LONDON-Across the UK, office rents have fallen by 2.2% over the last six months according to new research from Jones Lang LaSalle, although some locations are bucking the trend and continuing to see rental growth.

LONDON-ISIS Property has sold 21 Dartmouth Street in Victoria, London SW1, to a private investor for more than pounds 29.5 million ($49 million) reflecting a net initial yield of 6.75%.

LONDON-Henderson Global Investors has announced the final closing of its Investors Retail Warehouse Fund. The fund value now stands at pounds 550 million ($900 million.

LONDON-Prudential and Palmer Capital Partners have completed their record breaking pounds 150 million ($250 million) funding of the 2 million-sf Lion Park development, on the former IMI Holford site at Witton, in Birmingham.

LONDON-Out-of-town retail specialist Hercules Unit Trust has bought two more UK retail parks in Oxford and Hamilton, Scotland, for pounds 73.75 million ($121 million), on top of the Chartwell land properties recently bought from retailer Kingfisher.

LONDON-Business parks specialist Arlington has completed a 200,000-sf pre-letting to National Air Traffic Services on its Solent Business park near Southampton in Hampshire.

LONDON-Capital & Regional and Morley Fund Management's Junction Limited Partnership has formed a new joint venture to buy out two retail warehouse developments alongside its Lakeside Extra park in Thurrock, Essex. This creates a 440,000-sf destination which will be refurbished and rebranded under the Junction brand.

LONDON-Universties Superannuation Scheme has raised pounds 37.7 million ($62 million) with the sale of a prime retail investment in Chester to Scottish Mutual Assurance.