LONDON-Listed Estate Agent Savills has issued a buoyant trading statement to the London Stock Exchange in marked contrast to its gloomy prognostications last year.

LONDON-A consortium of Danish investors represented by European Structured Leasing has acquired made its third UK acquisition, buying a retail investment in Cardiff from Delancey as part of a Pounds 50 million acquisition programme.

LONDON-Marylebone Warwick Balfour, the troubled service office and hotels operator which earlier this year announced a phased liquidation of its portfolio has sold three investment properties for a total of Pounds 24 million ($36 million).

LONDON-Nicholson Estates has been selected as preferred developer for a 230,000-sf mixed-use scheme in Camberley, Surrey. The council has been trying to secure the development of the site for a decade and this is its third attempt.

LONDON-Hammerson has sold its 300,000-sf Freshney Place Shopping Centre in Grimsby, Lincolnshire, to the Duke of Westminster's property company for almost Pounds 100 million ($150 million). The sale proceeds will be used to finance Hammerson's major development programme.

LONDON-Peter Barge, Chairman of Jones Lang LaSalle Hotels and CEO of the American Corporate Solutions division is returning to the Far East as CEO of the firm's Asia Pacific region.

PARIS-The German open-ended property fund Deutsche Grundbesitz Investmentgesellschaft has bought the 200,000-sf Antony Parc office development in Antony, to the east of Paris.

LONDON-Specialist retail warehouse investor Grantchester has sold its 200,000-sf development at Parkhead Forge, Glasgow for over Pounds 39 million ($60 million).