Last Updated: July 21, 2005 07:24am ET
UK Govt. Gives Go-Ahead for $3B Port Scheme
LONDON-P&O, a major developer of container ports, has been given the go-ahead for the UK’s largest container port. The euro 2.15-billion ($2.62-billion) development will regenerate 1,500 acres of the former Shell Haven oil refinery and include a 700-acre logistics and business park.
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Distressed CRE Continues to Ebb
WASHINGTON, DC-A forthcoming report from Delta Associates shows that distressed commercial real estate in the United States totaled $166.9 billion in January 2012, down $4.7 billion since October 2011.



