Realty Income Corp (NYSE:O)
$ 53.09 0.64 (1.22%) Market Cap: 46.23 Bil Enterprise Value: 71.59 Bil PE Ratio: 49.16 PB Ratio: 1.19 GF Score: 89/100

Realty Income Corp at NAREIT REITweek: Investor Conference Transcript

Jun 06, 2023 / 03:00PM GMT
Release Date Price: $60.01 (+0.03%)
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 & 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

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