AIM-listed property group Terrace Hill has been granted planning permission to build two office buildings at the Vanwell business park in the south-eastern town of Maidenhead in England. Completion of this two Class A office buildings is scheduled for March 2008.

AIM-listed property group Terrace Hill has been granted planning permission to build two office buildings at the Vanwell business park in the south-eastern town of Maidenhead in England. Completion of this two Class A office buildings is scheduled for March 2008.

The properties, providing some 11,148 m2 of space, have been acquired for £9.5 mln, and are expected to have an end-value of £50m, Terrace Hill said in a press release.