Parkz News Village Roadshow has sold their Gold Coast land but the theme parks are staying put

[Parkz News]

Village Roadshow has sold their Gold Coast land but the theme parks are staying put

The land that is home to Warner Bros. Movie World, Wet'n'Wild and Australian Outback Spectacular has been sold, but these theme parks will be around for generations to come.

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[New display name]

I plan to live another 90 years so what happens after 90 years?.  

[GoGoBoy]

I’m pretty sure in business terms a 90 year lease basically translates to ‘forever’.

[Levithian]

If their expansion plans pay off, it could be a good way to free up capital now without having to borrow money for the next stage of development. Share price goes up, business expands, turnover increases along with their borrowing potential, maybe look at buying the land back in the future?

Edited December 22, 2017 by Levithian