LONDON-UK property yields are falling again, according to Cushman & Wakefield Healey & Baker's latest quarterly market report. The return of institutional money has resulted in more competition in the market for prime property.

LONDON-Lehman Bros and the Witkoff Group have sold the Thames-side landmark Shell Mex House to the Tchenguiz brothers' Rotch Group for Pounds 327.5 million ($475 million), doubling their money in just three years.

LONDON-Catalyst Capital has sold a 100,000-sf mixed-use property in Harlow, Essex to the Kenmore Group. The 1960s mixed-use properties were sold off a yield of 11.9%.

LONDON-City Hall, the new home for the Mayor of London and the Greater London Authority on the South Bank of the Thames near Tower Bridge is on track for hand-over on 24 June.

LONDON-Leasing activity in the City of London is picking up again after almost coming to a standstill during the final quarter of 2001, according to new analysis from King Sturge.

LONDON-Southside Capital--a joint venture between Taylor Woodrow, Kilmartin Property Group and Bank of Scotland--has lodged a planning application for its Pound 400 million ($580 million) redevelopment of the Royal Infirmary site in Edinburgh.

LONDON-Friends Ivory & Sime Property Asset Management has disposed of 74,533 sf of regional office space in Manchester, Staines, Glasgow and Edinburgh in four separate deals.

LONDON-Southside Capital--a joint venture between Taylor Woodrow, Kilmartin Property Group and Bank of Scotland--has lodged a planning application for its Pound 400 million ($580 million) redevelopment of the Royal Infirmary site in Edinburgh.