LONDON-Property investor Compco has succumbed to a pounds 147 million ($245 million) offer from City & General Securities. The deal shows a 68 per cent premium to the company's value at the beginning of May 2003.

LONDON-Construction is about to begin an a residential and retail development of the Millwall Fire Station site in Byng Street, Docklands. The project will also create a new fire station to serve the Isle of Dogs area.

LONDON-Construction is about to begin an a residential and retail development of the Millwall Fire Station site in Byng Street, Docklands. The project will also create a new fire station to serve the Isle of Dogs area.

LONDON-Banana ripeners and distributors J N Fox & Sons and offshore company Sovena Fortune have each bought a freehold unit at Chancerygate and Friarsgate Developments' Orbital 46 industrial/warehouse development at Iver, Buckinghamshire.

LONDON Transport and logistics group P&O has taken a lease on the largest building in its 630,000-sf Regent Quarter development at King's Cross in central London. On completion in 2005 it will consider relocating its London headquarters to the site.

LONDON-The Ashtenne Industrial Fund, set up by Ashtenne Holdings and Morley Fund Management has attracted pounds 55 million ($90 million) in new investment from two institutions.

LONDON-The City of London's most significant letting transaction this year has completed with US law firm White & Case signing a pre-letting on 100,000 sf at Lion Plaza in Old Broad Street, London EC2.

LONDON-Fund manager Hermes and development managers St James Securities are about to lodge a planning application for consent to transform the western sector of Leeds city centre with 2.35 million sf of mixed use development.