LONDON-Distribution property specialist Prologis, through its ProLogis European Properties Fund has sold 13 distribution facilities across the UK to Standard Life for pounds 183 million ($320 million).

LONDON-Wal-Mart has won planning consent for its biggest-ever supercentre in the UK. Milton Keynes Council has given the store the green light as part of the development of a new stadium for the Wimbledon FC soccer franchise which has relocated to the town.

LONDON-Glasgow-based LNC Property Group has paid Gerald Ronson's Heron International pounds 40 million ($70 million) for the long leasehold interest in 16 St James's St., London SW1.

LONDON-Glasgow-based LNC Property Group has paid Gerald Ronson's Heron International pounds 40 million ($70 million) for the long leasehold interest in 16 St James's St., London SW1.

LONDON- Clerical Medical Investment Group has paid pounds 22.1 million ($38.5 million) for a 460,000-sf industrial estate in Beaumont Road, Banbury, Oxfordshire, representing a yield of 8.25%.

LONDON-A Scottish Widows fund has raised pounds 10.25 million ($17.8 million) with the sale of phase III of the St Catherine's Retail Park, Perth, Scotland, to a private investor. The sale reflects a net initial yield of 5.5%

LONDON-In one of the biggest industrial lettings on the M3 corridor south-west of London this year, Isis Property has let the 57,200-sf Affinity Point in Camberley, Surrey, to Lansing Linde at pounds 8 ($14) per sf.

LONDON-British Land has renewed its joint venture with Tesco--BLT Properties--for a further seven years. At the same time it has refinanced the venture with a $325-million loan.