TOKYO-New figures show land prices in Japan rose in 2005 for the first time since the bubble burst in the late 1980s. This is due largely to steady economic growth, strong demand from foreign investors for property and an increased willingness of banks to lend.

LONDON-Brixton Estates sells a euro 671-million ($851.7-million) industrial portfolio to Dunedin Property Ltd. as part of its strategy of focusing on its core portfolio. This is mainly in west London and near Heathrow Airport.

LONDON-Brixton Estates sells a euro 671-million ($851.7-million) industrial portfolio to Dunedin Property Ltd. as part of its strategy of focusing on its core portfolio. This is mainly in west London and near Heathrow Airport.

LONDON-Host Hotels has completed the first REIT acquisition and financing of hotels in Europe. The deal involved the purchase of eight hotels for $621 million.

LONDON-Host Hotels has completed the first REIT acquisition and financing of hotels in Europe. The deal involved the purchase of eight hotels for $621 million.

LONDON-Hammerson, long a fan of the REIT structure, plans to be first in line when the UK government gives the final thumbs up. And the line is getting longer.

LONDON-Hammerson, long a fan of the REIT structure, plans to be first in line when the UK government gives the final thumbs up. And the line is getting longer.

BAHRAIN-Bahrain Bay Development and CapitaLand form a joint venture to develop a $600-million, mixed-use project in the District Centre. The scheme will comprise 230,000 sm or 20% of the total $1.5 billion project near Manama.