LONDON-An industrial estate in Luton, Bedfordshire, is the latest target for Warner Estate's $147 million buying spree as the company transforms itself from residential landlord into commercial investor.

LIVERPOOL- Developers have put forward a plan to build more than 50,000 sf of offices as part of the regeneration of a former airport site in depressed south Liverpool.

LONDON-Development Securities has bought a 27,800-sf office scheme in Warrington, Cheshire just six months after it bought a 94,300-sf development in the same location.

LONDON-The Kuwaiti Algerian Investment Company disposes of two hotel properties in South-West London for $11 million. In a post-September 11 investment slump, these are the only hotels to have sold in the capital.

Fund manager hermes has sold a 60,000-sf multilet office scheme in the Home Counties west of London at a yield of more than 9%

LIVERPOOL-A new development agency has been set up with ambitious plans plans to revitalise the once great port city of Liverpool. It plans to channel EU funds into four key areas.

LONDON-The UK's booming market for houses and apartments is starting its slide into oblivion, according to mortgage bank Alliance & Leicester. Housebuyers are becoming increasingly nervous about taking on new commitments.

LONDON-The UK's booming market for houses and apartments is starting its slide into oblivion, according to mortgage bank Alliance & Leicester. Housebuyers are becoming increasingly nervous about taking on new commitments.