VICI Properties Vs. W. P. Carey: What Is The Best REIT?

Data by YCharts | --- | --- | --- | |----------------|--------------|-------------| | | | | | | WPC | VICI | | | | | | P/FFO | 12x | 13x | | P/NAV | 20% discount | 8% discount | | Dividend Yield | 6% | 5.5% | Typically, the main advantage of net lease REITs like Realty Income (O) is the consistency of the cash flow, but the downside is that their annual rent hikes are generally limited to just 1-2% per year. But W. P. Carey Inc. (NYSE:WPC) and VICI Properties Inc. (NYSE:VICI) are exceptions. They are unique ...