To ask the right hon. Member for Meriden, representing the Church Commissioners, what investment the Church of England has in cinemas and buildings housing cinemas.
Answered on
30 November 2015
The Church Commissioners’ UK investments include just over £300,000 of directly held cinema group shares. In addition the Commissioners have indirect investment exposure to cinemas via property holdings in the Metrocentre, Bluewater and Cheshire Oaks retail shopping centres, all of which contain cinemas. Finally, the Commissioners have identified a very small indirect exposure to a cinema in our UK private equity portfolio.
Answered by
Church Commissioners