LONDON-Office rents in Europe were falling even before the events of 11 September dealt a further blow to business confidence, according to new research from CB Hillier Parker.

LONDON-Office rents in Europe were falling even before the events of 11 September dealt a further blow to business confidence, according to new research from CB Hillier Parker.

LONDON-JP Morgan's Peabody Global Real Estate Partners has bought nine London office buildings from Security Capital for $210 million. It is the fund's second major purchase in London this year.

LONDON-Developer St George has secured the first two commercial occupiers at its 32-acre Imperial Wharf site on the banks of the River Thames in Chelsea, South-West London.

LONDON-Land Securities has lodged a planning application to redevelop St Christopher's House and Tabard House at Bankside on London's South Bank with 750,000 sf of offices and 86,000 sf of retail and leisure space.

LONDON-The Royal Institution of Chartered Surveyors has called on the UK government to reform the planning system. It says the current system fails to protect the environment while also failing to meet business, housing and social needs.

LONDON-Prudential has pre-let the top three floors of its office refurbishment at 1 Knightsbridge Green, London SW1. Fast-growing asset manager New Star has taken 24,708 sf meaning that the scheme is 80% pre-let.

LONDON-Visa International, the global credit card operator, has agreed to set up its regional headquarters at Development Securities' PaddingtonCentral development in London's West End.