LONDON-Office rents in central London are likely to remain unchanged during 2002, according to new research from King Sturge. But the UK's provincial office centres could see continued growth.

LONDON-Merivale Moore has bought a 125-year leasehold interest in Warwick House, 25/27 Buckingham Palace Road, London SW1 from the Grosvenor Estate to show a 7.1% yield.

LONDON-Workspace Group, the specialist investor in small business units, has bought a portfolio of three properties in central London from Chelsfield as it reinvests the proceeds of the sale of all of its Midlands properties.

GLASGOW-St Martins Property Group, the property investment arm of the Kuwaiti royal family, has bought a 66,000-sf office building at 150 St Vincent Street, Glasgow, in one of Scotland's biggest investment deals of the past six months.

LONDON-Property investors need to review their strategy in the face of a rapidly decelerating world economy, according to LaSalle Investment Management. But the slowdown also presents some opportunities.

MANCHESTER-Peel Holdings, owner of the Trafford Centre at Manchester's Trafford Park, has finally been granted planning permission on appeal for a 200,000-sf retail park on the 12-acre Giants Field site next to the existing mall.

LONDON-Central London specialist Benchmark has formed a new joint venture with Washington DC-based J E Robert to buy the remaining 50% stake in 90 Long Acre, the biggest office building in Covent Garden, London WC2.

LONDON-The first business day of the new year saw euro notes and coins in the pockets of 300 million European consumers yesterday. Property has been traded in the common European currency for the past three years but the final adoption of the new currency poses challenges for the property markets, say agents.