LONDON-Commercial property remains the top-performing UK asset class over one, five and ten-year measures, according to new research from the RICS Foundation. Property has comfortably outstripped equities, government bonds and gold.

LONDON-An Irish property company has paid more than pounds 10 million ($16 million) for an office and retail investment property in Acocks Green, Birmingham. Agent Lambert Smith Hampton predicts this will be the first of many Midlands deals this year by investors from across the Irish Sea.

LONDON-The strong capital growth experienced in UK commecial proeprty during 2002 seems to be running out of steam, according to the Insignia Richard Ellis monthly Index for January 2003, with values falling for the time in a year.

LONDON-Specialist shopping centre investor Investments has launched its largest private-equity fund, Redleaf IV, which has a target size of pounds 100 million ($160 million) which will be invested in district shopping centres.

LONDON-Kenmore has made its first purchases outside the UK, investing almost euro 30 million ($32 million) in standing industrial investments and a pre-let warehouse in the Ile de France Region. And it claims to have a pounds 100 million war chest to acquire a substantial French industrial portfolio.

LONDON-The redevelopment of the decaying Caxton hall site in Westminster has moved a step closer with the unveiling of plans by Stanhope; DeLand Assets and Regent Square Estates for a mixed residential and commercial development.

LONDON-Kenmore has made its first purchases outside the UK, investing almost euro 30 million ($32 million) in standing industrial investments and a pre-let warehouse in the Ile de France Region. And it claims to have a pounds 100 million war chest to acquire a substantial French industrial portfolio.

LONDON-The Equiton Industrial Partnership, a joint venture between industrial investor Brixton; Equitable Life, and the Prudential has bought Imperial Park, Randalls Way, Leatherhead, Surrey from Brixton for pounds 6.834 million ($11 million).