LAKELAND, FL-Hauger-Bunch Inc. has negotiated a lease for 6,582 square feet of office space in Suite 130 and Suite 100 at Lakeland's 20 Lake Wire Dr.

LONDON-Upward price trends in the UK real estate market led to increased sales of troubled commercial assets by creditors and banks, as sellers considered the price increase trend to be short-lived.

LONDON-InterContinental Hotels Group PLC said that its revenue per room or revpar increased by 7.4% in Q2 2010 compared to a 0.2% increase in Q1 2010.

DETROIT-Home sales declined 20% in the Detroit market in July compared to that of 2009.

LONDON-Independent shareholders have blocked the merger between the U.K. Commercial Property Trust and F&C Commercial Property Trust.

DALLAS-According to the North Texas Real Estate Information Systems and the Real Estate Center, sales of previously owned homes in Northern Texas have fallen by 29% in July 2010 compared to that of July 2009.

DALLAS-A recommendation floated by City Manager Mary Suhm to raise the property taxes is still being discussed even though it was thought that it would not be able to garner enough votes.

PLANO CITY, TX-The council members of Plano City have postponed the vote on giving The Samaritan Inn of McKinney $700,000 in federal grant to build one of the biggest transitional housing facilities in the area.