SAN DIEGO-Pan Pacific Retail Properties Inc.'s board of directors adopts new corporate governance initiatives, which involve the implementation of a code of business conduct & ethics policy and the creation of a lead independent director position.

LONDON-Deputy Prime Minister stepped up the pressure on planners to permit more housing development, and he raised the prospect of converting more commercial land to residential use to meet housing need.

DALLAS-Cushman & Wakefield researchers say Dallas' first quarter backpedaled 966,886 sf despite five million sf in leasing activity. Vacancy is 13.8%, up two points from last year. Sublease, at 11.2 million sf, is the albatross.

LONDON- Quintain has added to its extensive holdings at Wembley in north-west London with the pounds 17 million ($26 million) purchase of the Palace of Industries building.