevailing scenario, the stock also has less exposure to tariffs as a diversified commercial real estate investment trust focusing on stable domestic properties.