Business Paid
Helios expects shopping mall rents for movie theaters to inch down
13:22
Helios, part of the Agora Group, expects that the rents for its cinemas in shopping centers will not increase compared to the first quarter and may even experience a "slight decline," according to Tomasz Jagiełło, a member of Agora's board and the CEO of Helios. He also mentioned that the adjustment (downward) in the number of cinema venues may occur in the medium and long term rather than the short term.
This article is for subscribers
Warsaw Business Journal subscribers get the full archive (12,248 articles going back to 1995) and the print edition.
SubscribeOr try Poland A.M. free for 7 days, the daily briefing, or see all plans and prices.