LONDON-Tishman Speyer has sold its recently completed Tower Place development in the City of London to the German fund DB Real Estate for $365 million.

LONDON-Tishman Speyer has sold its recently completed Tower Place development in the City of London to the German fund DB Real Estate for pounds 215 million ($365 million).

LONDON-Greycoat subsidiary City Offices and the German fund CGI have let the 15,600-sf One Paternoster Square, London EC4 to Lexicon Partners at a rumoured pounds 50 ($85) per sf.

LONDON-Even though occupier demand has fallen Birmingham office rents have remained stable, according to the latest survey from Atis Real Weatheralls. And the possibility of government departments relocating from London could give the market a boost next year.

LONDON-The housing market in England and Wales has remained surprisingly buoyant, according to the latest survey from the RICS. A surge in buyer enquiries is underpinning the market.

LONDON-Highcross has announced the first closing of a new private equity fund, which will have an investment war-chest of $580 million. It has already raised $125 million, mainly from US investors.

LONDON-Highcross has announced the first closing of a new private equity fund, which will have an investment war-chest of pounds 350 million ($580 million) to spend. It has already raised pounds 75 million ($125 million) mainly from US investors.

LONDON-Hammerson has sold three office properties in central London to a subsidiary of private investment group Fordgate, for a total of pounds 122 million ($205 million).