LONDON-New research from Strutt & Parker shows that despite a lacklustre 2003 the southern UK office market may be on the verge of a renaissance. Viewings by potential occupiers are already on the increase.

LONDON-Derwent Valley Holdings has sold Panton House in the West End for pounds 17.5 million ($29.1 million) while acquiring a new property in Ladbroke Grove for pounds 10.65 million ($17.7 million).

LONDON-Sydney & London Properties has bought a 793,000-sf distribution unit on a greenfield site near Doncaster for pounds 40 million ($70 million) from the developer Scarborough Property Group.

LONDON-Two warehouse units at Brixton's Ventura Park in Radlett, Hertfordshire, have been let to DIY retailer B&Q for pounds 1.033 million ($1.77 million) per annum.

LONDON-Multi-let office building Grosvenor House, Croydon, has been sold for pounds 8.43 ($13.65) million to an owner-occupier following three years of refurbishment work.

London-Business is getting better for London's hoteliers, but in the UK as a whole, the picture is static, according to the latest data from PKF

LONDON-East Grinstead's largest office deal for five years sees the Health & Safety Executive obtain the leasehold interest on the 18,425-sf Ashdown Court.

LONDON-The 21,558-sf first floor of 3 Roundwood Avenue at Stockley Park, Heathrow, has been taken on a 12-year lease by Adobe Systems for close to $1 million a year.