SYDNEY-During 2004, the Australian hotel market hosted 36 major transactions worth $1.2 billion, topping the previous record of $1.1 billion and doubling the results from 2003.

THE DALLES, OR-The Web's No. 1 search engine signs a purchase and sale agreement for building-ready, Port-owned waterfront at the Dalles Industrial Center and options another 80 acres of adjacent land that is not yet ready for development.

SEATTLE-The Denver-based seller of flavored malt beverages is relocating its headquarters to the renovated Washington Shoe Building this spring.

WARSAW-The Poland cosmetics division of the Henkel Group may keep its headquarters in the Mokotów Business Park or relocate depending on the opportunities, according to Colliers International, which is reviewing the company's alternatives.

SAN JOSE, CA-The seller in both cases is publicly traded FMC Corp., a Philadelphia-based chemical company. The City of San Jose plans to use the property to expand the Norman Y. Mineta San Jose International Airport.

SAN JOSE, CA-The seller in both cases is publicly traded FMC Corp., a Philadelphia-based chemical company. The City of San Jose plans to use the property to expand the Norman Y. Mineta San Jose International Airport.

ST. LOUIS-The Las Vegas based casino operator ties up another property north of the Gateway Arch here, giving it 18 contiguous acres that it plans to anchor with a recently approved $208-million casino-hotel development.

MELBOURNE-The independent directors of General Property Trust propose the company internalize its management--a task currently handled by Lend Lease--and form a joint venture with Australia's second-biggest publicly traded investment bank.