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Kevin Stent/Stuff Hard hit by Covid, US-based Reading Cinemas has ‘’monetised’’ a major piece of land on the Auckland industrial market. Cinema company Reading International has sold a huge parcel of light industrial land in South Auckland, making a bumper profit. The 28.5 hectare parcel of industrial land in Wiri near Auckland Airport was sold for $77.1 million to 100 Prices Rd, a company linked to prominent retailers Anne and David Norman,. Reading reaped a US$41m (NZ$58.45m) gain from the sale after costs, saying the property sold for well above its book value of US$13.5m and “...

Reading International Reports Fourth Quarter 2020 Results and COVID-19 Business Update Revenues Returning as Cinemas Reopen Non-Core Non-Cash Flowing Real Estate Assets Monetized Earnings Call Webcast to Discuss 2020 Fourth Quarter and Full Year Financial Results and COVID-19 Updates Scheduled to Post to our Corporate Website on Monday, April 5, 2021 CULVER CITY, Calif.--(BUSINESS WIRE)--Reading International, Inc. (NASDAQ: RDI), an internationally diversified cinema and real estate company with operations and assets in the United States, Australia, and New Zealand, today announced its resul...

Press release content from Business Wire. The AP news staff was not involved in its creation. James J. Cotter Living Trust Enters 10b5-1 Trading Plan in 2021 January 23, 2021 GMT CULVER CITY, Calif.--(BUSINESS WIRE)--Jan 22, 2021-- Reading International, Inc., announced today that the James J. Cotter Living Trust (the “Living Trust”) has entered into a 10b5-1 trading plan (the “Trading Plan”) with the Company pertaining to the sale by the Living Trust of up to 276,000 shares of Class A Non-Voting Common Stock over a period from January 25, 2021 through and including June 4, 2021, or s...