LONDON-Retail giant Marks & Spencer has raised pounds 114.7 million ($190 million) with the sale & leaseback of its office and retail development at 168 Fenchurch Street and 77 Gracechurch Street in the City of London.

LONDON-Rosemound Developments has acquired a 13.7-acre site on Gunnells Wood Road, the prime industrial area of Stevenage, Hertfordshire from the Swiss engineering giant ABB for pounds 6.5 million ($11 million).

LONDON-A new report from FPDSavills highlights the pressure facing the central London development market. In particular the disappearance of investment purchasers is forcing developers to focus on the owner-occupier market.

LONDON-Dutch investor Haslemere has joined forces with US-owned GE Real Estate to joint venture on the purchase of five major shopping centers in the UK.

LONDON-Dutch investor Haslemere has joined forces with US-owned GE Real Estate to form a pounds 230 million ($385 million) joint venture partnership to own five major shopping centres in the UK.

LONDON-Fears earlier this year of a significant fall in house prices are receding as confidence in the market strengthens, according to the latest housing market survey from the RICS.

LONDON-Isis Property has agreed to forward fund Henry Boot Developments' Nova Scotia retail park in Blackburn, Lancashire, for pounds 32 million ($53 million) reflecting a net initial yield of 6.5%.

LONDON-The City of London faces a flood of new office completions in the coming months, according to the latest Central London Survey, for the first quarter 2003, from Drivers Jonas.