LONDON-The UK capital remains the world's most expensive office location, according to DTZ, with a single workstation in a prime West End location costing $16,682 per year. Paris remains the second most expensive place to work.

COOL SPRINGS,TN-Boyle Investments of Memphis, TN and Northwestern Mutual Life of Milwaukee have paid $36 million for 280,000 sf of multi-tenanted office space at the Corporate Centre here.

NEW YORK-Sale-leaseback specialist WP Carey has completed three more transactions totalling $45 million, including its first German acquisition. The sale-leaseback transactions involved more than 515,000 sf.

LONDON-The McKenzie LP has sold a multi-let office building at 75 Mosley Street, Manchester to a private equity fund for pounds 4.7 million ($8.5 million), reflecting a net initial yield of 8.1%.

LONDON-Amid new evidence that UK house prices rose by 15% in 2003, the RICS is forecasting a further slowdown in the market during 2004, with an expected 6% increase in house prices. But it says the feared house market crash will not materialise.

LONDON-Equity Partnerships, Teesland's fund management division, has joined forces with Insight Investment Management, on behalf of Clerical Medical, to launch a new pounds 150 million ($270 million) student accommodation fund.

LONDON-German open-ended fund Commerz Grundbesitz Investmentgesellschaft has signed a pounds 1.4-billion ($2.4-billion) forward purchase of Chelsfield's million-sf White City shopping mall in West London.

LONDON-German open-ended fund Commerz Grundbesitz Investmentgesellschaft has signed a $2.4-billion forward purchase of Chelsfield's million-sf White City shopping mall in West London.