LONDON-Mortgage Bank Bradford & Bingley has agreed a ten-year lease with Compco Holdings on its recently refurbished building at 21/27 Lambs Conduit Street, WC1 in London's Midtown for its new head office.

LONDON-British Land and Stanhope have won planning consent from the City Corporation for a major new building at 51 Lime Street, London EC3.

LONDON-London Electricity Group has agreed terms with south west-based developer Rokeagle to develop a new 128,000-sf regional headquarters and call centre on the Exeter Business Park in Exeter, Devon.

LONDON-Marylebone Warwick Balfour's leisure fund, the dominant investor in the UK leisure sector, has made its first disposals with the sale of the 93,000-sf phase 2 of the Teesside Leisure Park, Stockton-on-Tees, to Fordgate.

LONDON-Staffordshire County Council Pension Fund has bought an 18.75% stake in Ashford Investor Limited Partnership, the sole owner of the 200,000-sf McArthur Glen Designer Outlet at Ashford, Kent

LONDON-Retail warehousing specialist Grantchester Holdings has bought a 30-acre site in Merthyr Tydfil, South Wales, from the Welsh Development Agency for a 240,000-sf retail development.

LONDON-Office vacancies in central London rose 13% in the second quarter of 2002, according to CB Hillier Parker. And demand is continuing to decline as businesses put expansion plans on ice.

LONDON-Office vacancies in central London rose 13% in the second quarter of 2002, according to CB Hillier Parker. And demand is continuing to decline as businesses put expansion plans on ice.