Re: News Article: Negative equity capital of Britain seeks a boost -- Jesus Army Watch Forum

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Date Posted: 6/07/09 7:57:18pm
Author: Mr X
Subject: Re: News Article: Negative equity capital of Britain seeks a boost
In reply to: Mike (webmaster) 's message, "News Article: Negative equity capital of Britain seeks a boost" on 6/07/09 7:52:15pm

>Title: Negative equity capital of Britain seeks a boost
>Website: Times Online timesonline.co.uk
>Date: 04/07/2009
>Link : >href="http://business.timesonline.co.uk/tol/business/in
>dustry_sectors/retailing/article6632861.ece">Negative
>equity capital of Britain seeks a boost
>
>snippet : The Jesus Centre, housed in a
>listed Art Deco former cinema on the end of Abington
>street, bears testament to the opportunities that have
>presented themselves to unconventional tenants. But
>there is rancour between retailers and the council as
>shops and shoppers dwindle in the town centre.

Difficult to comment on a snippet like this as there is a danger of taking it out of context, but the Cannon Cinema was bought in times of economic growth. I think it really struggled to compete with a couple of large modern cinemas that were built in the vicinity with ample free parking etc.

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Re: News Article: Negative equity capital of Britain seeks a boost -- Mike (webmaster), 6/07/09 9:13:22pm

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>>Title: Negative equity capital of Britain seeks a >boost >>Website: Times Online timesonline.co.uk >>Date: 04/07/2009 >>Link : <a rel=nofollow target=_blank >>href="http://business.timesonline.co.uk/tol/business/i >n >>dustry_sectors/retailing/article6632861.ece">Negative >>equity capital of Britain seeks a boost</a> >> >><b>snippet</b> : <i>The Jesus Centre, housed in a >>listed Art Deco former cinema on the end of Abington >>street, bears testament to the opportunities that have >>presented themselves to unconventional tenants. But >>there is rancour between retailers and the council as >>shops and shoppers dwindle in the town centre.</i> > >Difficult to comment on a snippet like this as there >is a danger of taking it out of context, but the >Cannon Cinema was bought in times of economic growth. >I think it really struggled to compete with a couple >of large modern cinemas that were built in the >vicinity with ample free parking etc.
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