LONDON-Central London developers are putting speculative schemes on ice as a reaction to the depressed leasing market, according to new research from DTZ. More than 1.5 million sf of central London projects have been postponed over the past six months.

LONDON-Central London developers are putting speculative schemes on ice as a reaction to the depressed leasing market, according to new research from DTZ. More than 1.5 million sf of central London projects have been postponed over the past six months.

LONDON-Shepherd Developments and Bell Hammer have acquired the final two-acre headquarters development site at Shire Park, Welwyn Garden City, from Antler Property Investments, and they plan a new 40,000-sf office development.

LONDON-Ex-Richard Ellis City chief John Slade has led a management buyout at Hamptons Commercial, the niche investment and development practice he founded five years ago.

LONDON-As Middle Eastern investors withdraw their funds from the USA, more are looking to Europe as a safe haven for their money. A Bahrain-based bank has launched the UK's first Shari'ah-compliant property fund aimed specifically at Middle Eastern investors.

LONDON-Kier Property has won planning consent to redevelop the headquarters of the Department for Environment, Food and Rural Affairs in Whitehall.

LONDON-The City of London leasing market is heading for its worst year since 1987, according to a new report from Jones Lang LaSalle. But the picture is marginally brighter in the West End.

LONDON-Glassmaker Pilkington has taken the largest industrial pre-letting in South Bristol for three years, taking a 37,312-sf unit on Chartwell Land's Imperial Park development.