LONDON-British Land and Land Securites have bought Princes Square and Southgate in East Kilbride Shopping Centre for euro 86.6 million ($112.6 million), creating one of the largest shopping centers in the UK and the largest in Scotland.

LONDON-New ProLogis lettings top 500,000 sf. The newly minted deals include its first deal with the Co-operative Group.

LONDON-New ProLogis lettings top 500,000 sf. The newly minted deals include its first deal with the Co-operative Group.

LONDON-An international consortium comprising Hyatt International, PGA and the Irish company XCES Projects has unveiled plans for a euro 200-million ($262.5-million) tourist resort on a 650-acre site near Kinsale, County Cork.

LONDON-UK based gaming and bingo operator Gala Group has unveiled that its euro 1.3-billion ($1-billion) joint venture with Harrah's Entertainment to develop resort casinos in the UK has ended. The JV is the first casualty of the decision by the government to restrict the number of super casinos to eight.

LONDON-The West End of London remains the world's most expensive office location, and Western European cities occupied seven of the Top 10 locations in the world. The increase in costs in these locations was partly due to the weak dollar and the strong pound and euro.

LONDON-MedGroup, the fund backed by George Soros, has paid shipping group P&O 146 million euros ($195.6 million) for La Manga, the exclusive sports and leisure resort in Spain. The buyer is understood to have faced stiff competition for the trophy asset from a range of US, Japanese and Irish bidders.

HONG KONG-A Hong Kong court said today that it could not force a 67-year-old pensioner to proceed immediately with a legal challenge to the $3-billion IPO of the world's biggest REIT.