LONDON--European investors should be wary of the US property market for the next two years, a senior banking figure has warned. Concern centers on the flooding of investor demand, falling yields, a depreciating dollar and investment taxes.

LONDON-Five American cities top the table of the most attractive destinations for international investment in offices, according to new research unveiled at a European property conference.

LONDON-The European Commission has approved the euro 1.46-billion ($1.89-billion) acquisition of 73 Intercontinental hotels by a consortium led by Lehman Brothers. The purchase had been referred to the EC because the size of the deal triggered anti-trust concerns with the bureaucrats in Brussels.

LONDON-The European Commission has approved the euro 1.46-billion ($1.89-billion) acquisition of 73 Intercontinental hotels by a consortium led by Lehman Brothers. The purchase had been referred to the EC because the size of the deal triggered anti-trust concerns with the bureaucrats in Brussels.

LONDON-Liberty International has raised euro 1.04 billion ($1.34 billion) through a CMBS issue secured on two of its shopping centers--the Braehead in Scotland and the Harlequin in Watford. The company has now raised euro 2.87 billion ($3.68 billion) through CMBS vehicles over the past 18 months.

LONDON-Liberty International has raised euro 1.04 billion ($1.34 billion) through a CMBS issue secured on two of its shopping centers--the Braehead in Scotland and the Harlequin in Watford. The company has now raised euro 2.87 billion ($3.68 billion) through CMBS vehicles over the past 18 months.

LONDON-The expected recovery in European office rents has failed to materialize. New figures show that overall rental growth fell for a third consecutive quarter in Q1 because of sluggish economic expansion.

LONDON-The expected recovery in European office rents has failed to materialize. New figures show that overall rental growth fell for a third consecutive quarter in Q1 because of sluggish economic expansion.