LONDON-One of Sydney's most famous landmarks, The Park Hyatt Sydney Hotel, has been put up for sale.

London-Britain is at risk of damage similar to that caused by the floods that have swept across central and eastern Europe unless urgent action is taken to overhaul flood prevention policies, warns RICS.

LONDON-German fund Meag Munich Ergo Real Estate Investment GmbH has bought its first tower block in the UK, Shelley House.

LONDON-Nomura has put its London head office near St Paul's Cathedral up for sale at pounds 250 million ($381 million).

LONDON-Hutchison Whampoa has boosted its retail portfolio to just under 2000 stores with the acquisition of Dutch retailer Kruidvat.

LONDON-Israeli investor Egal Ahouvi is set to boost his spend in the City to over pounds two hundred ($305 million) with the acquisition of Mitre House, Aldersgate.

LONDON-The Investment Property Forum is to investigate risk assessment and management in property investment portfolios.

London-Westfield may set up a separate fund, along the lines of its US and Australian funds, to hold its UK assets.