Cinema operator The Light plans to more than quadruple its number of sites by 2021.
At present, The Light has seven locations up and running. It has committed to a further 14 and would like to open around 10 more, co-founder Keith Pullinger told Property Week.
Pullinger, the former head of development at UGC Cineworld, said the growth would give it a 5% share of the UK cinema market.
In its latest deal, The Light has agreed to anchor a six-screen cinema scheme in Redhill which is being brought forward by Reigate & Banstead Council.
It has also committed to opening at London & Cambridge and Threadneedle’s Concourse Shopping Centre in Skelmersdale, Orchard Street’s Wellgate Centre in Dundee and Sovereign Centros’s Trinity Centre in Wakefield, among others.
“We like working with shopping centres and town centre regenerations with local authorities,” said Pullinger, although he added that he would not rule out the possibility of an out-of-town scheme.
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