LONDON-The Welsh Assembly has given the green light to proposals for a pounds 160 million ($254.7 million) sports, retail and residential scheme at the new stadium for Cardiff City Football Club.

LONDON-Carlyle's inaugural London buy delivers 125,000 sf of office space and 50,000 sf of retail. It has bought the 175,000-sf 107 Cheapside from AXA Sun Life.

LONDON-Carlyle Group's inaugural London acquisition delivers 125,000 sf of offices and 50,000 sf of retail in the shape of the 175,000-sf 107 Cheapside from AXA Sun Life.

LONDON-Chelsfield chairman Elliott Bernerd said this morning he hoped to make an MBO bid for the company by the middle of next month.

LONDON-Carlyle Group has made its UK debut with a pounds 67 million ($106.1 million) acquisition in the City. It has bought the 175,000-sf 107 Cheapside from AXA Sun Life.

LONDON-Chelsfield chairman Elliott Bernerd said this morning he hoped to make an MBO bid for the company by the middle of next month.

LONDON-USS has secured outline consent to expand the Gyle shopping centre in Edinburgh by 30,000 sq ft.

LONDON-Shares in Canary Wharf rallied this morning on speculation of a takeover bid from the mastermind behind the original development in the 1980s.