British Land has confirmed that it has exchanged contracts in a £30m deal to buy the leasehold interest in Green Lanes Shopping Centre in Barnstaple, Devon.
British Land is in discussions to acquire a raft of retail stock in off-market deals.
Midlands-based developer St Modwen and Exeter-based property company Eagle One have submitted a joint bid for £3.9m of Regional Growth Fund support for two major schemes in the Exeter area.
The Crown Estate is in talks to buy a 50% stake in Land Securities Princesshay scheme in Exeter as it continues to diversify its portfolio.
Game show host Noel Edmonds is suing two former investors for £412,000 over a failed property development deal in Devon.
Red Tree has been given the green light for a new community in Sherford, near Plymouth in Devon.
A public consultation will kick-off next week into multi-million pound plans for the redevelopment of Brixham town centre, in South Devon.
A £3m Devon mansion that was due to open as a luxury hotel within the next year following a multi-million-pound refurbishment has been wrecked in a fire.
The Olympic Delivery Authority has submitted plans to renovate the sailing facilities at Weymouth and Portland in preparation for the London 2012 Olympic Games.