LONDON-Property magnate Leo Noe is weighing up a pounds 410 million ($696.9 million) bid for specialist London office developer, Derwent Valley Holdings.

LONDON-Brascan Corporation is at the centre of speculation that it is set to make a hostile bid for Canary Wharf after the Canadian conglomerate secured further shareholder support for its offer.

LONDON-British Land has bought out Great Universal Stores' share in a property joint venture for pounds 160 million ($260 million). The deal Gives BL full control of a $450 million property portfolio.

LONDON-Troubled serviced office provider Regus has plans for a pounds 55 million ($93 million) refinancing to pay off its creditors, which will see its US operation come out of Chapter 11 protection.

LONDON-Quintain Estates & Development has added to its landbank near the Millennium Dome in Greenwich with the acquisition of a distribution plant from brewer Carlsberg-Tetley.

LONDON-A bidding war pitching three of the biggest names in the UK property markets against each other is threatening to break out over Chelsfield.

LONDON-Stannifer has signed up department store operator House of Fraser to anchor a major retail scheme in the centre of High Wycombe, Buckinghamshire.

LONDON-Crown Estate, the company that owns and manages properties that used to below the monarch, has appointed a new development surveyor to manage its Regent Street estate in London.