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LONDON-Land Securities, Britain's biggest property company, unveiled a flat set of results for the year to 31 March 2001 with pre-tax profits down and NAV only slightly up.

COLUMBIA, MD-Corporate Realty Management has been recognized nationwide for its property management rating provided by tenants. The Building Owners and Managers Association and CEL Associates Inc. sponsor the awards program.

NEW YORK CITY-HVAC and lighting account for 60% of the energy expense of office buildings. Tenants have a number of options to reduce these and other costs. They include negotiating pricing plans that charge a flat unit rate year round.

WOODCLIFF LAKE, NJ-Mack-Cali Realty Program is introducing to its tenants, beginning with a recent breakfast at its 50 Tice Blvd. office building here, a new business products and services selection program.

WASHINGTON, DC-The Weekly Mortgage Applications Survey of the Mortgage Bankers Association of America was released today (May 23) and reports that the last week the number of applications fell to 475.4 from 560.4 of the previous week.

BOSTON-While all signs point to a softening commercial real estate market here, CRESA Partners, a corporate real estate advisory firm specializing in tenant representation, negotiates a number of leasing deals for its clients here and in the surrounding areas.

SAN FRANCISCO-Gray, Cary, Ware & Freidenrich leased about 34,000 sf in an office building now under construction directly across the street from Pac Bell Park and adjacent to Mission Bay. The law firm is headquartered next door to the site.

ATLANTA-Funds from operations at the locally based REIT are $10.5 million compared to $12.8 million last year. The company is paying a quarterly dividend of 30 cents per share ($1.20 annualized) on its common and preferred stock for the quarter ending June 30.