LONDON-Investment market activity slowed dramatically in May as institutions found themselves overweight in property. But the year so far has been marked by an increase in very large transactions.

LONDON-The Greater London Authority is urging developers to dig boreholes under new buildings to help lower London's rising water table. The Basements of some large office buildings are already under threat of flooding.

LONDON-The Crown Estate made an increased surplus in the year to 31 March 2001. Soaring property values and active management have continued to boost the amount the estate returns to the Government's coffers.

LONDON-Investment market activity slowed dramatically in May as institutions found themselves overweight in property. But the year so far has been marked by an increase in very large transactions.

LONDON-Mayor Ken Livingstone has confirmed his intention to charge drivers to enter central London, but the tolls will only be levied once the public transport system has been upgraded.

LONDON-Industrial rents across the UK are climbing to new highs, according to a new survey from Jones lang LaSalle, with the hottest rents achieved to the south and west of London.

LONDON-Liverpool Victoria Friendly Society has bought Tempus Court, a multi-let office building completed in 1999 in Onslow Street, Guildford, Surrey. The vendor was Scottish Provident.

LONDON-Irish investor Dunloe Ewart has started the partial liquidation of its property portfolio with a series of investment disposals in Scotland and Northern Ireland.