Entertainment Properties Trust's focus on movies pays off

02/24/2010 | Wall Street Journal, The

Entertainment Properties Trust is posting a strong performance now that it has refocused on its core entertainment strategy. In December the REIT acquired 15 movie theaters for $121 million. "As long as there are children that want to get away from their parents and parents that want to get away from children, you're always going to have a healthy movie industry," Entertainment Properties CEO David Brain says.

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