Completion of

Terrace Hill Group plc (AIM: THG), a leading UK property development and investment group, announces that it has completed a forward funding agreement with Aviva Investors Pensions Limited for the development and sale of the 92,333 ft² (approx. 8,500 m²) Sainsbury's food store at its retail and leisure scheme at Tindale Crescent, Bishop Auckland, County Durham.

The property has been pre-let to Sainsbury's on a 25-year lease at an initial rent of

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