LONDON-Economic growth in the UK slowed dramatically in the first quarter of 2001, but Knight Frank says UK commercial property remains well placed to ride out a potential downturn.

LONDON - Economic growth in the UK slowed dramatically in the first quarter of 2001, but Knight Frank says UK commercial property remains well placed to ride out a potential downturn.

LONDON-Friends Ivory & Sime Property Asset Management has bought 84 Eccleston Square, London SW1 from Portfolio Holdings.

LONDON - Castlemore Securities has completed the funding for its retail scheme at Gallions Reach, Beckton, in East London.

LONDON - Swedish furniture giant Ikea has secured two more UK sites, in Sheffield and Southampton, as part of its strategy of tripling its UK chain to 30 stores.

LONDON - Land Securities has bought the Almondvale Retail Park in Livingston, Scotland, from Lattice Group Pension Scheme.

LONDON-The United Kingdom remains Europe's favourite destination for foreign investment according to Ernst & Young. But it is over reliant on the United States, and on the volatile TMT sector, the accountants found.

LONDON - Dutch investor ING has agreed to fund Laing Property's town centre scheme in Enfield, north London.