Nederlander, the US owner of the West End’s Dominion Theatre, one of London’s biggest theatres, has acquired the freehold of the building from its landlord.
The purchase of the freehold of the Dominion Theatre has been supported by a multi-million-pound loan from Lloyds Bank.
Nederlander have wanted to own the freehold of the Dominion for decades, and have been heavily investing in the Grade II-listed art deco venue, including updating the backstage area, creating a modular stage and introducing a new flying system that can hold over 40 tonnes of stage props and settings.
The venue opened in 1929 and is one of the West End’s largest theatres with 2,100 seats. Over 60,000 theatregoers visit the Dominion every month.
New York’s Nederlander Theatres own 9 venues on Broadway, and also the Aldwych Theatre in London, along with co-ownership of London’s Adelphi Theatre Andrew Lloyd Webber’s LW Theatres.
The Dominion is currently hosting Helen George in The King and I until 2 March 2024, followed by a summer run of Sister Act The Musical starring Beverley Knight, from 15 March 2024. Later in the year the venue will host Elton John’s new musical The Devil Wears Prada starring Vanessa Williams, from 24 October 2024.
Other long-runners at the Dominion include We Will Rock You, which played there for 12 years.
Jerry Katzman, CEO at the Dominion Theatre, said in a statement: “Our landlords were very understanding and have supported our efforts to invest in the Dominion, but owning it outright means we can continue to invest and operate in the way that will create the very best shows and experiences for our visitors. The Nederlander family has been in the theatre business continuously since 1912. It’s their passion to keep theatres in the industry and restore them to their iconic magnificent grandeur. We now have the base to press on with that ambition, and the Dominion’s ready to deliver unmissable shows for generations to come.”
Delcan Mulcahy, technology, media, and telecoms sector head – mid-corporate at Lloyds Bank, said: “London’s West End is a huge draw for culture vultures from not just the UK, but across the whole world. The Dominion is at the heart of that, and the purchase helps protect a vital cultural asset in London. The team behind the theatre have a clear vision and owning the freehold has been a major strategic objective for decades. We’re proud to have helped the Dominion achieve that, and we remain by the side of creative businesses across London to dream big, be ambitious and deliver show-stopping growth.”
Book tickets to Sister Act The Musical
Book tickets to The Devil Wears Prada
Related News
First look photos of Teri Hatcher as Miranda Priestly in The Devil Wears Prada in the West End
First look photos of Teri Hatcher and the cast in rehearsals for The Devil Wears Prada The Musical in the West End
The Devil Wears Prada new West End production photos released
Peter Andre returns to the West End in 2026 with The Best of Frankie Valli and the Four Seasons
Latest News
Everything you need to know about The Traitors: Acts of Betrayal in London
Nina Raine’s sweeping new adaptation of Middlemarch arrives at the RSC: See brand-new images from the production
What to expect from Pride the Musical ahead of highly anticipated transfer to the Bridge Theatre
