LONDON-Business parks specialist MEPC has let its 45,000-sf Rivermead office scheme in Uxbridge, north-west London, to catering group Compass as its new UK and Irish headquarters.

LONDON-The European economy is forecast to avoid outright recession in 2002, and this presents opportunities for real estate offers investors looking for a safe haven, according to LaSalle Investment Management.

LONDON-US law firm Skadden, Arps, Slate, Meagher & Flom has agreed to lease 140,000 sf of office space in a new building, currently under construction at Canary Wharf, and it has an option to take a further 40,000 sf.

LONDON-Property outperformed both UK equities and Government bonds during 2001 according to King Sturge, and the firm expects returns from property to remain broadly similar in the coming year.

LONDON-Office take-up in the main central London office markets appears to have picked up in the final quarter of 2001, in spite of the economic turmoil in the wake of 11 September, according to new research from FPDSavills.

LONDON-Office take-up in the main central London office markets appears to have picked up in the final quarter of 2001, in spite of the economic turmoil in the wake of 11 September, according to new research from FPDSavills.

LONDON-New research from property consultant DTZ shows that institutions reduced their holdings in commercial property during the third quarter of 2001--the first quarterly decrease since 1998.

LONDON-Marconi, the beleaguered telecoms equipment manufacturer, has sold a second portfolio of investment properties. Industrial specialist Ashtenne Holdings has bought a mixed portfolio in four locations.