LONDON-Engineering group Alstom has agreed a pounds 111-million ($175 million) sale & leaseback with Key Property Investments, the. joint venture between St Modwen Properties and the Middle eastern investor Sahlia Real Estate.

ANAHEIM, CA-A Los Angeles investor buys the 22-unit Rondell Arms apartment complex from an Orange County owner. The property, located across from a high school, was 90% occupied at the time of the sale.

SEATTLE-The national board of directors of The American Institute of Architects names Miller/Hull as recipient of the 2003 AIA Architecture Firm Award. The honor is bestowed annually and recognizes a practice that has produced distinguished architecture for at least the 10 years.

LONDON-A futuristic building designed by Will Alsop has won the development competition to become the 'fourth grace' on Liverpool's waterfront.