LONDON-In spite of the threat of an economic downturn, turnover in the West End investment market is still in line with its long-term average, according to FPDSavills.
LONDON-Grantchester Holdings the specialist retail warehouse investor, has sold three smaller schemes in Scotland in order to concentrate on larger projects.
LONDON-A strong final quarter to 2001 demonstrated the resilience of the UK property investment market, according to Lambert Smith Hampton, and turnover for the year was up 16% on 2000.
LONDON-Asda Wal-Mart has sold the 200,000-sf Orbital Shopping Park in Swindon, Wiltshire, to British Land. The park was developed by Wal-Mart next to its first UK supercentre as part of the new town centre at Haydon, north Swindon.
LONDON-The Duke of Westminster's Grosvenor has taken a 25% stake in Shearer Property Group (SPG) and Universities' Superannuation Scheme's 425,000-sf Grand Arcade shopping mall project in Cambridge.
LONDON-Health and fitness club operator Cannons Group has signed an agreement with Development Securities to lease 25,000 sf in the 600,000-sf first phase of the 1.7 million-sf PaddingtonCentral development in central London.
NEW DELHI-Jain Estates has become the latest property consultant to join the ONCOR International global network. Based in New Delhi, Jain covers all the market in India including Mumbai, Bangalore, Chennai and Hyderabad.
LONDON-South Cambridgeshire District Council is to relocate from its Cambridge city centre offices into a new purpose-built 50,000-sf building on the Cambourne Business Park.
BIRMINGHAM-Logistics property specialist ProLogis has completed one of the largest speculative sheds currently available in the UK, the 160,000-sf Unit 2 at Hams Hall, north-east of Birmingham.<P>