Property

Power, efficiency, reality all catch up with 2020 Ram 1500 EcoDiesel

The Car Connection News Feed - 3 hours 10 min ago
For 2020, Ram isn’t letting off the gas—or maybe I should say “accelerator.” The 2020 Ram 1500 marks the return of the EcoDiesel engine under the hood of the automaker’s light-duty pickup truck. With a $4,995 price premium (or $3,000 over the 5.7-liter Hemi V-8 e-Torque mild-hybrid) the burning question for the diesel...
Categories: Property

Aviva Investors lends DWS £236m for Vita Student portfolio

Property Week News Feed - Mon, 08/19/2019 - 18:20
Aviva Investors partially financed DWS’s £600m acquisition of a portfolio of Vita Group’s student accommodation assets around the UK, the investor has announced.
Categories: Property

Hong Kong developer agrees to buy Greene King

Property Week News Feed - Mon, 08/19/2019 - 17:50
CK Asset Holdings, the Hong Kong-based property developer that bought 5 Broadgate for £1bn last year, has agreed to buy pub group Greene King in a £2.7bn deal.
Categories: Property

More than 100K 2015 Ford Fusion, Lincoln MKZ sedans recalled for seat belts that can erode

The Car Connection News Feed - Mon, 08/19/2019 - 16:47
Ford announced last week that it would recall more than 100,000 2015 Ford Fusion and 2015 Lincoln MKZ sedans for seat belt fasteners that could erode and fail to hold occupants in place in a crash. The automaker said it was aware of one injury caused by the faulty seat belts. In a statement, Ford said that 2015 Fusion sedans built between Aug. 1...
Categories: Property

Updated 2020 Honda Civic Hatchback is the practical pick with the heart of an enthusiast

The Car Connection News Feed - Mon, 08/19/2019 - 16:42
Compact hatchbacks get a bad wrap as soulless econoboxes. Perhaps that's why fewer Americans buy them each year and run toward crossovers like they're In-N-Out Burger. (Eds note: Crossovers are basically hatchbacks on stilts, but we won't tell anyone else.) The 2020 Honda Civic Hatchback is one of the few remaining dedicated hatchbacks on sale...
Categories: Property

Uber on lookout for new London office

Property Week News Feed - Mon, 08/19/2019 - 15:01
Uber has appointed agents to help it find a new office in London.
Categories: Property

​Basingstoke retail park sold for £21m

Property Week News Feed - Mon, 08/19/2019 - 14:27
Corum Asset Management has bought Gastons Wood Retail Park in Basingstoke from Aberdeen Standard Investments for £20.7m.
Categories: Property

Plans submitted for 3m sq ft Jaguar Land Rover campus

Property Week News Feed - Mon, 08/19/2019 - 14:21
IM Properties has submitted plans for a 3m sq ft campus for Jaguar Land Rover in North West Leicestershire.
Categories: Property

Green light for Edinburgh hotel plans

Property Week News Feed - Mon, 08/19/2019 - 14:01
York-based developer S Harrison has secured planning permission for a 157-bedroom hotel to the west of Edinburgh city centre.
Categories: Property

​Cazoo takes space on Chalton Street

Property Week News Feed - Mon, 08/19/2019 - 13:58
Tech start-up Cazoo has taken a five-year lease with The Boutique Workplace Company at a 17,500 sq ft  building on Chalton Street in London’s Euston.
Categories: Property

​Knight Frank predicts Edinburgh office shortage

Property Week News Feed - Mon, 08/19/2019 - 13:55
Edinburgh’s growing popularity as a tourist destination is creating a looming shortfall of office space in the city, according to Knight Frank.
Categories: Property

​Curlew Capital acquires Stratford student property

Property Week News Feed - Mon, 08/19/2019 - 13:52
Apeiron Capital has sold a 100-bed student accommodation property and a neighbouring vacant development site in Stratford to Curlew Capital and CBRE Global Investment Partners.
Categories: Property

​Oxford Properties Group conducts management shake-up

Property Week News Feed - Mon, 08/19/2019 - 13:46
Oxford Properties Group has appointed Dean Hopkins as chief operations officer amid a series of senior management personnel changes.
Categories: Property

Enfield becomes first council to receive Housing Infrastructure Fund grant

Property Week News Feed - Mon, 08/19/2019 - 11:11
Enfield has become the first London borough to receive money from the government’s Housing Infrastructure Fund (HIF).
Categories: Property

Javid rules out plan to shift stamp duty burden onto sellers

Property Week News Feed - Mon, 08/19/2019 - 09:27
The chancellor Sajid Javid has denied reports that he is considering shifting the burden of stamp duty onto sellers.
Categories: Property

Safestore joins forces with Carlyle for Dutch JV

Property Week News Feed - Mon, 08/19/2019 - 08:23
Safestore and Carlyle European Real Estate Fund have formed a joint venture to acquire M3 Self Storage, an operator of six storage locations in Amsterdam and Haarlem in the Netherlands.
Categories: Property

LondonMetric buys M62 distribution warehouse

Property Week News Feed - Mon, 08/19/2019 - 07:24
LondonMetric has agreed to purchase and fund a new 232,000 sq ft distribution warehouse for £24m, reflecting a yield on cost of 5.2%.
Categories: Property

Woodward Dream Cruise 2019: GM Designers Show Off Their Cars

Motortrend News Feed - Sat, 08/17/2019 - 01:30

A highlight of the week leading up to Saturday’s Woodward Dream Cruise 2019 is the exclusive car show at General Motors’ Warren tech center. Exclusive because it is for GM’s design team only.

Not surprisingly, the majority are GM brands, but MotorTrend loves heading to the tech center to see what employees have brought to work to show their colleagues before forming a parade, complete with police escort, to a park along Woodward. Here, the public can admire the cars as part of a larger Dream Cruise show.

We expected a lot of Corvettes and were not disappointed. There were not one but two 1963 Sting Rays (in the days when it was two words like the race car that inspired it). The Sting Rays have the gorgeous hood and spine that runs down the roof to the split rear window. Only the ’63, the first year of C2, has the split window.

1963 Corvette Sting Ray

It took Jim Hall almost seven years to find the right one because he wanted enough amenities so he could drive it a lot. Thus there was a need for power brakes and steering, air conditioning, FM radio, and an automatic transmission at his wife’s request. His black ’63 has the base 250-hp, 327-cubic-inch V-8 and two-speed Powerglide transmission.

1959 Corvette Stingray

Ray Miller bought his 1959 Corvette Stingray when he was only 13, using $500 saved up from working at his dad’s gas station, the bowling alley, and cutting lawns. He restored it himself, including paint, and shows it with the hood up to display the red and white engine covers he fashioned over the LS1 motor. The car has had its motor, transmission, brakes, and suspension updated because Miller likes to drive it, a lot, and even takes it to Milan for a little drag racing. He says with the car’s Camaro drivetrain he has clocked the quarter mile at the drag way at 11.9 seconds at 118 mph. Miller used to work in the metal shop building show cars, concepts, the cars in the Transformer movies, and the restoration of the one-millionth Corvette that was damaged when a sinkhole opened inside the National Corvette Museum in 2014. When he retired in 2017, he treated himself to a ’17 Z06. In a couple years, he will look at adding a mid-engine Corvette to his garage.

1978 25th Anniversary Corvette

Among the polished and pristine Corvettes was a 1978 25th anniversary edition with nothing but track on its mind—fitting since the Corvette was chosen to pace the Indy 500 that year. It has a roll cage, metal racing seats, and side exhaust. For 1978, Chevy rolled out a redesigned body with fastback styling and anniversary badging. The new rear window improved visibility. Inside, you’ll find brown basketweave material adorning the center console.

1983 Lotus Esprit

Then there is the black 1983 Lotus Esprit that Brian Janik got in 1994 when he was 23. He finally got it on the road a year ago because, well, life gets in the way sometimes. It was the previous owner’s winter beater car and was a basket case that needed love and time before he could get it roadworthy again. He had the 2.2-liter turbocharged engine rebuilt and a combination of necessity and curiosity led to most other pieces coming off at some point. He also painted it black—he was tired of Ferrari comments when it was red.

1957 VW Dune Buggy

Gerald Broughton is a relative newcomer to GM and brought his 1957 VW Dune Buggy with a peace sign sticker on the back. He grew up with buggies and still loves them as a grown man’s go-kart. The orange buggy has a VW frame and El Lobo fiberglass body with original paint, and a 1600cc engine with a four-speed manual transmission. He is also building a 1964 Meyers Manx.

1974 Honda Civic

A fun car that takes many down memory lane: a 1974 Honda Civic. Kevin Malak is only the second owner, and the car is essentially the same as when it left the factory, just a little cleaned up. The wonderful plaid seat inserts are almost immaculate. It has a 58-hp 1.2-liter engine and four-speed manual transmission.

1972 Austin Mini

Similarly sized is Adam Bernard’s 1972 Austin Mini. Bernard also has a 1963 Buick Riviera, but he brought the mini Mini this year to mark the brand’s 60th anniversary. The front-drive car with a transverse front engine has a 1293cc, 80-horsepower engine and four-speed transmission. It is only 10 feet long, weighing about 1,500 pounds. The four-wheel independent suspension did not make for a smooth parade ride even though he has replaced the original 10-inch wheels with 12s.  But man did it look pretty doing it.

Other vehicles on display included some stunning Chevy SSRs, a lifted K5 Blazer, a dark and menacing 1990 Nissan Skyline GT-R, 1973 VW Thing, and a number of Camaro, Impala, Cutlass, Chevelle, Corvair, El Camino, Biscayne, LeSabre, and GTO cars, as well as other blasts from the past.

The post Woodward Dream Cruise 2019: GM Designers Show Off Their Cars appeared first on MotorTrend.

Categories: Property

FCA Gauging Public Reaction for Ram 1500 Big Horn Low Down Concept

Motortrend News Feed - Fri, 08/16/2019 - 23:00

Lifting a vehicle has become second nature for the Mopar team at FCA. But one of the automaker’s newest rolling test beds takes things in a different direction. The 2018 Ram 1500 Big Horn Low Down concept actually lowers the full-size pickup by two inches.

Mopar created the concept for the 2018 SEMA show, and FCA has been gauging reaction for about a year. A decision will be made later this year or into next year on whether to add the prototype lowering kit to the Mopar catalogue.

So far, reaction has been positive. Cheryl Woodworth, brand accessories manager, said one woman, cruising Woodward Avenue in a 1500, spotted the Low Down and excitedly called her husband to say she saw it and wants one.

Woodworth does not know where the lowering kit might fall on FCA’s priority list, but for now, the concept will keep rolling and gathering reaction. With more than a million people taking in car sights and sounds as part of the Woodward Dream Cruise, there should be a lot of data.

The Low Down has a hard tonneau cover and five-inch exhaust tips. Under the performance hood is a 5.7-liter Hemi V-8 engine. The performance dome hood might also go into production.

On a short test drive in the Low Down, the ride was quite bouncy. But that is understandable. The concept was developed for aesthetics. Designers used the air suspension system as a quick and dirty way to lower the truck which rides on 22-inch oversized wheels.

If it were to go into production, it would be engineered properly so the ride quality is not degraded in any way. And it would have to be tested to meet all safety regulations. That likely means changes such as repositioning the sensor that triggers airbags so they don’t sit too low.

As proof that ride quality does not suffer when engineered properly, we also hopped into a Mopar-modified 2019 Ram 1500 Big Horn Crew Cab with a kit that raised the 1500 by two inches. The best part of this drive was the exhaust note. It has a performance cat-back exhaust system, and in back there are five-inch dual exhaust tips. This customized vehicle has off-road running boards, 18-inch off-road beadlock-capable wheels, a cool black hood graphic, a RamBar to mount lights and store gear, and a rear bed step to reach it all.

Both trucks have the 5.7-liter Hemi V-8 engine.

The post FCA Gauging Public Reaction for Ram 1500 Big Horn Low Down Concept appeared first on MotorTrend.

Categories: Property

James Bond’s 1965 Aston Martin DB5 Sells for More Than $6.3 Million

Motortrend News Feed - Fri, 08/16/2019 - 21:30

RM Sotheby’s did well by adding a third night to its 2019 Monterey auction roster, featuring Aston Martins exclusively. The star of the evening, a 1965 DB5 that was one of three existing screen cars from the popular 007 franchise movie, Goldfinger, sold for a huge $6,385,000 to plenty of applause from the auction room.

Applause came first when the ex-Bond DB5 rolled onto the block in the Portola Plaza Hotel event space after a short teaser video played, showing the car screeching around twisting roads with appropriately Bond-esque music and cinematography. Bidding started quick and steady, with six bidders vying for the car both in the room and on the telephone, though once bids crested $4.5 million, then $5 million, the remaining bids were given more thoughtfully. In all, it took nearly five minutes before the car was hammered sold to a bidder in the room.

As what may be the most famous car in the world, James Bond’s Aston Martin DB5 (chassis number DB5/2008/R for the trainspotting types) was made just for the Goldfinger movie, with its incorporated prop machine guns, armored shield, navigation system, and various other gizmos having been installed when the car was being built. Later, the DB5 was used as a promotional car for the next Bond movie, Thunderball. It was restored in Switzerland in 2012 and the car’s props are said to be functioning as they were made to do for the film.

The DB5’s pre-sale estimate, given by RM Sotheby’s, was $4 million to $6 million, so the final result of $6.38 million with commission (high bid of $5.8 million) did well against it. So well that it set a new auction record price for a DB5.

The RM Sotheby’s auction was held in conjunction with Aston Martin Works. RM Sotheby’s auctions continue through Saturday evening with two cars that could possibly break the $20 million dollar mark: a 1939 Porsche Type 64 prototype and a 1994 McLaren F1 LM-spec.

The post James Bond’s 1965 Aston Martin DB5 Sells for More Than $6.3 Million appeared first on MotorTrend.

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