Heitman makes double Dutch deal

Property Week News Feed - Tue, 12/04/2018 - 13:09
Investor Heitman has acquired a 282-unit senior living scheme in Groningen and a two-building residential portfolio in Amsterdam for a total of €150m as part of focus on investment in the Netherlands.
Categories: Property

Cushman & Wakefield launches proptech startup accelerator with Plug and Play

Property Week News Feed - Tue, 12/04/2018 - 13:03
Cushman & Wakefield has formed a new partnership with global innovation and startup accelerator platform Plug and Play to launch a real estate focussed programme.
Categories: Property

2020 Chevrolet Silverado HD Makes 910 LB-FT of Torque

Motortrend News Feed - Tue, 12/04/2018 - 13:00

Earlier this year, Chevrolet introduced the redesigned 2019 Silverado. Its updated interior and slick 10-speed transmission helped make the new Silverado 1500 a finalist in this year’s Truck of the Year competition. But interestingly, Chevrolet chose not to reveal the heavy-duty version of the Silverado. Until now.

As you can see, the 2020 Chevrolet Silverado HD is big. Really big. Features editor Scott Evans stood next to one at a preview event and found the Duramax badge was almost at eye level. And those helpful bed steps you see in front of the rear wheels? Those are mid-thigh height. So if yo}re 6-foot-6 and need a new truck, look no further than the Silverado HD.

You just might not want to look directly at it, though, because this thing is seriously, uh, “controversially styled.” Surprisingly, the roof is the only sheetmetal it shares with the 1500. There’s a lot going on with the Silverado 1500’s design, but the HD goes even further. As a result, you have to really like what Chevrolet did with the regular truck in order to appreciate the Silverado HD’s new look. If you ask Chevrolet, it’s meant to look like a piece of heavy machinery.

“We set out to make a statement with the 2020 Silverado HD and wanted to visually capture the power and capability of the truck,” Brian Izard, the Silverado HD’s head designer, said in a release. “The result is a truck that looks like a piece of heavy machinery with modern, chiseled finishes and customer-focused details.”

Under the hood, you’ll have your choice of two powertrains. The direct-injected gasoline option comes with a six-speed automatic and is rumored to be a Navistar-sourced 6.6-liter V-8 from MD Trucks. Meanwhile, the diesel version gets a Duramax V-8 and an Allison 10-speed. Horsepower figures haven’t been released, but Chevrolet says the diesel makes 910 lb-ft of torque. That’s not quite the 935 lb-ft the Ford Super Duty makes, but it should be enough to tow almost anything that needs towing.

Look for more official stats and information to trickle out over the next few months before the 2020 Silverado HD goes on sale sometime in mid-2019.

Source: Chevrolet

The post 2020 Chevrolet Silverado HD Makes 910 LB-FT of Torque appeared first on MotorTrend.

Categories: Property

2020 Chevrolet Silverado HD revealed: Big face for Chevy's big pickup truck

The Car Connection News Feed - Tue, 12/04/2018 - 13:00
The 2020 Chevrolet Silverado HD pickup truck unveiled Tuesday has a face no driver will forget. Its massive grille, bisected by some of the largest branding this side of a Dreamliner, feeds one of two new engines. The Silverado Heavy Duty's new turbodiesel V-8 puts out a hefty 910 pound-feet of torque, Chevy said, and mates to a 10-speed automatic...
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What's New for 2019: Chrysler

The Car Connection News Feed - Tue, 12/04/2018 - 13:00
They say that no news is good news. That may not be the case for Chrysler dealers this year. The automaker's lineup consists of just two cars, a minivan that we liked enough to name our Best Car To Buy 2017, and a full-size sedan. This year, changes to Chrysler's two models are limited to minor appearance upgrades. Crossover SUV shoppers still...
Categories: Property

2019 Alfa Romeo 4C

The Car Connection News Feed - Tue, 12/04/2018 - 13:00
The 2019 Alfa Romeo 4C is a snorting, lightweight sports car that shares an ethos with thoroughbred Italian supercars from Ferrari and Lamborghini. Though the coupe model is gone for 2019, we like the open-roof 4C Spider better anyways, and award the mid-engine Alfa at 5.8 out of 10 overall. (Read more about how we rate cars.) It's a rare car...
Categories: Property

Economist pens Church St deal for new Birmingham tech hub

Property Week News Feed - Tue, 12/04/2018 - 12:15
Catalyst Capital has secured a deal to bring one of the world’s longest running magazine titles to Birmingham having agreed a five-year lease with The Economist at 60 Church Street.
Categories: Property

Octopus Healthcare sells portfolio of dialysis units for £12.2m

Property Week News Feed - Tue, 12/04/2018 - 12:12
Healthcare property investor Octopus Healthcare has sold a portfolio of three dialysis units in London, Birmingham and Worcester to Waypoint’s Government Income Fund for £12.2m.
Categories: Property

PGIM Real Estate set to purchase office in Clichy

Property Week News Feed - Tue, 12/04/2018 - 11:22
PGIM Real Estate has signed a forward purchase agreement for the development of SWELL, two office buildings in Clichy, France. The transaction was executed off-market on behalf of investors of a discretionary pan-European value-add fund.
Categories: Property

FTSE releases green real estate indexes

Property Week News Feed - Tue, 12/04/2018 - 11:11
FTSE Russell has launched a series of new green real estate indexes in a move it hopes will push investors towards more sustainable real estate investment.
Categories: Property

Trio of deals takes CEG's 196 Deansgate to fully let

Property Week News Feed - Tue, 12/04/2018 - 09:38
CEG has secured three new leasing deals to take its 196 Deansgate mixed-use building in Manchester to fully occupied.
Categories: Property

2018 Subaru Crosstrek Long-Term Update 5: Off-Road Cred Confirmed

Motortrend News Feed - Tue, 12/04/2018 - 09:00

We’ve taken the Subaru Crosstrek to the track, driven it around the L.A. metropolitan area, and taken it to the mountains. Now it’s time to test the Subaru’s touted off-road aptitude. Numerous off-road trails of varying difficulty crisscross the Hungry Valley State Vehicular Recreation Area, and the 4×4 practice area features several maintained obstacle courses.

Joined by features editor Christian Seabaugh and his enormous Ram Power Wagon long-term tester, we traversed some easier trails to gauge the Crosstrek’s performance before trekking the hairier ones. The crossover barely noticed the dirt, rocks, and sand beneath its tires. It didn’t matter if it was a bumpy uphill or downhill, the Subaru handled the trails with relative ease.

On steep descents, I was able to modulate braking to control my speed but turned on X-Mode to try out the feature’s hill-descent control. When activated, the vehicle does the braking so the driver can focus on steering. The system induced some eager braking, keeping the speed slower than I did with my foot, but it was safe and controlled.

Once we had our fill on trails, we headed to the 4×4 practice area, where we pushed the Subaru to its limits. Once again, the dirt trail up and down the hill course was easy as long as I didn’t hit the big ruts made for more capable vehicles. The sand pit and water crossing were also a breeze, so much so that I drove them several times to make sure—and for fun, though, we avoided certain obstacles fearing we would damage the nose. The Crosstrek has 8.7 inches of ground clearance, a notable number, but it also has plenty of front overhang that creates a decent 18-degree approach angle. However, its 29-degree departure angle is better than any Jeep Cherokee except the Trailhawk model.

In the frame twister course, the Crosstrek finally got stuck before I used X-Mode, which makes the traction control system more aggressive, reducing the time needed for a tire to regain grip. In very slippery situations (like mud or snow), more power is diverted away from the tires that are slipping to the ones with traction.

In this case, I was stuck because only two of my wheels had grip as I was trying to traverse a large bump. After I hit X-Mode, the Crosstrek transferred additional power to the two wheels not slipping, and the vehicle surged forward.

The highlight of the day was the mud pit. We didn’t know how well the Crosstrek would handle mud, so we started by backing it into the soggy pit until the mud got about half ways up the rear wheels. While in X-Mode, I applied about quarter throttle and the Subaru crawled out as if it was dry dirt. So we decided to plow through it.

I entered the pit with the plan to have my right wheels in shallow mud and the left ones near the deep track made by previous vehicles. As soon as I hit the mud, I slid into one of the deep tracks thinking I would get stuck, but I didn’t. I even made the mistake of completely stopping in the pit after hitting a big rock, but the Subaru still had enough traction to continue forward.

Not wanting to get stuck in the part of the pit that requires larger all-terrain tires (factory tires were used), I exited the pit over the steep bank. Again, I thought the Power Wagon would have to rescue me as I climbed up the bank, but the Subie prevailed. X-Mode saved me again. On inclines, the system will use lower gear ratios for increased traction and applies more clutch pressure to better control front and rear power distribution.

Knowing the Subaru can do more, I decided to try the pit again but entered from the bank I exited earlier. On the descent, I dunked the nose into the mud (up to the level of the foglights) and slid into the deep tracks. After a little power distribution, the Crosstrek regained traction and negotiated the rest of the pit like a pro. It’s neat hearing and feeling the system cutting and redistributing power.

Over the course of the adventure, Seabaugh and I remained impressed with the little Subaru—especially considering its factory all-season tires. With an aftermarket lift kit and all-terrain tires, not much would stop this thing. But in its factory form, the Crosstrek offers more capability than your average owner will need.

Read more about our 2018 Subaru Crosstrek:

The post 2018 Subaru Crosstrek Long-Term Update 5: Off-Road Cred Confirmed appeared first on MotorTrend.

Categories: Property

2017 Honda CR-V Touring AWD Long-Term Verdict

Motortrend News Feed - Tue, 12/04/2018 - 09:00

When the CR-V entered our long-term test fleet, it was simply Honda’s latest riff on America’s best-selling SUV, one that immediately impressed with its sharply styled sheetmetal and intriguing new small-displacement turbo engine. But soon after joining the fleet, the CR-V competed in and won our 2018 SUV of the Year competition. That’s right, after a weeklong battle in Southern California’s harsh desert, it beat out Alfa’s new Stelvio and Subaru’s capable Crosstrek along with many other new and notable 2018 models. None of this surprised me, as I had already put thousands of miles on our tester prior to the competition and considered the CR-V a frontrunner for the Calipers. Our judges concurred, calling the CR-V “a supreme example of calm, confident composure that delivers in all categories. … [None of the] others put the whole package together the way the CR-V does.”

Honda CR-Vs are no strangers to long-term MotorTrend testing. This is MotorTrend’s sixth long-term CR-V, with the first being a 1997 CR-V (complete with cleverly hidden picnic table) and when the previous generation won SUV of the year contest, we spent a year with a 2015 CR-V Touring AWD. We’ve executed long-term tests on every generation of CR-V and have watched as Honda has progressively evolved CR-V from a slightly modified JDM product to America’s best-selling SUV.

My favorite part on the SUV is the capless fuel filler. On a weekly basis it made trips to gas station all the better.

With this fifth-gen CR-V, Honda has made a meaningful leap in performance dynamics, and its handling is a clear improvement over the previous model. Although it doesn’t handle as well as, say, some of BMW’s latest FWD-based SUVs, overall the CRV’s handling is predictable, the ride is tightly controlled, impact harshness is well concealed, and the body movements are appropriately damped. Put the CVT in low, and it’s possible to reach 60 mph in 7.5 seconds, 0.8 clicks quicker than the previous generation. Also improved over the last model are lateral grip and 60-mph braking, which improve by 0.04g and 4 feet. The steering, a tad on the light side, is nonetheless accurate and controlled, and coupled with a steady and sorted chassis it serves up a planted course through the turns. Lastly, hard braking results in a rear end that stays put and a vehicle that maintains straight stability.

Lots of miles suffering L.A.’s frustrating traffic were made easier inside the confines of the CR-V, and this is attributed to the vehicle’s impressive Honda Sensing Suite. This semi-autonomous system of cameras and sensors is greater than the sum of its parts, and its real-world application is superior to many of the systems offered from other OEMs. Most important, this is technology that makes daily life more agreeable. In fact, whenever the freeway would come to a halt on the northbound 405, I’d simply activate Honda Sensing and let the adaptive cruise system assume the stress of stop-and-go traffic instead of me.

Yet the CR-V is not without shortcomings. The shifter is well placed, but often when shifting from sport or low up to drive, the selector will annoyingly overshoot drive and end up in neutral, resulting is an undesired rev of the engine followed by a puzzling glance at the gear selector. Other gripes include the hard to remove/clean single-piece rear floormat and the plastic trim pieces on the front and rear doors. The door trim pieces extend below the door metal and are susceptible to catching curbs and snapping their mounting brackets when closing the door. The trim even once grabbed a hunk of grass and dirt and shoveled it into the car. Lastly, this CR-V was equipped with a hands-free tailgate, and try as I might, I could rarely get it to work. Even watching a handful of YouTube videos did not help the cause. Neat idea, poor execution.

Right around 15,000 miles in, the CR-V began to struggle to start, as if its battery wasn’t fully charged. This also affected the power liftgate’s ability to lower and shut. Three days later, the battery died and required a jump to get to a Honda dealer. The battery was toast and was replaced under warranty. During the same visit, a code on the dash suggested a $177 differential fluid change, which seemed premature for 15,000 miles, but per some internet research and an inquiry with Honda corporate, it’s not out of the realm of possibility for this to be triggered when the system detects debris caused by break-in. Also keep in mind this is only for AWD CR-Vs, as FWD CR-Vs do not have rear differentials. Additional maintenance for the duration of the test was limited to two oil and filter changes, one cabin air filter change, and one tire rotation. Total routine maintenance cost for the length of the test was $418 over 20,447 miles and two services. That’s about $110 more than our 2017 Mazda CX-5 long-termer racked up in four stops over 28,307 miles.

Our 2018 SUV of the Year is full of clever features that, combined with its large, useable interior volume, make for a right-sized SUV that appeals to a wide audience. It’s an agreeable combo of practicality, efficiency, and (equipped with Honda Sensing) technology that continues to lead an increasingly competitive segment.

Read more about our 2017 Honda CR-V Touring AWD:

Our Car SERVICE LIFE 12 mo / 20,447 mi BASE PRICE $34,595 OPTIONS None PRICE AS TESTED $34,595 AVG ECON/CO2 28.6 mpg / 0.68 lb/mi PROBLEM AREAS None MAINTENANCE COST $418 NORMAL-WEAR COST $0 3-YEAR RESIDUAL VALUE* $25,200 (73%) RECALLS None *IntelliChoice data; assumes 42,000 miles at the end of 3-years


2017 Honda CR-V AWD Touring POWERTRAIN/CHASSIS DRIVETRAIN LAYOUT Front-engine, AWD ENGINE TYPE Turbocharged I-4, alum block/head VALVETRAIN DOHC, 4 valves/cyl DISPLACEMENT 91.4 cu in/1,498cc COMPRESSION RATIO 10.3:1 POWER (SAE NET) 190 hp @ 5,600 rpm TORQUE (SAE NET) 179 lb-ft @ 2,000 rpm REDLINE 6,500 rpm WEIGHT TO POWER 18.4 lb/hp TRANSMISSION Cont variable auto AXLE/FINAL-DRIVE RATIO 5.64:1/2.28:1 SUSPENSION, FRONT; REAR Struts, coil springs, anti-roll bar; multilink, coil springs, anti-roll bar STEERING RATIO 12.3:1 TURNS LOCK-TO-LOCK 2.3 BRAKES, F; R 11.1-in vented disc; 10.2-in disc, ABS WHEELS 7.5 x 18-in cast aluminum TIRES 235/60R18 103H (M+S) Hankook Kinergy GT DIMENSIONS WHEELBASE 104.7 in TRACK, F/R 62.9/63.5 in LENGTH x WIDTH x HEIGHT 180.6 x 73.0 x 66.5 in GROUND CLEARANCE 8.2 in APPRCH/DEPART ANGLE 20.8/24.8 deg TURNING CIRCLE 37.4 ft CURB WEIGHT 3,487 lb WEIGHT DIST, F/R 57/43% TOWING CAPACITY 1,500 lb SEATING CAPACITY 5 HEADROOM, F/R 37.8/38.3 in LEGROOM, F/R 41.3/40.4 in SHOULDER ROOM, F/R 57.9/55.6 in CARGO VOLUME 75.8/37.6 cu ft TEST DATA ACCELERATION TO MPH 0-30 2.8 sec 0-40 4.0 0-50 5.6 0-60 7.5 0-70 9.8 0-80 12.7 0-90 16.4 0-100 21.0 PASSING, 45-65 MPH 3.8 QUARTER MILE 15.8 sec @ 88.5 mph BRAKING, 60-0 MPH 115 ft LATERAL ACCELERATION 0.82 g (avg) MT FIGURE EIGHT 27.9 sec @ 0.60 g (avg) TOP-GEAR REVS @ 60 MPH 1,600 rpm CONSUMER INFO BASE PRICE $34,595 PRICE AS TESTED $34,595 STABILITY/TRACTION CONTROL Yes/Yes AIRBAGS 6: Dual front, front side, f/r curtain BASIC WARRANTY 3 yrs/36,000 miles POWERTRAIN WARRANTY 5 yrs/60,000 miles ROADSIDE ASSISTANCE 3 yrs/36,000 miles FUEL CAPACITY 14.0 gal REAL MPG, CITY/HWY/COMB 21.9/34.2/26.1 mpg EPA CITY/HWY/COMB ECON 27/33/29 mpg ENERGY CONS, CITY/HWY 125/102 kW-hrs/100 miles CO2 EMISSIONS, COMB 0.66 lb/mile RECOMMENDED FUEL Unleaded regular


The post 2017 Honda CR-V Touring AWD Long-Term Verdict appeared first on MotorTrend.

Categories: Property

Sales boost earnings at St Modwen

Property Week News Feed - Tue, 12/04/2018 - 08:23
St Modwen Properties expects to post an increase in earnings and return on capital over the next few years after it beat its asset sale targets.
Categories: Property

Puma Property Finance raises £200m for lending

Property Week News Feed - Tue, 12/04/2018 - 07:00
Puma Property Finance has raised £200m to grow its real estate lending business.
Categories: Property