LONDON-Saudi billionaire Prince Alwaleed bin Talal has snagged the Savoy Hotel for about £250 million. This is the second time the trophy building has changed hands in nine months.

LONDON-Liberty International is to raise euro 855 million ($1.1 billion) through a commercial mortgage backed securities. The loan will be secured against Liberty's largest asset, the MetroCentre shopping centre in Gateshead.

LONDON-Liberty International is to raise euro 855 million ($1.1 billion) through a commercial mortgage backed securities. The loan will be secured against Liberty's largest asset, the MetroCentre shopping centre in Gateshead.

LONDON-Pacific Quay Developments is planning a euro 210-million ($280-million) extension to its 350,000-sf mixed-use scheme in Glasgow. The proposals form part of the next phase of a massive regeneration project on the banks of the River Clyde.

LONDON-Pacific Quay Developments is planning a euro 210-million ($280-million) extension to its 350,000-sf mixed-use scheme in Glasgow. The proposals form part of the next phase of a massive regeneration project on the banks of the River Clyde.

LONDON-BAA, owner of Gatwick and Heathrow Airports, could raise several hundred million pounds from a proposed property sale, the company revealed last night. The JV will also focus on value-added sales of those assets.

LONDON-BAA, owner of Gatwick and Heathrow Airports, could raise several hundred million pounds from a proposed property sale, the company revealed last night. The JV will also focus on value-added sales of those assets.

LONDON-Property syndicate Active Asset Investment Management has sold a landmark city block to a consortium of private Irish investors for euro 228.4 million ($302 million). The syndicate is backed by Sir Alex Ferguson, manager of Manchester United Football Club and several top footballers.