ORLANDO-The locally based developer enters the island market with the acquisition of the 33-acre, 270-unit Kona Hawaiian Village overlooking Kahului Bay in Kailua-Kona. Outrigger Enterprises Inc., Hawaii's largest hospitality company, will manage the property.

BELLEVUE, WA-Real estate and construction are still gray areas, but as the economy continues in a slow rut, a survey of 200 executives shows hopefulness that an improved economy and interest in new development may pick up the pace.

SAN FRANCISCO-Prudential Commercial Real Estate Solutions began its entry into the Bay Area when it acquired and franchised Belvedere Associates, Inc. in January. Now it plans to rapidly expand throughout the region.

LONDON-Outlet mall operator Freeport has overcome the final hurdle, with architectural consent for its million-sf scheme at Alcochete, on the outskirts of Lisbon, Portugal. Construction will begin in mid-August 2002, with completion in late 2003.