CANNES-King Sturge has opened an associated office in Athens called King Hellas with a staff of 18. Elias Ziogas will run it.

CANNES-Ken Livingstone has big ambitions for his Congestion Charge. In a speech at the MIPIM property show in Cannes, France, he announced he wants to double the existing zone in central London

CANNES-Deutsche Bank subsidiary DB Real Estate Germany came to the MIPIM property show in Cannes, France, this week, with 2.8-billion-euro ($3 billion) to spend

CANNES-Steven Podolsky, principal of Chicago based investor and realtor Podolsky Northstar, has signed a $20 million deal to buy the Concourse Office Plaza in the Chicago, Illinois, suburb Skokie

CANNES- The Society of Industrial and Office Realtors chief economist says the outlook for the United States is excellent. Dr Jim Smith predicts a revival in office rents backed by a 4.2-pc GDP growth in 2003

LONDON-The board of Six Continents has rebuffed an unsolicited bid from British restaurant entrepreneur Hugh Osmond. The five-billion pound ($7.9 billion) offer marks the first firm bid to come in for takeover-target 6C.

CANNES-A new report confirms that London has retained its position as the world's most expensive office location. Cushman & Wakefield Healey & Baker says that prime office rents fell by an average 7-pc in 2002

CANNES-Office occupation costs dropped an average 1.8% across the world in 2002. That's the conclusion of a new report on global rents from King Sturge