LONDON-Banks are becoming more cautious about property lending, according to a new survey from Jones Lang LaSalle and Investment Property Databank. Speculative development finance accounts for no more than one per cent of all new loans.

LONDON-Duke Street Holdings has put the landmark Billingsgate fish market in the City on the market. The Thames-side Victorian building was refurbished as offices in the 1980s and leased to Citibank but never occupied.

LONDON-The Prudential Assurance Company has bought a substantial stake in Equiton, the specialist industrial fund set up by Brixton and Equitable Life. The fund is now in the market for more multi-let industrial estates.

LONDON- McKay Securities has bought the freehold of 5 Old Queen Street and 6 Storeys Gate in London's Westminster.

LONDON-A new survey of RICS members points to a significant fall in occupier demand for commercial property, with a majority of members reporting a decline. The office and retail markets, particularly in London, have been hardest hit.

LONDON-A new survey of RICS members points to a significant fall in occupier demand for commercial property, with a majority of members reporting a decline. The office and retail markets, particularly in London, have been hardest hit.

LONDON-Jones Lang LaSalle has mounted a spirited defence of the Central London office market, pointing out that demand is still higher than it was a year ago. Rents in the City district have risen by 9% so far this year.

BARCELONA- A tight supply of offices has driven up rents by 10% since the beginning of the year and a similar rise is expected in the second half, according to CB Richard Ellis.