LONDON- Morley Fund Management has paid Pillar Property and the Hercules Unit Trust Pounds 185 million ($270 million) for a portfolio of 11 retail parks across the UK.

LONDON-Electronics entrepreneur Alan Sugar has bought a second property on Bond Street, London's up-market retail destination, paying Pounds 3.825 million ($5.5 million) for 10/10A New Bond Street.

LONDON-With most of the world gearing up for a month long feast of football, the UK has another distraction in the form of the 50th anniversary of Queen Elizabeth II's coronation. A new report from King Sturge looks back at the way the property sector has changed since 1952.

LONDON-With the 2002 World Cup only hours away in Japan and South Korea, Germany, the host in 2006, is looking to learn important lessons. But a new report from Jones Lang LaSalle warns that economic regeneration is not the main reason for bidding for the event.

LONDON-Global distribution property specialist ProLogis has entered the Scandinavian market. Its European Properties Fund has agreed a sale and leaseback with the European distribution group DFDS Transport on a 215,000-sf warehouse at Norrkoping, Sweden.

LONDON-With most of the world gearing up for a month long feast of football, the UK has another distraction in the form of the 50th anniversary of Queen Elizabeth II's coronation. A new report from King Sturge looks back at the way the property sector has changed since 1952.

LONDON-London's Millennium Dome finally has a new owner 17 months after closing down. Despite the fact that Pounds 840 million ($1.2 billion) of public money was sunk into the project the Government has been forced to give it away free in return for a share of future profits.

LONDON-London Mayor Ken Livingstone has given the go-ahead for two new tram schemes that he hopes will encourage regeneration and ease traffic congestion.