LONDON-The UK market for houses and flats is set fair for the next 10 years, says Baring Houston & Saunders. The growth in population is set to outstrip the new home development.

NEW YORK CITY-The man whose firm put more than $15 million into G&E's coffers two months ago will today be named as the brokerage firm's new chair. The move comes just weeks after CEO Barry Barovick put to rest rampant speculation that Grubb was about to be sold.

LOS ANGELES, CA-Apartments built in 1966 sell for just over $37,000 per unit, while a newer property in the area fetches $144,000 per unit.

NEW YORK CITY-The beleaguered accounting firm pulled the plug on its 650,000-sf Times Square Tower lease two months ago. Building owner Boston Properties made the termination official late yesterday afternoon.