LONDON-Residential Developer and Investor FairBriar has formed a joint venture with Singapore-based Centrepoint Properties to invest in the growing market for serviced apartments in London.

LONDON-LaSalle Investment Management is to launch a new pan-European investment fund. The LaSalle Euro Growth II fund will invest primarily in France, Germany, Italy, Spain, the Netherlands and Belgium.

LONDON-Schroder Property Investment Management has launched a new property fund aiming to make opportunistic purchases as the property market enters a period of turbulence. Three investors have already agreed to back the venture.

LONDON-A new survey from King Sturge and H+H Marketing has found that demand for bandwidth has continued to accelerate and has increased by over 600% in two years. But the research raises questions about future supply.

LONDON-Online news provider Teletext for has signed a pre-letting on a 42,500-sf building at Stanhope's Chiswick Park scheme in West London. The company will be relocating 350 staff from offices in Fulham and Chelsea Harbour.

MADRID-The office market in the Spanish capital has reached a state of equilibrium, Although supply is increasing and take-up slowing, rents are stable, according to a new report from CB Richard Ellis.

LONDON-The availability of offices in London's West End increased during July and August 2001, according to the latest market commentary from Lambert Smith Hampton. New space is coming to the market although take-up has continued to decline.

LONDON-Prior to 11 September, institutional investment in property had been increasing again. The latest government figures for the second quarter of 2001 show an 11 per cent increase in net investment by insurance companies and pension funds.