LONDON-Bristol office rents are hold up well, according to new research from Atis Real Weatheralls. A shortage of supply is underpinning rental values, and there could even be potential for speculative development.

LONDON-Warner Estate has made another acquisition for its regional office fund, set up earlier this year with Royal Bank of Scotland. It has paid pounds 14.8 million ($21.3 million) for a 54,000-sf office building in Manchester.

LONDON-Stannifer has won planning consent for Project Phoenix, its 635,000-sf retail-led regeneration scheme in High Wycombe, Buckinghamshire. The council has reaffirmed its commitment to the Stannifer scheme despite rival proposals from LxB and Tesco.

LONDON-Developers are turning off the tap in central London: DTZ's latest developer's survey reveals a 33% fall in schemes scheduled for speculative development compared with six months ago.

LONDON-Isis Property has sold its 400,000-sf Castle Mall shopping centre in Norwich, Norfolk to Capital & Regional and Morley Fund Management's Mall Fund for pounds 115 million ($185 million). It has taken units in the fund as payment, giving it a 19.8% stake.

LONDON-The Bracknell Regeneration Partnership, recently formed by Legal & General and Schroders Exempt Property Unit Trust, has commissioned Lord Rogers to masterplan its pounds 500 million ($800 million) redevelopment of Bracknell Town Centre in Berkshire.

LONDON-On the day that the Channel Tunnel Rail Link from Ebbsfleet in north Kent to the tunnel opened, Land Securities has clarified its plans for one of the UK's largest-ever developments on 1,100 acres of land surrounding the terminal.

LONDON-Morley Fund Management has paid pounds 51.5 million ($82 million) for a 25% stake in Chelsfield's troubled Global Switch telehouse operation. The properties will form the core of a new limited partnership specialising in European technical real estate.