Odeon Cinemas has agree a deal to anchor the £60m leisure extension of Invesco Real Estate’s Queensgate Peterborough shopping centre.
The company will open an eight-screen cinema later this year in a 27,500 sq ft unit. The cinema – Odeon’s first in Cambridgeshire – will offer more than 600 luxury seats and an extensive F&B offer.
Ed Ginn, director of investment management at Invesco Real Estate, said: “The purpose of our new leisure extension has always been to deliver a complete experience for the community of Peterborough, and Odeon Cinemas will be a fantastic component of the space. We have invested a significant amount in ensuring this extension meets visitor expectations and enhances the overall visit to Queensgate, and this new anchor will help drive that day-to-night offer and reinforce the destination’s appeal as a top UK shopping centre.”
Suzie Welch, managing director of Odeon UKI, added: “We are delighted to be making our regional debut in Peterborough and form a key part of Queensgate’s brand-new leisure space. We are looking forward to delivering an unmatched cinema experience for visitors and creating memorable experiences, complemented by an array of retail and F&B on offer within the scheme.”
CBRE, Time Retail Partners and Sovereign Centros from CBRE advised Invesco Real Estate on the letting.
