EPR Properties Acquires Village Vacances Valcartier and Calypso Properties for CDN 179m.
MANews-(C)2009-2022
Missouri, US-based real estate investment trust EPR Properties (NYSE: EPR) is acquiring the Village Vacances Valcartier resort and hotel, located in Quebec, and the Calypso Waterpark in Ottawa, Ontario for approximately CDN 179m (USD 142m), using cash on hand, the company said.
Simultaneous with the acquisition, the company is leasing these properties to Premier Parks pursuant to a long-term triple net lease.
The Village Vacances Valcartier is a four-season resort covering approximately 225 acres. The resort also includes The Hotel Valcartier, a four-star modern hotel with 153 rooms, and the Hotel...
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