Minerva, Northacre to buy Odeon cinema in High Street Kensington for 24 mln.

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LONDON (ShareCast (+TASAM1.MX – news) ) – Property business Northacre (LSE: NTA.L Advertisement

– news) has moved into cinema via its partnership with City-focused property developer Minerva (LSE: MNR.L – news) .

Northacre announced today that it has exchanged contracts with Odeon Cinemas for the acquisition of the Odeon, High Street Kensington for £24m.