29/05/2007

Part of Odyssey complex to be sold

The long-term lease to the Odyssey Pavilion is being bought over by property consortium Alburn Holdings.

The owner of the Sheridan Group, Peter Curistan, said they were finalising a deal for negotiations for the lease of the complex which includes cinemas, restaurants and bars.

Mr Curistan said the sale would release a large amount of equity for new developments, which could include the Belfast Stadium project at Ormeau Park.

The Tannery Buildings in King Street forms part of the sale which is being sold for about £110 million.

(JM/KMcA)

Related Northern Ireland News Stories
Click here for the latest headlines.

14 February 2024
Odyssey Welcomes Return Of The Friendship Series
The Odyssey Trust is celebrating the successful return of the Friendship Series for the first time since 2020, which saw Princeton University crowned champions after defeating Providence College at The SSE Arena, Belfast.
02 February 2024
PSNI Reveals Figures On Mass Speeding Operation
New figures from the PSNI show the number of drivers caught speeding in one day in Northern Ireland as part of a major operation. Police carried out vehicle check points, speed checks and proactively patrolling as part of a Service Wide proactive Roads Policing Operation focusing on speeding (OP Lifesaver) and pedestrian safety (Op Safer steps).
18 January 2024
Thousands Of Public Sector Workers Begin Strike Action
Northern Ireland's largest strike in around 50 years has gotten underway today, 18 January. Around 170,000 public sector workers are taking part in the industrial action. Members from over 15 unions including health, education and transport workers are taking part in the day of mass industrial action.
27 March 2024
Other News In Brief
Greens Calls For More Support For Addicts The Green Party has called for more support for people struggling with addiction. Party representative for Holywood and Clandeboye, Cllr Lauren Kendall, said: "From addiction to inspiration, suicide survivor Rory Sloan is using his experiences of recovery to help other young people.
21 March 2024
38,000 Expected To Support Big Spring Clean Initiative
Live Here Love Here, Northern Ireland's community and civic pride campaign, has announced the return of the region's largest volunteer clean-up campaign, Big Spring Clean, which saw over 38,000 volunteers take part in diverse clean-up activities in 2023.