Potential buyers negotiate on Christchurch's EntX cinema complex - News Summed Up

Potential buyers negotiate on Christchurch's EntX cinema complex


The Hoyts EntX cinema multiplex and food court complex in central Christchurch remains for sale. Two would-be buyers are reportedly negotiating to buy central Christchurch's EntX entertainment complex after it was put up for sale late last year. The $50 million complex was built by developers Calder Stewart with a seven-screen cinema for tenants Hoyts with 19 hospitality outlets underneath. READ MORE:* Flagship EntX cinema complex for sale* Christchurch Hoyts EntX cinema complex open for business* Former temporary cop shop in central Christchurch bought for $25m by Box 112Hamish Doig, managing director of Colliers, which is selling the property for Calder Stewart, said they were in negotiations with two potential buyers – one an international investor and the other a New Zealand investor. Calder Stewart has already successfully sold another central Christchurch property, the former temporary police headquarters complete with cell block in St Asaph St.


Source: Stuff March 13, 2019 03:00 UTC



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