LONDON-In a contracyclical move, Development Securities has started buying up high street retail investments at a time when other investors are shunning the sector.

LONDON-Two airport-related logistics companies have taken units totalling 75,000 sf at Slough Estates' North Feltham Trading Estate near Heathrow Airport. Slough now owns nearly one million sf in the area.

LONDON-Chelsfield has stepped up its acquisition programme on London's rapidly improving South Bank, buying in three investment/development properties from St Modwen Properties.

LONDON-Helical Bar has sold a 420,000 sf portfolio of industrial buildings across central Scotland from Glenrothes in the East to Ayr in the West to Ashtenne. The properties were bought from Scottish Enterprise in 1999.

LONDON-The Confederation of British Industry has responded to the government's planned shake-up of the planning system with a call for an even more radical approach. It says the existing system is thwarting economic growth.

LONDON-New research from Cluttons shows that prime office rents in London's Victoria District have started to fall reflecting falling demand and increasing supply.

LONDON-New research from Cluttons shows that prime office rents in London's Victoria District have started to fall reflecting falling demand and increasing supply.

LONDON-Stanhope and Morley Fund management have been granted detailed consent for the first two buildings on their 600,000 sf business park in Hemel Hempstead, Hertfordshire.