LONDON-The Scottish Executive has cleared the way for Wilson Bowden's plans to create a new town at Revenscraig, south of Glasgow with 3,500 new homes and 3 million sf of commercial space.

LONDON-CLS has raised pounds 12.3 million ($21 million) with the sale of two office buildings in New Malden, South-West London and Watford, Hertfordshire, to Scarborough Property Group.

LONDON-A row is brewing between two major UK property players after Fordgate failed to complete on its $207 million purchase of three London office buildings from Hammerson.

LONDON-Quintain Estates & Development has added to its strategic land bank in London, with two more purchases to add to its massive development sites on the Greenwich Peninsula and at Wembley.

LONDON-English Partnerships, the national regeneration agency, has selected Bellway Homes as its partner in a new joint venture company to develop Barking Reach, a 360-acre brownfield site in the Thames Gateway, East London.

LONDON-Quintain Estates & Development has added to its strategic land bank in London, with two more purchases to add to its massive development sites on the Greenwich Peninsula and at Wembley.

LONDON-The UK housing market is entering a low growth phase that could last several years according to new research from FPDSavills. Mainstream house prices are expected to rise by 4% in 2004 and by just 10% in the next three years.

LONDON-The mismatch between the occupier and investor markets in commercial property is continuing, according to new research from Gerald Eve. Just as occupier interest is picking up in the office sector, yields look likely to move out.