THG Thg Plc

 

TIDMTHG 
 
 
Terrace Hill Group PLC 
29 June 2009 
 
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29 June 2009 
 
 
TERRACE HILL GROUP PLC 
("Terrace Hill" or the "Company") 
 
 
 
 
TERRACE HILL GROUP SECURES LETTING TO AFEX 
 
 
AT 129 WILTON ROAD, VICTORIA 
 
 
 
 
Terrace Hill Group plc (AIM: THG), a leading UK property development and 
investment group, today announces that it has secured a letting to Associated 
Foreign Exchange Inc ("AFEX") for the entire fifth floor of its 129 Wilton Road 
office development in London, SW1. 
 
 
Relocating from St James' Square, AFEX, the global foreign exchange service 
provider, has taken 8,100 sq ft at the building on a 10-year lease, at a total 
rent of GBP364,500 per annum, as its new London headquarters.The new letting 
follows E.ON's relocation of its UK headquarters to the building, occupying 
19,857 sq ft over three floors, signed in September 2008. 
 
 
129 Wilton Road is a 62,000 sq ft Grade A office redevelopment, completed in 
March 2008. Arranged over eight storeys of offices and including ground floor 
retail space and a 12-storey residential block to the rear, the mixed-use 
scheme, which is located in the heart of Victoria opposite Victoria Station, 
offers some of the best available Grade A office accommodation in the area. 
Following this latest letting, 50% of the floors within the office component of 
the scheme have now been let, with four floors of approximately 8,000 sq ft 
remaining. 
 
 
Commenting on the letting, Philip Leech, Chief Executive of Terrace Hill, said: 
 
 
"This letting, in a challenging market, is an endorsement of the high quality of 
our development in Wilton Road, Victoria. It further demonstrates our ability to 
continue to attract tenants to our buildings in the face of stiff competition 
and add value across our development portfolio and for our shareholders." 
 
 
- Ends- 
For further information, please visit www.terracehill.co.uk or contact: 
Terrace Hill                                Tel: 020 7631 1666 
 Philip 
Leech/Jon Austen 
Oriel Securities (Nominated Adviser) Tel: 020 7710 7600 
Richard Crawley 
Daniel Conti 
Financial Dynamics                        Tel: 020 7831 3113 
Stephanie 
Highett/Olivia Goodallterracehill@fd.com 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 NRABDLBLKQBXBBB 
 

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