Despite the numerous predictions of the decline of cinema, last year UK cinema attendance saw the highest levels for 50 years. Vue’s founder Timothy Richards caught up with The Drum to discuss why he feels this resurgence will continue as the chain enters 2019. According to Richards, in recent years cinema has been “written off”…
A Welsh council has bought a leisure park, whose tenants includes a 13- screen Cineworld complex and a McDonald’s, for £21m. Monmouthshire County Council has acquired Newport Leisure Park, in the neighbouring local authority area of Newport, from Otium Real Asset. The 141,000 sq ft park also includes an Exercise4less gym, Home Bargains superstore, and…
West Suffolk’s joint executive – cabinet members from both Forest Heath and St Edmundsbury councils – on Tuesday agreed to pursue the outline business case to establish the complex at The Guineas Shopping Centre. Council chiefs said it would fulfil a need “long campaigned for” by the people of Newmarket and provide a significant economic…
The UK government’s first Welsh property investment portfolio, which includes a range of projects from across the country totalling £1.19bn, is to be unveiled at MIPIM. The portfolio includes a mixed office and multi-storey car park development in Cardiff Central Quay, a leisure-focused development at Milford Haven’s waterfront and a beachside tourism development for Nells…
