LONDON (Alliance News) - Property developer Capital & Regional PLC on Tuesday said it and partner Drum Property Group have signed a deal to house a 12-screen Empire cinema at the Buttermarket shopping centre in Ipswich.
The two companies, in addition to the deal with Empire, have struck deal to lease space to no-frills gym operator Pure Gym, along with shop deal with New Look and TK Maxx.
"We are very pleased to announce that Empire has committed to Buttermarket, and see this as a key milestone as we move to realise our vision for the centre," said Hugh Scott-Barrett, Capital & Regional's chief executive.
Shares in Capital & Regional were down 0.7% to 69.25 pence on Tuesday.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
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Capital & Regional (CAL)