LONDON-Prudential has paid euro 63.2 million ($81.6 million) for Temple Quay House at Temple Quay in Bristol in one of the largest office investments in the city this year.

SYDNEY-Stockland, Australia's third-largest listed property trust, has launched a rival bid of A$7.46 billion (US$5.65 billion) for General Property Trust (GPT). The move threatens drawn-out attempts by Lend Lease to merge with GPT and may well ignite a bidding war.

LONDON-Brixton is set to become the UK's biggest industrial owner with the purchase of Industrious Holdings for euro 858.9 million ($1.1 billion). The acquisition forms part of a strategy to widen Brixton's geographic spread.

LONDON-Great Portland, the quoted Central London buildig owner, has sold the shop to a private Irish investor for euro 71.8 million ($92.3 million). GPE transactions over the past few years now total $608 million.

LONDON-Great Portland, the quoted Central London buildig owner, has sold the shop to a private Irish investor for euro 71.8 million ($92.3 million). GPE transactions over the past few years now total $608 million.

LONDON-Great Portland, the quoted Central London landlord, has sold a shop in New Bond Street, London, to a private Irish investor for euro 71.8 million ($92.3 million).

LONDON-The UK's oldest arcade and one of the most exclusive shopping locations has been put up for sale by the Prudential with an euro 80.8-million ($103.4-million) price tag. The UK-based pension fund is selling Burlington Arcade in London as part of a review of its euro 18.04-billion ($23.09-billion) property portfolio.

LONDON-International property adviser FPDSavills plans to drop the FPD and bring all its subsidiaries under the umbrella of Savills. The company has a full listing on the London Stock Exchange under Savills.