Latest News for: Cinema leasing

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Watch: Chinese expats at Dubai’s Dragon Mart a bustling community

Gulf News 27 Sep 2022
At present, Xu is leasing around 100,000 sqm of shopping space spread across Dragon Mart 1 and manned by around 400 staff ... There are also more leisure attractions, restaurants, cafés and a 12-screen Novo cinema. Rashid Al Harmoodi, director, Dragon Mart Leasing at Nakheel Image Credit.
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Bay of Pigs Veterans Association Is "Not Interested" in Taking Over Tower Theater

Miami New Times 22 Sep 2022
"We said no but he insisted ... Though the theater closed in 1984, Miami Dade College reopened the venue's doors in 2002 under a lease with the City of Miami, turning the venue into one of Miami's go-to spots for art-house cinema. The lease is up this coming January ... Mendieta would not say for sure if the college will seek to renew its lease come 2023 ... .
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Regal movie theaters to close in Anaheim Hills, Irvine and Calabasas

Orange County Register 16 Sep 2022
Regal movie theaters in Anaheim Hills, Irvine and Calabasas will close later this month as owner Cineworld Group reorganizes the chain and its leases in bankruptcy court ... Laemmle Theatres a Los Angeles-based art-house cinema chain, has also given up leases to some of its properties.
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As Regal Owner Cineworld Goes Chapter 11, Studios Gauge Hollywood Fallout

The Hollywood Reporter 16 Sep 2022
“More challenging is the fact that the operators, for the most part, lease the cinema sites — possible under master lease agreements — and the lease liabilities are capitalized, thereby forming by far the larger part of the debt burden.” ... The company could also give up some cinemas, allowing rivals to potentially swoop in.
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Cineworld files for bankruptcy in US

Beijing News 10 Sep 2022
UK cinema chain Cineworld Group, the world's second-largest cinema chain operator, has filed for bankruptcy protection in the U.S ... It added that its group's companies have $1.94 billion in debt from existing lenders, and it expects to operate its global business and cinemas as usual throughout the process ... cinema lease terms.
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Regal Cinemas owner files for Chapter 11 bankruptcy amid box office drought

The Spokesman-Review 08 Sep 2022
Cineworld Group, the world’s second-largest movie theater operator and owner of Regal Cinemas, has filed for Chapter 11 bankruptcy protection from creditors amid a severe box office downturn ... Part of its plan involves renegotiating cinema lease terms with its U.S ... 31, or about $5 billion excluding lease liabilities.
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Regal Cinemas owner files for Chapter 11 bankruptcy

The Virginian-Pilot 08 Sep 2022
Cineworld Group, the world’s second-largest movie theater operator and owner of Regal Cinemas, has filed for Chapter 11 bankruptcy protection from creditors amid a severe box office downturn ... Part of its plan involves renegotiating cinema lease terms with its U.S ... 31, or about $5 billion excluding lease liabilities.
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Regal Cinemas owner files for bankruptcy

Decatur Daily 08 Sep 2022
Cineworld Group, the world's second-largest movie theater operator and owner of Regal Cinemas, has filed for Chapter 11 bankruptcy protection from creditors amid a severe box office downturn ... Part of its plan involves renegotiating cinema lease terms with its U.S ... 31, or about $5 billion excluding lease liabilities.
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Movie chain operator Cineworld files for U.S. bankruptcy

Reuters 07 Sep 2022
Sept 7 (Reuters) - Britain's Cineworld Group (CINE.L) on Wednesday filed for bankruptcy protection in the United States as the world's second-largest cinema chain operator struggles to rein in its massive debt ... cinema lease terms ... Its net debt including lease liabilities stood at $8.9 billion at the end of 2021.
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One of SC's biggest movie theater chains is in bankruptcy

The Post and Courier 07 Sep 2022
Day-to-day operations at the company's U.S.-based Regal Cinemas and other businesses are not expected to be disrupted by the filing ... Cineworld's debt load totals $4.8 billion in debt, not including real estate lease liabilities ... cinema lease terms in an effort to further position the group for long-term growth," the company said.��.
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Regal Cinemas owner Cineworld files for Chapter 11 bankruptcy

Kearney Hub 07 Sep 2022
Cineworld Group, the world's second-largest movie-theater operator and owner of Regal Cinemas, has filed for Chapter 11 bankruptcy protection from creditors amid a severe box-office downturn ... Part of its plan involves renegotiating cinema lease terms with its U.S ... 31, or about $5 billion excluding lease liabilities.
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Regal Owner Cineworld Begins Chapter 11 Bankruptcy Proceedings in U.S.

The Hollywood Reporter 07 Sep 2022
The London-headquartered company operates the Regal cinemas in the U.S., as well as Cineworld and Picturehouse venues in the U.K ... cinema lease terms in an effort to further position the group for long-term growth.”. The cinema powerhouse reiterated that any de-leveraging ...
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Cineworld Commences Chapter 11 Cases with Approximately $1.94 billion in Debtor-in-Possession Financing Commitments to Facilitate ...

Maryville Daily Forum 07 Sep 2022
As part of its restructuring process, Cineworld expects to pursue a real estate optimisation strategy in the US and intends to engage in collaborative discussions with US landlords to improve US cinema lease terms in an effort to further position the Group for long-term growth ... Currently, Cineworld Group plc is the only quoted UK cinema business.
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Even the stars wait to shine in the night

Manila Bulletin 20 Aug 2022
Ayala Malls gathers its merchants in its bid to redefine the post-pandemic mall experience ... For once, there was a bigger threat other than ourselves ... president and CEO Javier Hernandez, Ricardo Andres of Candy Corner Philippines, Ayala Land Malls area head for north operations and head of cinemas Charmaine Bauzon, and leasing manager Luke Lee ... .
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Toppen Shopping Centre Creates A Gateway For Brands To South Malaysia

Malaysian National News Agency 19 Aug 2022
With 1.2 million sq ft of GLA, Toppen houses over 300 tenants and enjoys a 92% lease rate with anchor brands such as IKEA Tebrau, TGV Cinemas, Harvey Norman, and Sports Direct ...

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