LONDON-The European Bank for Reconstruction and development is to stay in its existing headquarters at One Exchange Square, Broadgate in the City of London. Canary Wharf had been attempting to entice the bank to a new HQ in Docklands.

LONDON-British Airways has assigned the lease on Atlantic House, Three Bridges, Crawley, West Sussex, to London Electricity Group in return for a reverse premium.

LONDON-The slowdown in activity in the office and industrial sectos is now making its presence felt in the retail sector, according to the latest survey from the RICS.

LONDON-British Land has sold a further pounds 50 million ($80 million) of bonds, securitising the rental income from Meadowhall Shopping Centre, Sheffield. This is in addition to the pounds 825 million ($1.3 billion) of bonds issued in November 2001

LONDON-Capital & Regional has unveiled plans to revitalise the Star City leisure scheme in Birmingham and the O2 centre on London's Finchley Road by absorbing them into its Xscape operation.

LONDON-The redevelopment of the massive Ravenscraig steelworks site to the south of Glasgow was yesterday granted outline approval by North Lanarkshire Council.

LONDON-Brixton is claiming a new record rent with a new letting at pounds 7.75 ($12) per sf for a new letting at the second phase of the 170,000-sf Oxford Industrial Park.

LONDON-The City of London Corporation has resolved to grant planning permission for the 500,000-sf redevelopment of the London Stock Exchange site at Old Broad Street.