LONDON—"High levels of uncertainty in the UK commercial property market" led M&G Investments to halt trading in shares of its M&G Property Portfolio. Aviva Investments and Standard Life have made similar moves.

NEW YORK CITY—The merger by BSREP II Retail Holdings Corp. with and into Rouse Properties Inc. closes the loop on a process that began with Brookfield's unsolicited bid for the shopping center REIT in January.

NEW YORK CITY—The joint venture ownership of mainly industrial properties was a carryover from the 2015 merger of Gramercy Property Trust and Chambers Street Properties.

CALABASAS, CA—Among office markets driven by the tech sector, San Jose has been a winner in both vacancy declines and rent growth; Marcus & Millichap reports that Silicon Valley's peers have seen more variable results.

NEW YORK CITY—However, in the near term FTI Consulting's Jahn Brodwin has succinct advice for US clients who own commercial real estate in London: "Sit tight."

IRVINE, CA--"We continue to hold a positive outlook for housing supported by accelerating wage growth, an accommodative labor market and low interest rates," although issues persist, says chief economist Peter Muoio at Ten-X.

NEW YORK CITY—The new standards on seismic risk assessment represent "a big step" in helping engineers assess the risks more consistently, Partner Engineering CEO Joe Derhake told a GlobeSt.com webinar audience this week.

HOUSTON—In separate transactions, the REIT has entered agreements over the past few weeks to sell seven West Coast office properties, eight shopping centers and office towers in Chicago and Dallas.