LONDON-The Abu Dhabi royal family signs into the biggest-ever commercial property investment deal in London's West End. Lancer, the family's asset management company, will pay more than euro 631 million ($740 million) for the Coal Pension Fund's 33 Cavendish Square, W1. The price reflects a yield of around 4%.

LONDON-The Abu Dhabi royal family signs into the biggest-ever commercial property investment deal in London's West End. Lancer, the family's asset management company, will pay more than euro 631 million ($740 million) for the Coal Pension Fund's 33 Cavendish Square, W1. The price reflects a yield of around 4%.

LONDON-Land Securities has let a further 41,400 sf of office in New Fetter Lane to Deloitte. The deal gives the management consultants about 250,000 feet on the city fringe.

LONDON-Land Securities has let a further 41,400 sf of office in New Fetter Lane to Deloitte. The deal gives the management consultants about 250,000 feet on the city fringe.

LONDON-Speculation is growing that Multiplex might have to cut back its development program and make further disposals from its euro 6.55-billion ($5.47-billion) UK portfolio. This follows news that projected construction overruns at Wembley Stadium could be revised upward by at least 50% to euro 111 million ($132 million).

LONDON-Speculation is growing that Multiplex might have to cut back its development program and make further disposals from its euro 6.55-billion ($5.47-billion) UK portfolio. This follows news that projected construction overruns at Wembley Stadium could be revised upward by at least 50% to euro 111 million ($132 million).

LONDON-Speculation is growing that Multiplex might have to cut back its development program and make further disposals from its euro 6.55-billion ($5.47-billion) UK portfolio. This follows news that projected construction overruns at Wembley Stadium could be revised upward by at least 50% to euro 111 million ($132 million).

LONDON-Retail property is facing its toughest market in decades, and retailers are becoming more selective about choosing stores. The effect could make much of the current development pipeline of 50 million sf redundant.