LONDON-Shaftesbury has sold its investments on London's Southbank near the National Theatre for pounds 16 million ($24.9 million).

LONDON-The National Health Service has named its preferred partners for a pounds 400 million ($662 million) public-private partnership.

LONDON-Canary Wharf Group will return pounds 375 million ($584 million) cash to shareholders after securing more tenants for its office park on the banks of the Thames.

LONDON-As the first occupiers prepare to move into Development Securities' Paddington Basin scheme, the developer has expressed "cautious optimism" for the second phase of the regeneration project.

LONDON-Marylebone Warwick Balfour has bought the remaining 50% stake in lifestyle hotel group Malmaison and the management contract for pounds 13 million ($20 million).

LONDON-South African-owned Liberty International has increased its stake in Great Portland Estates boosting speculation that it is preparing a takeover bid for the office investor.

LONDON-The crisis in telecommunications market has had a knock-on effect on Chelsfield where profits have slumped.

LONDON-House of Fraser, Britain's third-largest department store chain, has signed up for a new 200,000-sf store in the Dutch developer Multi Development Corporation's development at Victoria Square, Belfast.