LONDON-The European Commission has declined to rule on Blackstone Group's planned acquisition of NHP PLC and referred the matter back to the UK regulatory authorities.

BRUSSELS-Locally based Cofinimmo has ruled out expansion abroad. Instead, the REIT, which has the seventh largest office portfolio in Europe, will focus its attention on central Brussels.

BRUSSELS-Locally based Cofinimmo has ruled out expansion abroad. Instead, the REIT, which has the seventh largest office portfolio in Europe, will focus its attention on central Brussels.

LONDON-Canary Wharf and Ballymore Properties have been selected as developers of the euro 3-billion ($3.8-billion ) Wood Wharf regeneration project on the Isle of Dogs. This is the first time Canary Wharf has developed outside its original estate and its first major development since privatizing.

LONDON-Canary Wharf and Ballymore Properties have been selected as developers of the euro 3-billion ($3.8-billion ) Wood Wharf regeneration project on the Isle of Dogs. This is the first time Canary Wharf has developed outside its original estate and its first major development since privatizing.

LONDON-Minerva has pulled out of prolonged takeover talks. Officials of the firm, who last year were hoping for acquisition bids of €894 million ($1.1 billion), say now that the proposed bids did not properly reflect the value of the properties it owns.

LONDON-Minerva has pulled out of prolonged takeover talks. Officials of the firm, who last year were hoping for acquisition bids of €894 million ($1.1 billion), say now that the proposed bids did not properly reflect the value of the properties it owns.

LONDON-Fresh on the heels of its sale of London's Savoy Hotel, trophy hotel owner Quinlan Private forms a super-luxury hotel company called the Maybourne Hotel Group. The group will own and manage the Berkeley, Claridge's and the Connaught. It is also actively seeking to buy or develop luxury hotels around the world.