Property

Westminster to make ‘biggest changes to planning for a generation’

Property Week News Feed - Fri, 10/12/2018 - 12:31
Westminster is gearing up to launch a new City Plan, which council leader Nickie Aiken said would “give the property industry the ability to deliver”.
Categories: Property

​Two new directors climb to top team at Hill

Property Week News Feed - Fri, 10/12/2018 - 12:10
Housebuilder Hill has strengthened its senior leadership team with the appointment of Rob Jack as regional director of the Eastern Region and the promotion of Tom Hill to regional director of the Cambridge investment partnership division.
Categories: Property

Patisserie Valerie facing closure without cash injection

Property Week News Feed - Fri, 10/12/2018 - 11:59
The owner of 200-store café chain Patisserie Valerie has said it will not be able to continue trading in its current form without an “immediate injection of capital”.
Categories: Property

Coast to close all UK stores as it enters administration

Property Week News Feed - Fri, 10/12/2018 - 11:17
Women’s fashion retailer Coast has collapsed into administration and will close all of its 24 standalone stores.
Categories: Property

Tritax Big Box forward funds £89m Bosch build at Midlands Logistics Park

Property Week News Feed - Fri, 10/12/2018 - 11:04
Tritax Big Box REIT has agreed to forward fund the development of a new £89.3m national distribution centre for Bosch Group’s BSH Home Appliances at Midlands Logistics Park in Corby.
Categories: Property

Maidenhead mall enters receivership

Property Week News Feed - Fri, 10/12/2018 - 10:35
The Nicholsons Centre in Maidenhead, Berkshire has entered receivership after it became unable meet its financial obligations.
Categories: Property

GPE secures £450m credit facility

Property Week News Feed - Fri, 10/12/2018 - 09:23
Great Portland Estates has signed a £450m unsecured revolving credit facility at a headline margin of 92.5 basis points over LIBOR.
Categories: Property

LXi nets £175m to comfortably beat fundraising target

Property Week News Feed - Fri, 10/12/2018 - 09:17
LXi REIT has completed a £175m capital raising – well above the target fundraising size of £100m.
Categories: Property

2020 Subaru Outback: What to Expect From Subie’s Next Wagon-Like Crossover

Motortrend News Feed - Fri, 10/12/2018 - 09:00

The Subaru Outback is an enigma. Essentially a wagon variant of the Legacy sedan with the stance and off-road capability of a crossover, the Outback is a vehicle for people who don’t necessarily like crossovers. Despite its unusual position in the market, it’s Subaru’s best-selling vehicle in the U.S., and for good reason. We continue to praise the current model for its high-quality interior, comfortable ride, and communicative steering even as it enters old age. Fortunately, Subaru will soon introduce a next-generation Outback to keep it competitive with its rivals. Read below to learn more on what’s in store for the new Subaru Outback.

New bones

Every new model is destined to sit on the Subaru Global Platform, and the Outback and its Legacy stablemate are no exceptions. The new platform promises increased rigidity in the body and chassis as well as stronger joints between parts. These changes should translate to improvements in ride quality and handling, in addition to less noise and vibration in the cabin. This is exactly what we’ve been seeing in the new Impreza and Forester that recently moved to the new platform. So in short, the new Outback should drive and ride better than its predecessor.

Conservative looks

If you’re looking for something a little more avant-garde than the current model, don’t hold your breath. The next Outback probably won’t be much bolder looking than the vehicle it replaces. Subaru is known for making minor design changes on its models from year to year, and that’s what we expect for the new Outback. That said, the crossover should receive some updates, including a slightly redesigned front end resembling other new Subarus like the Forester and Ascent. It’s also likely to grow bigger, allowing for more space inside the cabin.

Powertrains

Right now, Outback buyers can choose between two engines: a 2.5-liter boxer-four making 175 hp and 174 lb-ft of torque and a 3.6-liter boxer-six with 256 hp and 247 lb-ft. For the new generation, expect Subaru to get rid of the six-cylinder option in the name of fuel efficiency.

The Outback may continue to use the 2.5-liter engine, although it would produce more power than the current version. It would also come with direct injection, since Subaru aims to upgrade all its models with this technology. Consider the 2019 Forester, which received an updated 2.5-liter flat-four with direct injection, making 12 more hp and 2 more lb-ft of torque than its predecessor.

Subaru could replace the optional flat-six with the 2.4-liter turbocharged boxer-four from the new Ascent. That engine delivers 260 hp and 277 lb-ft of torque in the three-row crossover, or 4 hp and 30 lb-ft more than the Outback’s current naturally aspirated six. If the next Outback does adopt a turbo engine, fuel economy should improve slightly.

All-wheel drive will remain standard on the Outback. Also expect the model to come exclusively with a CVT.

How much, and when?

To give you a brief time line of recent Outbacks, we saw new generations debut for 2000, 2005, 2010, and 2015. That means we should expect the next Outback to arrive for the 2020 model year. Subaru began selling 2019 models this summer, so the new generation should surface sometime next year.

Currently, the Outback starts at $27,320, but prices will likely increase for the new generation. Take the 2019 Forester as a guide: The new base model starts at $25,270, compared to $24,710 for the previous version equipped with a CVT.

Pictured is the current-generation Subaru Outback.

The post 2020 Subaru Outback: What to Expect From Subie’s Next Wagon-Like Crossover appeared first on Motor Trend.

Categories: Property

​House of Fraser buys Glasgow store for £95m

Property Week News Feed - Fri, 10/12/2018 - 07:50
House of Fraser has acquired the freehold of the Frasers building in Glasgow for £95m, vowing to turn the store into the “Harrods of the North”.
Categories: Property

2019 Toyota C-HR recalled over wheel loss risk

The Car Connection News Feed - Fri, 10/12/2018 - 05:01
Toyota on Thursday said that it will recall its subcompact crossover SUV over concerns that their rear wheels could come off due to improperly tightened bolts. The recall covers just a handful of 2019 Toyota C-HR vehicles—about 700, Toyota said in a statement. MORE: Read our 2019 Toyota C-HR review At fault are rear axle bearing bolts that...
Categories: Property

Report: Next Jaguar F-Type to Get BMW Power

Motortrend News Feed - Fri, 10/12/2018 - 02:30

Jaguar has made it pretty clear that it’s still committed to sports cars, despite its move into SUVs and entry-level sedans. We’ve heard Jaguar is eyeing a 2+2 sports car, and a new report seems to have more information. According to CAR Magazine, Jaguar will replace the two-seat F-Type with a 2+2 equipped with BMW’s 4.4-liter twin-turbo V-8.

That engine could be the one found in the BMW M5, where it makes 600 hp, or 617 hp in Competition Package guise. The current F-Type tops out at 575 hp with its aging 5.0-liter supercharged V-8.

The report says that the new engine, which should be more efficient than the current one in the F-Type, will also make its way to a range of higher-end Jaguars and Range Rovers. Other vehicles will continue to use engines from Jaguar Land Rover’s own Ingenium family, which currently includes four-cylinders but will also likely add inline-sixes eventually.

Arriving in 2020, the new F-Type will sit on a lighter architecture. CAR confirms it will keep its engine at the front despite rumors it would be mid-engine. On the contrary, Jaguar is thinking of a possible additional model that could get this mid-engine configuration. A fully electric F-Type is under consideration, but it won’t arrive before 2023, the report says.

Last year, design chief Ian Callum lamented the discontinuation of the XK and told Autocar he wanted both a two-seater and a 2+2 in the lineup. “We’re working on something now,” he said. “There’s nothing approved, but we instigate in design. That’s what we do.” Hanno Kirner, Jaguar’s product strategy boss, also recently hinted at multiple sports cars, “We love sports cars—and I use the plural quite deliberately,” Kirner said to Autocar. “Whether that is delivered by a body variant or something else remains to be seen, but for now, let’s just say that the body type is very important for us.”

For now, we can’t be exactly sure what Jaguar has cooking. But a BMW-powered Jaguar 2+2 has us intrigued, and we’ll be keeping an ear out for more information.

Source: CAR Magazine

The post Report: Next Jaguar F-Type to Get BMW Power appeared first on Motor Trend.

Categories: Property

Five Custom 2018 Ford Mustang Coupes Headed to SEMA

Motortrend News Feed - Fri, 10/12/2018 - 01:30

The 2018 SEMA Show is right around the corner, and as usual, Ford plans to have a wide variety of modified vehicles on display. This year, Ford says its booth will be filled with more than 50 cars, trucks, and SUVs, so these first five modified Mustangs announced this week are just the beginning.

Galpin Auto Sports Mustang GT

Starting with a 2018 Ford Mustang GT coupe, dealership and custom shop Galpin Auto Sports went for a road racer look with a custom wide-body kit, front splitter, rear diffuser, and 20-inch wheels wrapped in Toyo R888-R competition rubber. The 5.0-liter Coyote V-8 receives a Ford Performance/Roush supercharger and cat-back exhaust, and the six-speed manual transmission benefits from a Ford Performance short-throw shifter. The stock springs, shocks, and anti-roll bars have all been replaced by parts from Ford Performance, and the brakes have been upgraded to Shelby GT350R spec.

CJ Pony Parts Mustang GT “Smoke Show”

Mustang parts retailer CJ Pony Parts returns to SEMA with a Mustang GT drift car. Though it’s hard to see in this rendering, the pony car wears a stars and stripes livery in dark shadow gray, which is contrasted by copper accents. Thanks to a Ford Performance/Roush supercharger, the car’s stock 5.0-liter V-8 has been boosted to more than 700 hp, which should be plenty to break Michelin Pilot Sport 4 S summer tires loose. If more persuasion is needed to hang the rear end out, this drift ‘Stang comes equipped with a hydraulic handbrake from Sikky Manufacturing. Ford Performance track springs lower the car on 20-inch HRE FF04 wheels finished in copper. Inside, there’s a Watson Racing roll cage painted to match the rest of the car’s copper accents, along with Recaro seats and Corbeau five-point harnesses.

CGS Motorsports Mustang GT

Yet another Mustang GT with a Ford Performance/Roush supercharger, this build from CGS Motorsports is ready for Halloween with its dark exterior theme and blood red accents. The GT wears a custom wide-body kit from TS Designs, a rear spoiler and hood vents from Air Design, LED undercar lighting from Rigid Industries, and a staggered set of Savini forged wheels measuring 22 x 9.5 inches in the front and 22 x 13 in the rear. Inside, you’ll find Napa leather upholstery and LED lighting by Diode Dynamics.

Tjin Edition Mustang EcoBoost

SEMA Show veteran Tjin Edition chose the turbocharged 2.3-liter EcoBoost Mustang over the 5.0-liter GT for its build this year. Finished in a custom Electric Purple paint by PPG, the four-cylinder Mustang also sports an RTR body kit, custom wide-body fenders with exposed rivets, yellow fog lamps, and a staggered set of gold Forgeline center-lock wheels measuring 20 x 10.5 in front and 20 x 13 in the back. The engine gets an upgraded turbocharger from BorgWarner along with racing-spec replacements for the exhaust manifold, downpipe, intercooler, and charge pipes. The car rides on an adjustable Air Lift 3H suspension and gets a Baer Grizzly big brake upgrade in front.

Bojix Design Mustang GT

This Mustang GT by Bojix Design should help brighten up Ford’s SEMA booth with its two-tone blue and gray paint scheme. Using Ford Performance springs and shocks, the car is lowered on Savini SV67 wheels that measure 20 x 10 up front and 20 x 11.5 in the rear. The custom pony car also gets an APR carbon-fiber front splitter and rear wing, custom lower front grille, and a front bumper, side skirts, and hood vents from Air Design. Not to be outdone by the other blown GTs on this list, Bojix Design installed a Procharger Stage 2 supercharger and a custom “supercar” exhaust with Borla mufflers. Inside, you’ll find Recaro Sportster CR seats upholstered in black leather with black stitching, a deleted rear seat, and a Kicker stereo system with 10-inch Solo-Baric L7 subwoofers.

Ford should release details on the other custom rides it will feature in its booth over the coming weeks, so stay tuned.

Source: Ford

The post Five Custom 2018 Ford Mustang Coupes Headed to SEMA appeared first on Motor Trend.

Categories: Property

Samsung makes a smart move for resi

Property Week News Feed - Fri, 10/12/2018 - 01:00
Tech giant understood to be in exploratory talks with modular housing firms.
Categories: Property

Capital & Regional plans to build more housing on top of shopping centres

Property Week News Feed - Fri, 10/12/2018 - 01:00
Capital & Regional is working up plans to build more housing on top of its shopping centres.
Categories: Property

FCA reform plan raises fears of a retail funds ‘lockdown’

Property Week News Feed - Fri, 10/12/2018 - 01:00
Industry questions proposal to suspend property funds where there is ‘material uncertainty’ over values.
Categories: Property

South East Q3 office lettings exceed 1m sq ft

Property Week News Feed - Fri, 10/12/2018 - 01:00
South East office take-up for the third quarter of 2018 reached 1m sq ft for the first time in four years, reveals data from Colliers International shared exclusively with Property Week.
Categories: Property

LDO is first shopping centre to bag Dropit delivery service

Property Week News Feed - Fri, 10/12/2018 - 01:00
London Designer Outlet (LDO) at Wembley Park will become the first UK shopping centre to offer the app-based, store-to-door delivery service Dropit.
Categories: Property

Evans Randall nears £200m deal for Clerkenwell Collection

Property Week News Feed - Fri, 10/12/2018 - 00:00
Evans Randall is on the verge of buying seven properties close to the new Farringdon Crossrail station for up to £200m.
Categories: Property

Bollinger B2 is an All-Electric, Aluminum-Bodied Pickup

Motortrend News Feed - Thu, 10/11/2018 - 18:45

Bollinger Motors beat Jeep, Land Rover, and everyone else to the punch when it introduced an all-electric off-road SUV called the B1 a year ago. Now, the company is at it again with the B2 electric pickup that looks equally utilitarian. At this time, the New York-based EV maker has only released CAD renderings of the truck, but it hopes to build functional prototypes early next year.

Specs for the new pickup are pretty much the same as for the B1. Both aluminum-bodied vehicles have a front and rear motor enabling an output of 520 hp and 514 lb-ft of torque. This powertrain is apparently good for a 0-60 time of 6.5 seconds and a top speed of 100 mph. Both vehicles receive a 120-kilowatt-hour battery pack and an estimated range of 200 miles per charge. The B2 is about 200 pounds heavier than the B1, but they can both tow 7,500 pounds. Of course, all-wheel drive is standard. Just like the B1, the B2 benefits from 15 inches of ground clearance.

Of course, the biggest difference between the two models is in the rear. The pickup truck’s bed measures 4-feet-1-inch wide by 5-feet-9-inches long. With the rear seats removed, the truck can carry 72 4×8 sheets of plywood, Bollinger claims. The pickup has the same pass-through doors as the SUV as well as the same frunk measuring 14 cubic feet.

Besides a gas tank, you’ll notice a few other things are missing. The truck seats only four people, and if it’s anything like the B1, you won’t find modern accoutrements like a big touchscreen or soft dashboard panels. Oh, and Bollinger says the final vehicles won’t have airbags, but they’ll be engineered “to safety standards that exceed federal regulations using seat belts.”

Pricing hasn’t been announced yet. The B1 and B2 will enter production on the same assembly line in 2020. Buyers can reserve a B1 or B2 on Bollinger’s website.

Source: Bollinger Motors

The post Bollinger B2 is an All-Electric, Aluminum-Bodied Pickup appeared first on Motor Trend.

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