LONDON-Picking up on recent trends, Miller Group has snapped up rival homebuilder Fairclough from Dallas-based Centex Corp. for euro 391 million ($476 million). The new owner shrugs of concerns that the market might not be right for such a buy.

LONDON-Picking up on recent trends, Miller Group has snapped up rival homebuilder Fairclough from Dallas-based Centex Corp. for euro 391 million ($476 million). The new owner shrugs of concerns that the market might not be right for such a buy.

LONDON-US property fund Westbrook finally exchanges contracts with Westminster Council to buy Dolphin Square in London's Pimlico, the apartment block that has been home to spies, politicians and members of the Royal Family.

LONDON-US property fund Westbrook finally exchanges contracts with Westminster Council to buy Dolphin Square in London's Pimlico, the apartment block that has been home to spies, politicians and members of the Royal Family.

LONDON-US venture capitalist Doughty Hanson has made a 38% gross rate of return on the euro 166-million ($204-million) sale of the ITN building in Gray Inn Road.

LONDON-US venture capitalist Doughty Hanson has made a 38% gross rate of return on the euro 166-million ($204-million) sale of the ITN building in Gray Inn Road.

LONDON-Strategic Real Estate Advisors is set to manage a portfolio of more than three million sf in Southern USA on behalf of a European family trust. The firm's leader believes that in a decade, Spanish, French and Irish investors could be among the biggest foreign buyers of American real estate.

LONDON-Strategic Real Estate Advisors is set to manage a portfolio of more than three million sf in Southern USA on behalf of a European family trust. The firm's leader believes that in a decade, Spanish, French and Irish investors could be among the biggest foreign buyers of American real estate.