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20-Sep-2011 03:12 PM

Terrace Hill gets planning recommendation for Sainsbury's supermarket

UK property development and investment group Terrace Hill has received a planning recommendation for a 30,000 sq ft Sainsbury's supermarket in Whitchurch, Shropshire. The application was unanimously supported at a planning meeting on 13 September a
07-Sep-2011 07:53 AM

Terrace Hill Group wins planning recommendation for two foodstores

Terrace Hill Group, the UK property developer has received a minded to grant recommendation with regard to two of its current planning applications, a Sainsbury's supermarket at Riverside Road in Sunderland and an Asda supermarket in Skelton, East Cl
28-Jun-2011 07:37 AM

Terrace Hill acquires Durham site

Terrace Hill Group, the UK property developer and investment group, has exchanged contracts to acquire a development site in Sedgefield, County Durham. The site extends to 7.1 acres and the acquisition is subject to obtaining planning for a 50,000 sqft
08-Jun-2011 07:36 AM

Terrace Hill expands foodstore portfolio

Terrace Hill Group the UK property developer and investment group, announces that it has further expanded its foodstore development portfolio, having exchanged contracts to acquire the Longfield shopping precinct, in Prestwich, in a joint venture with Alt
25-May-2011 09:08 AM

Strong operational performance from Terrace Hill

Terrace Hill Group plc, the UK property investment and development group, has announced revenue profit (profit before tax excluding results from joint venture and associated undertakings, valuation movements and one-off financing costs) of £7.1mn (compare
25-Mar-2011 09:59 AM

Terrace Hill lets more space at Maidenhead office scheme

Property development and investment company Terrace Hill Group plc has secured two new lettings at Quantum, its Maidenhead office scheme, generating additional annualised income of more than £0.485m. The lettings total about 19,000 sq ft, comprising the
08-Dec-2010 09:07 AM

Terrace Hill EPRA NAV rises 7.2%

Property developer and investor Terrace Hill Group plc reported a pre-tax profit of £8.4m for the 11 months to September 30, compared with a loss of £26.7m for the year to end-October 2009. EPRA net asset value per share rose 7.2% to 48.3p from 45.1p. R
06-Dec-2010 10:33 AM

Terrace Hill sells Victoria building for £53.5m

Property developer and investor Terrace Hill Group plc has agreed the sale of 129 Wilton Road, Victoria, for £53.5m to Cordea Savills European Commercial Fund, reflecting a net initial yield of 5.78%. The sale is due to complete before the end of Decembe
27-Oct-2010 10:09 AM

New supermarket deal for Terrace Hill

Property group Terrace Hill has exchanged contracts with Sainsbury's, conditional on planning, for a supermarket development in Whitchurch, Shropshire. It plans to submit an application this year for a supermarket comprising 30,000 sq ft of net sal
06-Oct-2010 10:01 AM

Terrace Hill to build Sunderland store for Sainsbury

Property development and investment group Terrace Hill has signed a pre-lease and development agreement with Sainsbury's to build a 60,000 sq ft supermarket in Sunderland. CEO Philip Leech said the development 'is a substantial scheme that for
17-Sep-2010 09:36 AM

Terrace Hill in £5m business park deal

Property development and investment group Terrace Hill has sold part of its Christchurch Business Park, Dorset, to Kondor Ltd as part of a deal worth £5m. The company has agreed to construct a warehouse on the site for occupation by the new owner, a lead
29-Jun-2010 04:36 PM

Director Deals - Terrace Hill Group Plc (THG)

Jonathan Austen, Financial Director, bought 30,000 shares in the company on the 29th June 2010 at a price of 17.95p. The Director now holds 180,000 shares. NOTE: For SIPP Story provided by StockMarketWire.com...
29-Jun-2010 11:53 AM

Terrace Hill NAV up 2.9% in H1

Property group Terrace Hill reported a 2.9% rise in adjusted diluted NAV for the six months to end-April, to 45.9p from 44.6p. Profit before tax was £0.7m compared with a loss of £26.2m for the year ended October 2009 and £30.3m for the previous first-h
14-Jun-2010 01:09 PM

Terrace Hill sets date for interims

Property development and investment group Terrace Hill will announce results for the half year to the end of April on 29 June. Story provided by StockMarketWire.com...
07-May-2010 09:13 AM

Terrace Hill says office letting will boost shareholder value

Property development and investment group Terrace Hill says letting of office space at Victoria, London, will add significantly to shareholder value. The group has let a further 24,352 sq ft of office space at its eight-storey mixed use development, 129
10-Mar-2010 10:51 AM

Terrace Hill acquires two new supermarket sites

Property development and investment group Terrace Hill has exchanged conditional contracts to acquire two new sites for supermarket developments in Sunderland and Whitchurch, Shropshire. The group has also submitted a planning application to redevelop
10-Mar-2010 08:45 AM

Terrace Hill sees second-half pick-up

Property development and investment group Terrace Hill reported an adjusted pre-tax profit before property provisions of £2.6m for the year to October 31, up from the previous £1.0m. Adjusted diluted NAV fell by 22.7% to 44.6p per share. Triple NAV was
10-Mar-2010 07:32 AM

Terrace Hill adjusted PTP £2.6m vs £1.0m

Story provided by Business Financial Newswire...
19-Feb-2010 09:18 AM

Terrace Hill lets more Eastbourne units

Property group Terrace Hill has completed more than 18,000 sq ft of lettings at Brampton Business Park, Eastbourne, producing an annual income of over £140,000. The 17-unit park is now 96% occupied, with one unit remaining. The group has also secured
27-Nov-2009 09:26 AM

Terrace Hill sells Covent Garden development stake for £16m

Terrace Hill Group has sold its freehold interest in the Kean House development in Covent Garden to a UK institution for £16m, representing a net initial yield of 6.4%. CEO Philip Leech said the sale showed strong demand for good quality, well-managed ...
23-Nov-2009 08:30 AM

Terrace Hill completes refinancing

Property investment group Terrace Hill has completed £39.3m of refinancing announced at its interims. A total of £35.12m of loans have been refinanced by a major European bank with a revised maturity of 30 September 2011. The remainder consists of a loa...
26-Oct-2009 10:47 AM

Terrace Hill signs food store deal with Aviva

Property developer Terrace Hill has completed a forward funding agreement with Aviva for development and sale of a 92,333 sq ft Sainsbury's food store in Bishop Auckland. The property has been pre-let to Sainsbury's on a 25-year lease at an initial rent...

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