LONDON-David Tye, chairman of central London specialist Rugby Estates, has called the bottom of the central London office market.

LONDON-Brewer Scottish & Newcastle has sold its pubs, restaurants and hotels business to the Spirit Amber Bidco consortium for pounds 2.5 billion ($4.2 billion).

LONDON-Canary Wharf chairman Paul Reichmann has announced his intention to form a consortium of investors to bid for the company he founded.

LONDON-Regional Development Agency Advantage West Midlands and Coventry council have launched a public consultation on proposals to regenerate a major site north of Coventry city centre.

LONDON-Irish developer Niall J Mellon has unveiled plans for a pounds 40 million ($66.1 million) residential tower on the waterfront at Swansea, South Wales.

LONDON-Real estate entrepreneur Robert Tchenguiz has emerged as the silent partner in a syndicate set up to buy 137 NCP car parks for $1 billion. He joins Israeli investor Igal Ahouvi.

LONDON-Property consultancy Donaldsons has bought a 40% stake in PMP, the management consultancy specialising in the sport and leisure sector.

LONDON-Property entrepreneur Robert Tchenguiz has emerged as the silent partner in a syndicate set up to buy 137 NCP car parks for pounds 620 million ($1 billion).