Property

Atrium acquires €300m+Wars Sawa Junior

Property Week News Feed - Tue, 08/28/2018 - 17:32
Atrium has acquired the central Warsaw retail centre Wars Sawa Junior for €301m (£272m).
Categories: Property

IIHS: Lower urban speed limits mean less speeding

The Car Connection News Feed - Tue, 08/28/2018 - 16:36
At the annual Governors Highway Safety Association meeting Tuesday in Georgia, the IIHS released the results of a study showing Boston's recently lowered speed limits reduced the number of cars unsafely speeding. The insurance industry-funded group conducted its study in Boston, where speed limits were lowered in certain areas from 30 to 25 mph...
Categories: Property

More luxury, more money: 2019 Lincoln Continental to cost $47,140

The Car Connection News Feed - Tue, 08/28/2018 - 15:31
At $47,140, the 2019 Lincoln Continental will cost nearly $1,000 more than last year's version of the luxury sedan thanks to newly standard active safety tech. The 2019 Continental's price hike was first reported by Cars Direct last week. MORE: Read our 2018 Lincoln Continental review Lincoln previously charged extra for automatic emergency...
Categories: Property

Toyota-Uber tie-up, Monterey's record-breakers, Classic electric cars: What's New @ The Car Connection

The Car Connection News Feed - Tue, 08/28/2018 - 15:30
Toyota to invest $500M in Uber, will add self-driving Sienna minivans to fleet Toyota and Uber on Monday announced that they will work together on self-driving car development in an effort to put purpose-built autonomous Toyota Sienna minivans in the ride-share firm's fleet in 2021. App all-stars: The 10 best vehicles for Uber and Lyft drivers If...
Categories: Property

2019 Dodge Challenger

The Car Connection News Feed - Tue, 08/28/2018 - 15:19
The 2019 Dodge Challenger soldiers on as an unapologetic muscle car, offering new high-power models to go with its more practical V-6 models. We rate the Challenger a 6.3 out of 10, adding points for style and power, as well as easy-to-use infotainment. (Read more about how we rate cars.) This year, Dodge replaced the 840-horsepower Demon with a...
Categories: Property

Squarestone Growth buys two Birmingham office buildings for £21.58m

Property Week News Feed - Tue, 08/28/2018 - 15:10
Squarestone Growth has bought two office buildings near Solihull from Aviva Investors for £21.58m.
Categories: Property

Toyota to invest $500M in Uber, will add self-driving Sienna minivans to fleet

The Car Connection News Feed - Tue, 08/28/2018 - 15:06
Toyota and Uber on Monday announced that they will work together on self-driving car development in an effort to put purpose-built autonomous Toyota Sienna minivans in the ride-share firm's fleet in 2021. Toyota said that it will invest $500 million in Uber, which follows an undisclosed investment the automaker made in the ride-share firm in 2016...
Categories: Property

Mil Spec Automotive H1 First Drive: Sampling the Restomod Hummer

Motortrend News Feed - Tue, 08/28/2018 - 14:00

Don’t blame the three young bucks listed as co-founders of Mil Spec Automotive for this H1. No, the blame lies squarely with whomever is driving the price of original 2006 Hummer H1 Alphas up as high as a quarter-million bucks. Spending like that on vehicles like this represents “blood in the water,” and these sharks are circling. The MSA team asserts—and it’s hard to argue—that an H1 that’s been disassembled and reengineered to a Singer 911 standard represents a better value than does a “used” and worn vehicle originally assembled to a “close enough for government work” standard. Some 729 H1 Alphas were built, of which who knows how many are truly in the kind of condition that warrants its quarter-million-dollar asking price. Mil Spec is only hoping to convince a dozen potential buyers that theirs is the better bargain.

Every Mil Spec Automotive H1 will have started life as a 1995–2001 Hummer H1 civilian model. The team started out working with cheaper, easier-to-source military examples, but their VINs cannot be registered in all states, hence the switch to less prevalent civi H1s. The vehicle is disassembled to a nut-and-bolt level; the frame is checked, cleaned, powder-coated in gloss black, and reassembled with all new hand-torqued fasteners. The 10-gauge aluminum bodies are similarly inspected, and many require rework, because of the considerable amount of flex permitted by the original. They’re then upgraded with sound, vibration, and thermal insulation, and ultimately painted with a thick, rugged bed-liner-type material that can be tinted different colors and contains Kevlar to improve scratch resistance. They’re then titled according to the year of their original VINs.

Naturally, Mil Spec upgrades the most miserable part of the early H1: its powertrain. Out goes the wheezing 6.2-liter diesel, or 6.5-liter turbodiesel, or 5.7-liter Small Block gas V-8 and the three- or four-speed automatic that backed it up. In goes a 6.6-liter Duramax turbodiesel V-8 and an Allison 1000 six-speed automatic transmission. H1 Alphas used the LLY-code version of this engine, but MSA acquires and remanufactures the slightly later LBZ-code variant that received numerous strengthening upgrades. This is necessary to withstand the Mil Spec tuning that elevates output from the 360 hp and 650 lb-ft it made in GM’s heavy-duty pickups to 520 hp and 1,000 lb-ft. The cooling package is enhanced to match.

MSA is claiming a 0–60 time of 5.5 to 6.0 seconds, depending on body configuration and options (read: mass) and a top speed of 94 mph. That’s well down from the 11.1 seconds we measured on a 2006 model 7,558-pound H1 Alpha SUV. Speaking of mass, the finished trucks are coming out at about 6,900 pounds for the two-door pickup to 7,600 pounds for a full-tilt-boogie SUV.

The inboard vented and slotted 10.5-inch brake rotors and the halfshafts that connect them to the gear-reduction hubs are also uprated to 12,000-pound GVWR standards. There’s no ABS or parking brake function, however. MSA has been toying with a track-rat variant that is a soft-top model with cloth doors that weighs less than 6,000 pounds and is lowered 10 inches (6 from the suspension plus 4 from the tires—they did not invert the gear-reduction hubs). Fitted with an Intrepid Package the company is developing to boost engine output to 800-plus hp and 1,700 lb-ft of torque, its 0–60 is said to drop to around 5 seconds.

With Singer Porsches as MSA’s business-case template, the design changes little inside or out, but everything is finished to a much higher standard with minimal plastic parts in evidence. MSA was able to rearrange the interior somewhat in an attempt to reduce the feeling of claustrophobia, but the reality of that high-riding girder chassis off which the occupants are slung like saddlebags is that the four passengers still ride far away from each other and jammed up against doors that still can’t have armrests. There are dual air-conditioning units, but each blows pretty high-speed air through a pair of Ford Super Duty round air vents and floor registers. There’s no thermostatic control, so it’s kind of a freeze-or-fry proposition (MSA is looking for a new supplier). The window switches are from older BMW M3s because of the tactile click they provide. Naturally, USB jacks, Bluetooth capability, and a kickin’ sound system are part of the program.

Our test drive is in a 7,400-pound four-door hardtop pickup model equipped with the $5,499 Bold Body and Tire package that adds about 7 inches to the width and fits 38×15.5R20LT tires. (MSA does not retain the problematic central tire-inflation system, but a standard onboard compressor eases the task of airing tires up and down for sand-dune running.) This is the original prototype vehicle that will be used as a dealer demonstrator. A soft-top starts at $218,499. This four-door hardtop body style adds $13,999, and with a few more options, its final sticker price is $239,295.

Having road-tested both the first H1 diesel prototype and a later gasser, I’m immediately struck by how much more lively this powertrain is. Throttle response is linear and detectable, unlike with that first one. Another uniquely endearing H1 trait: The little back-and-forth motion you get after you come to a stop, due to halfshaft windup and slop in the reduction gears. The sound deadening efforts go far to insulate the powertrain noise, but the roar from the knobby tires still gets in (there’s $5,499 we’d save). Brake feel from the hydraulically boosted system is firm and confident, and the stoppers seem capable of besting the 164-foot stopping distance from 60 we measured in the 2006 H1 Alpha. Steering effort is quite reasonable from the small-diameter steering wheel that obscures my view of the speedometer for speeds above 60 mph. Ride quality feels pretty similar to that of the original H1—which is to say, rough and a little jarring, especially on these gigantic and heavy tires. Of course, one shouldn’t buy a military specification vehicle expecting a magic carpet ride.

If you’re trolling duPont Registry or the big auction catalogs for H1 Alphas, you should absolutely give Mil Spec a long, hard look. The performance upgrade alone justifies the similar spend. The modern fittings and nicer trim are pure cake-icing.

Mil Spec Automotive H1 BASE PRICE $218,499, $247,498 VEHICLE LAYOUT Front-engine, 4WD, 4-pass, 5-door truck ENGINE 6.6L/520-hp/1,000-lb-ft turbodiesel OHV 32-valve V-8 TRANSMISSION 6-speed automatic CURB WEIGHT 6,900-7,600 lb (mfr) WHEELBASE 130.0 in LENGTH X WIDTH X HEIGHT 195.5 x 86.5-94.5-85.0-100.0* in 0-60 MPH 5..5-6.0 sec (mfr est) EPA CITY/HWY/COMB FUEL ECON Not rated ON SALE IN U.S. Currently *estimated

The post Mil Spec Automotive H1 First Drive: Sampling the Restomod Hummer appeared first on Motor Trend.

Categories: Property

Acorn acquires Exeter site for £50m mixed-use scheme

Property Week News Feed - Tue, 08/28/2018 - 13:33
Acorn Property Group has completed the purchase of an eight-acre site close to Exeter city centre, on which it plans to develop a £50m housing-led scheme.
Categories: Property

Capital & Regional given formal planning consent for Walthamstow development

Property Week News Feed - Tue, 08/28/2018 - 13:32
Capital & Regional has received formal planning consent for an extension and redevelopment of Walthamstow shopping centre.
Categories: Property

Buccleuch and Wrenbridge get council backing for Dartford industrial

Property Week News Feed - Tue, 08/28/2018 - 13:25
Buccleuch Property and Wrenbridge have received planning permission from Dartford Borough Council to develop four new warehouse units within the council-backed mixed-use business park The Bridge.
Categories: Property

House of Fraser attacks "greedy" landlords

Property Week News Feed - Tue, 08/28/2018 - 13:24
House of Fraser has labelled its landlords “greedy” for resisting new owner Mike Ashley’s attempts to cut rents on the department store’s 59 outlets.
Categories: Property

Former BeRealty manager joins Rettie to focus on BTR

Property Week News Feed - Tue, 08/28/2018 - 13:10
Rettie & Co has strengthened its build to rent (BTR) team with the hire of Pedrom Aghabala as asset manager to lead the group’s expansion having been appointed on PfP Capital’s £150m MMR Fund.
Categories: Property

Reuben brothers snap up Shoreditch hotel and club

Property Week News Feed - Tue, 08/28/2018 - 13:02
David and Simon Reuben have acquired a luxury hotel and members’ club in Shoreditch, east London from hotelier Michael Achenbaum.
Categories: Property

Aviva Investors to fund Gravesend shopping centre regeneration

Property Week News Feed - Tue, 08/28/2018 - 12:44
Aviva Investors has signed a deal with Gravesham Borough Council and developer Reef Group to regenerate a shopping centre in Gravesend, in what the council described as a major step in the town’s redevelopment.
Categories: Property

UBS-AM flows into Amsterdam office with forward purchase

Property Week News Feed - Tue, 08/28/2018 - 11:19
UBS Asset Management’s REPM business has completed the Amsterdam office development ‘The Flow’ from ToBeDeveloped.
Categories: Property

Meyer Bergman enters last mile logistics with senior hire

Property Week News Feed - Tue, 08/28/2018 - 09:41
Private equity real estate manager Meyer Bergman has added to its senior management team as it widens its investment strategy to include ‘last mile logistics’.
Categories: Property

Meyer Bergman adds to senior team as it expands investment strategy

Property Week News Feed - Tue, 08/28/2018 - 09:41
Private equity real estate manager Meyer Bergman has added to its senior management team as it widens its investment strategy to include ‘last mile logistics’.
Categories: Property

Civitas buys £32m social housing portfolio

Property Week News Feed - Tue, 08/28/2018 - 08:25
Civitas Social Housing has paid £32m for four regulated social housing assets.
Categories: Property

TCS buys The Cube in Leeds

Property Week News Feed - Tue, 08/28/2018 - 08:12
Town Centre Securities (TCS) has paid Aviva £12m for The Cube in Leeds.
Categories: Property

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