Expanded Partnership with Cabot at Cabot Saint Lucia and Cabot Highlands slide image

Expanded Partnership with Cabot at Cabot Saint Lucia and Cabot Highlands

CABOT HIGHLANDS In December 2023, VICI reached an agreement in principle to enter into an up to £85 million delayed draw development loan facility for the development of Cabot Highlands in Inverness, Scotland, with a call right. agreement to acquire a portion of the real estate assets upon stabilization of the resort, subject to negotiation of definitive documentation and other customary closing conditions CABOT Cabot Highlands is Cabot's first UK property in its diverse collection of world-class gold and master-planned communities. Surrounded by the breathtaking Scottish Highlands, this celebrated property is woven into the fabric of the region's rich golf history. Previously known as Castle Stuart, the newly acquired Cabot property is home to the renowned 18-hole Castle Stuart Golf Links, designed by Mark Parsinen and Gil Hanse, which has been featured in the World Top 100. It also features a practice range, an art-deco inspired clubhouse, and the historic 17th century castle after which the golf course was named. The property will expand with the build of a second golf course designed by acclaimed architect Tom Doak, scheduled to open in 2025. The resort will eventually feature a full golf village of lodging, dining, retail, and health/wellness, making it the first fully integrated golf resort in the Scottish Highlands. Source: Cabot, as of December 2023 VICI LOCATION: Inverness, Scotland NEW COURSE OPENING: Expected in 2025 6
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