LONDON-Electronics Group Nokia has signed a global agreement worth £100 million ($143 million) with serviced office operator Regus to transfer of up to one fifth of its worldwide office locations to Regus business centres within the next three to five years.

DEXTER, MI-The council extends a deadline one more time for Blackhawk Development, but it is running out of patience after five years without significant progress, says Village Manager Donna Eureste.

NEW YORK CITY-Investment banking firm Sonnenblick-Goldman arranges mortgage financing for the land beneath a roughly 700,000-sf Penn Station submarket office tower owned by Vornado Realty Trust.

LONDON-Westminster City Council has given a cautious welcome to new proposals by architect Richard Rogers and developer Chelsfield to reduce the height of their planned Grand Union Building at Paddington Basin in London's West End.