LONDON-Haslemere, the Rodamco subsidiary taken over by Brack Capital earlier this year, has raised pounds 115 million ($180 million) with the sale of a portfolio of 14 industrial properties to the Industrial Property Investment Fund and the BT Pension Fund.

LONDON-Liverpool City Council has granted planning permission for Grosvenor and Henderson Global Investors' one million-sf retail-led scheme for the Paradise Street area of the city centre.

LONDON-The Central London office market is showing no signs of improvement, according the latest analysis from CB Hillier Parker. Take-up in the third quarter of 2002 was up only 2% on the previous quarter at 2.7 million sf.

LONDON-Liverpool City Council has granted planning permission for Grosvenor and Henderson Global Investors' one million-sf retail-led scheme for the Paradise Street area of the city centre.

LONDON-Leisure property specialists have called for reform of Britain's licensing laws, with a streamlined approval system to allow developers and operators more certainty. But the survey from the Leisure Property Forum found little support for total deregulation.

LONDON-After six years of delay and political wrangling, work will begin next week on the world's most expensive stadium at Wembley in north London. The new 90,000-seat Wembley Stadium will cost pounds 757 million ($1.2 billion).

LONDON-The German investment Fund iii Fonds has paid pounds 46.25 million ($72 million) for the refurbished Sauchiehall shopping centre on Sauchiehall Street in Glasgow.

LONDON-The Berkeley Group is to build another 46,500 sf of speculative retail and restaurant space at Gunwharf Quays in Portsmouth after agreeing a pre-let with Express by Holiday Inn for a 130 bedroom limited service hotel.