LONDON-British Land unveiled a strong set of results for the year ended 31 march 2001,

LONDON-John Laing Property has bought a 4 acre development site at Frimley, close to Junction 4 of the M3 in Surrey from Great Portland Estates.

BERLIN- Commerz Grundbesitz Invest, one of Germany's largest investment groups, is to launch a DM1 billion ($560 million) fund targeted at institutional investors.

BERLIN-Cisco Systems, the world's largest company, has pulled out of Phase Two of its multi-building campus development at Hallbergmoos, Munich, Germany.

LONDON-Workspace Group, the specialist investor in small business office and industrial units, has sold its Midlands property portfolio to the privately owned Northern Trust Company

LONDON-Whitbread Hotel Company has taken a pre-letting on a prime 6.5 acre site on the Bath Road, on the northern perimeter of London's Heathrow Airport.

LONDON-Specialist Central London investor Derwent Valley Holdings has bought Centric House, a landmark 342,000-sf freehold warehouse building in Shoreditch High Street, London E1

MANCHESTER-Arlington, Europe's largest business park developer, is about to start work on the 50 acre Manchester Business Park close to Manchester Airport.