Terrace Hill Group

www.terracehill.co.uk TICKER: THG     EXCHANGE: AIM

Terrace Hill (THG) is a regionally based UK property company listed on the AiM market. Formed over 20 years ago, it is a development and investment group. The group has offices in London, the North East, the South West and Scotland, offering national presence with local knowledge. It is involved in Business Parks & Offices, Industrial Parks & Units, Retail Schemes, Commercial Investments, Residential Investments, Strategic Land and Education. It aims to maximise shareholder returns through consistent growth in underlying assets by using: - it's development skills to create value - vigorous asset management - efficient and flexible financing - a rigorous approach to managing risk - an entrepreneurial, professional and experienced team.


Clear property winner
Published: Apr 07 2010

Very modest valuation of shares:
   57% discount to adjusted NAV
   53% discount to Triple NAV

Sound financial footing: refinancings agreed

Strong position in Commercial segment, notably in Food Store development


Foreign buyers gorging on UK stocks

Document can be downloaded here: UK plc ‘going for a song’

Being a shareholder in a company that receives a juicy takeover offer is a marvellous feeling. Something that many fortunate investors have experienced over the past 3 years. Thanks to a spate of M&A bids by deep pocketed overseas buyers – partly triggered by the June 2016 Brexit result, which sent the £ tumbling and adversely affected the FTSE.

Consequently today, given this trend is unlikely to end anytime soon, we’ve highlighted 30 possible acquisition ideas in the attached research paper. Spilt equally between large and smallcap stocks – covering a broad selection of industries.

What’s more we believe most of these businesses are underpinned by strong fundamentals and substantial upside in the event of predatory interest.

According to Factset Mergerstat/BVR, the average bid premium paid for such deals between 2004-14 was 30% – with the figure trending upwards since the global financial crisis.

Happy investing. Published 27th August 2019