Jun 06, 2023 / 03:00PM GMT
Sumit Roy - Realty Income Corporation - President, CEO & Director
This has also allowed us to cultivate a relationship with EG Group, somebody that we've been following closely. They're based in the U.K. and somebody we initiated conversations with a while back, which then sort of manifested in this particular transaction. So it's a win-win. It's partly a function of the environment that we find ourselves in. It's, again, working to our strengths, doing very large transactions does not cause concentration issues for us, which perhaps it would for some of our peers and allows us to form a new relationship with a client that we can continue to do repeat business with.
Questions and Answers:
Diane Rusignola -I'm here today with Sumit Roy, President and CEO of Realty Income Corporation. You recently purchased the Encore Boston Harbor, a gaming asset. Can you tell us about that?
Sumit Roy - Realty Income Corporation - President, CEO & Director
Sure. So this was a transaction that we initially started having