LONDON-1980s property stars Sir John Mactaggart and David King have joined forces again to buy a 64,238 sf City of London investment. The duo have bought NPI's long leasehold interest in 11 Old Jewry, London, EC2.

LONDON-US-based facilities manager Gale & Wentworth has stepped up its presence in the UK market with a major contract win for GlaxoSmithKline's global headquarters now nearing completion in Brentford, West London.

LONDON-Office rental growth is continuing across the UK, according to the latest 50 Centres report from Jones Lang LaSalle. But the pace of growth in the key M4 Corridor market is slowing.

LONDON-Office rental growth is continuing across the UK, according to the latest 50 Centres report from Jones Lang LaSalle. But the pace of growth in the key M4 Corridor market is slowing.

LONDON-Quoted agent Fletcher King saw both turnover and profits fall in the year to 30 April 2001, underlining fears of a downturn in the commercial property sector.

LONDON-The new headquarters of the Greater London Authority was topped out by Minister for London Nick Raynsford last week. He hailed the structure, designed by Lord Foster as: 'An exceptional building for an exceptional city.'

Mapeley has started marketing 155,000 sf in the Euston Tower - the largest block of space available in London's West End. The letting campaign will be watched as a measure of current occupier demand.

LONDON-CB Hillier Parker's latest UK Rent and Yield Monitor shows property values falling in West End offices and high street retail. Occupier demand is patchy and rental values have eased back in some markets.