LONDON-Land Securities, long one of the UK's biggest owners of retail warehouse property, has bought the 150,000-sf Nene Valley Retail Park in Northampton from Chartwell Land, the property arm of retailer Kingfisher.

AUSTIN-Clear Channel Communications rolls seven Austin radio stations into one site at the World War I-era Penn Field. The 27,300 sf is located in the field's armory. Finish-out is gearing up as the stations prep to move from N. Lamar and Barton Springs Road.

LONDON-Troubled property consultant Chesterton International has issued its third profit warning to the London Stock Exchange. It now anticipates making a significant loss for the six months ended 31 December, 2001.

CHICAGO-The multifamily market here "took it on the chin" at the recent National Multi-Housing convention. "We're still on everybody's buy list because of our diversified economy," says Marcus & Millichap senior vice president Greg A. Moyer.