Cineworld is making progress on finalizing its U.S. real estate portfolio after telling a bankruptcy court that lease negotiations with its second-largest landlord have stalled, leaving it with little choice but to reject 25 leases with Realty Income Corp. before the movie theater operator can exit Chapter 11 bankruptcy next month.
Cineworld Seeks To Exit Leases With Its Second-Largest Landlord in US Bankruptcy
Cinema Operator Gets Closer to Exiting Bankruptcy With Proposed Lease Rejections
CoStar News
June 5, 2023 | 8:25 P.M.
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IN THIS ARTICLE
- Properties
- Regal Interstate Park
1089 Interstate Pky, Akron, OH
- Regal Live Oak
7901 Pat Booker Rd, Live Oak, TX
- Regal Cinemas
110 New River Rd, Christiansburg, VA
- Regal Edwards Camarillo Palace & IMAX
680 Ventura Blvd, Camarillo, CA
- Companies
- Cineworld Group plc
Arts, Entertainment, and Recreation
- Regal Cinemas
Information
- Realty Income Corporation
Real Estate