LONDON-Developer Stanhope has completed the 140,000-sf first phase of its 600,000-sf Peoplebuilding Hemel office development at Hemel Hempstead, Hertfordshire. The speculative building does not yet have a tenant.

LONDON-Net capital flows into UK commercial property are expected to total around Pounds 25 billion ($39 billion) in 2002, down from Pounds 32 billion ($50 billion) last year according to DTZ.

LONDON-London's West End saw 1.7 million sf of office space leased over the first half of 2002, according to the latest research from FPDSavills. The figure is in line with the historic average, but was only achieved by a spate of lettings in June 2002.

LONDON-London's West End saw 1.7 million sf of office space leased over the first half of 2002, according to the latest research from FPDSavills. The figure is in line with the historic average, but was only achieved by a spate of lettings in June 2002.

LONDON-The Crown Estate generated a profit of Pounds 163.3 million ($250 million) in the year to 31 March 2002, up 10.6% on the previous year in spite of the effects of Foot & Mouth on its agricultural holdings and of 11 September on its central London estate.

LONDON-Serviced office operator Regus has signed more corporate deals across its European business centres as part of its drive to rebrand itself as a corporate outsourcing specialist.

LONDON-Outlet mall operator Freeport has started construction on its latest European project, the 270,000-sf Freeport Excalibur, situated in a tax-free zone between the Austria and Czech Republic borders.

LONDON-Jarvis Commercial has let the 9,000-sf office element of its speculative mixed use development at Capability Green, near Luton in Bedfordshire.