LONDON-This industrial specialist has bought two new properties and restructured its Equiton fund in three deals worth a combined $550 million.

LONDON-Capital & Regional, manager of the Junction Limited Partnership that specializes in out-of-town retail parks, has sold the Cockhedge Shopping Park in Warrington to Halladale for $78 million.

LONDON-Pillar Property has pulled out of the leisure development business with the sale of its two completed schemes in London and Edinburgh for a combined $300 million.

LONDON-The John Lewis Partnership has signed up to take the anchor department stores at two of the UK's biggest new shopping malls: the 1.2-million-sf Shires West in Leicester and the one-milion-sf St David's 2 in Cardiff.

LONDON-The Schroder Exempt Property Unit Trust has raised pounds 70 million ($130 million) with the sale of eight office, retail and industrial properties. The proceeds will be reinvested in industrial property.

LONDON-Global insurance broker Willis Group Holdings has signed one of the City of London's biggest pre-lettings for two years at British Land's 420,000 sf 51 Lime St., London EC3.

LONDON-Irish-based investor Tiger Developments has spent $75 million on three UK properties in Stockton-on-Tees, Harrow and London Docklands.

LONDON-Ashtenne Holdings has sold a portfolio of 570 houses let to the US Air Force at Lakenheath Airbase in Suffolk to a consortium of investors headed by Hodge & Co Property Holdings for $120 million.