The present invention relates to a heat shrink film for encapsulating articles comprising a core layer having an upper surface and a lower surface, a first skin layer on the upper surface of the core layer, and a second skin layer underlying the lower surface of the core layer, wherein the core layer comprises a blend of (i) at least one polyterpene and (ii) a syndiotactic polypropylene or a cyclic olefin copolymer, wherein the ultimate shrinkage of the film is at least 25% at 135° C.