Green light for residential tower in Digbeth

Property Week News Feed - Thu, 01/18/2018 - 12:42
PGC Capital has secured planning permission for a landmark 25-storey tower as part of a major residential development in Birmingham.
Categories: Property

Countrywide shares nosedive on profit warning

Property Week News Feed - Thu, 01/18/2018 - 12:28
Shares in Countrywide slumped 16% this morning after the estate agency group issued a profit warning – but its commercial agency business Lambert Smith Hampton (LSH) is set to post strong profit growth.
Categories: Property

CBRE GI buys Milton Keynes warehouse for £12.8m

Property Week News Feed - Thu, 01/18/2018 - 12:21
CBRE Global Investors has bought a 103,644 sq ft warehouse in Milton Keynes from Bollinwater Estates for £12.8m.
Categories: Property

Stamp duty impact yet to kick in says RICS

Property Week News Feed - Thu, 01/18/2018 - 12:18
Appetite among house buyers continued to fall in December as a cut in stamp duty for first-time buyers failed to boost the market, according to the Royal Institute of Chartered Surveyors (RICS).
Categories: Property

Caravan Coffee Roasters team picks City site for new venture

Property Week News Feed - Thu, 01/18/2018 - 12:17
Rosslyn Coffee, the new coffee operator from the team behind King’s Cross cafe Caravan Coffee Roasters, has let 78 Queen Victoria Street in the City for its debut café.
Categories: Property

Caravan team picks City site for new coffee venture

Property Week News Feed - Thu, 01/18/2018 - 12:17
Rosslyn Coffee, the new coffee operator from the team behind King’s Cross restaurant Caravan, has let 78 Queen Victoria Street in the City for its debut café.
Categories: Property

Malaysian investors near £1.6bn deal for Battersea Power Station building

Property Week News Feed - Thu, 01/18/2018 - 11:40
Malaysia’s Permodalan Nasional Berhad (PNB) and the Employees Provident Fund of Malaysia (EPF) are nearing a deal to acquire the central Battersea Power Station building that values the 2.5m sq ft property at about £1.6bn.
Categories: Property

Cushman & Wakefield hires head of London cost consultancy

Property Week News Feed - Thu, 01/18/2018 - 11:05
Paul Montgomery has been appointed by Cushman & Wakefield to lead its London cost consultancy team.
Categories: Property

Infiniti takes innovative approach to encourage orders for 2019 QX50

The Car Connection News Feed - Thu, 01/18/2018 - 11:00
Infiniti is planning a novel reward system for customers of its 2019 QX50 crossover. The more people that place an order for one, the more "luxury gifts" QX50 owners will receive. There will be at least three levels of prizes, depending on the number of individuals who purchase or lease the car. Though the QX50's official on-sale date of February...
Categories: Property

Corby warehouse bought by AEW UK for £12.4m

Property Week News Feed - Thu, 01/18/2018 - 10:23
AEW UK REIT has bought a 52,000 sq ft warehouse in Corby for £12.4m, reflecting a net initial yield of 10%.
Categories: Property

2018 Jeep Grand Cherokee Trackhawk First Test Review: Power Mad

Motortrend News Feed - Thu, 01/18/2018 - 09:00

There’s a line from Moby-Dick, “In a whaler wonders soon wane.” Cetaceans are awesome creatures, magnificent mammalian consequences of evolution. Awesome, in the older, proper sense of the word. And in a life spent in their pursuit, so filled was it with wonder, the whaler soon grew immune to unsubduable excitement. As much as I try and not let myself get numb to the routine of driving fantastic dream machinery, it happens.

So imagine my surprise when, leaving Motor Trend HQ one afternoon, I floored the Jeep Grand Cherokee Trackhawk and found myself laughing like a fool for 30 seconds straight. Mind you, I only floored the big, red Jeep for about three seconds, but that was enough to make me giggle and guffaw for 10 times as long. I wasn’t in Sport mode or Track mode, and I wasn’t using launch control.

As Jimi Hendrix would term it, I am experienced. Experienced with both powerful and crazy. The AMG 6×6 jumps to mind, as does the Lamborghini Urus, the Lamborghini LM002, the BMW X6 M, and even a good old Unimog. I’ve also driven a number of cars with 700-plus horsepower; heck, I had a Dodge Charger Hellcat for a year. Until recently, however, I’d never driven an SUV with 700-plus horsepower.

Well, live long enough, and you’ll see everything. Including the new Jeep Grand Cherokee Trackhawk, the family SUV with a 707-horsepower 6.2-liter supercharged V-8 under the hood. Crazy? By design. It’s refreshing, both personally and professionally, to get whomped over the head by something as utterly ridiculous as the Trackhawk. But is it any good?

I had been in the Trackhawk’s driver’s seat for maybe a minute and just buried my right foot. To brag a little, I’ve hit 171 mph on the front straight of Big Willow in a Porsche 918 and hit 193 mph on the Bonneville salt in an AMG GT S. I’m used to big machines doing big things. But none of them tickled my funny bone like this $100,960 Jeep. I haven’t laughed about a car like that since … I don’t remember.

What’s it feel like? Well, some of the giggles come from how it launches the opposite of a Hellcat. Perhaps not what you’d expect because the two vehicles sport the same engines, same power, and nearly the same torque (645 versus 650 lb-ft). The thing is, although the Hellcat is both a Pirelli shareholder’s best friend and a smoke machine, the Trackhawk—by virtue of all-wheel drive—puts all that screaming supercharged fury down to the pavement. The big Jeep also lurches back on its haunches in a fun but startling way. For a brief moment, it feels as if the Trackhawk’s beak is pointed at the sun. The adaptive Bilsteins are actually fairly stiff (and would be stiffer still if I’d been in Track mode), but with 70 percent of the power hitting the rear wheels, thanks to a fixed torque split, this Jeep is going to lean back when launching.

How does this thing handle? Another reminiscence if I may. Since I’ve driven the Porsche 918, I inevitably get asked how it is to drive. “Fast,” I say. “It’s just fast.” Meaning, I know that I drove four laps around the big track at Willow Springs, but I literally remember nothing about the 889-hp hybrid hypercar, save for how fast it is. Nada. Same is true for the Trackhawk, only in terms of initial acceleration. I know I took some corners in it, but the bulk of my memory comes from that first launch. It’s just so brutally quick that I know I drove the Jeep aggressively on a curvy road, but I just can’t get past the fury of leaving from a dead stop. Speaking of which …

The Trackhawk hit 60 mph in 3.3 seconds in our testing, beating Jeep’s claimed time of 3.5 seconds. The quickest we’ve ever hit 60 mph in Hellcat testing is 3.7 seconds, for both the Challenger and the Charger (both were eight-speed autos—we’ve never tested a manual). For SUVs, the quickest to 60 mph we tested before the Trackhawk were Tesla Model X (3.2 seconds), the Bentley Bentayga (3.5 seconds), the BMW X6 M (3.7 seconds) and the Mercedes-AMG GLE 63 S Coupe 4Matic (3.9). Lamborghini is claiming 3.7 seconds to 60 mph for the 650-hp Urus, though I think we’ll see 3.4. Discounting the instant-on torque of the Tesla, so far, so good for the Trackhawk.

But right now is as good a time as any to mention one little caveat: We weighed the Trackhawk, and the results aren’t pretty—5,448 pounds. That’s a lot of SUV. That AMG, for instance—which coincidently shares the same underpinnings as the Trackhawk, the last remnants of DaimlerChrysler—weighs nearly 100 pounds less (5,359 pounds). The X6 M comes in at a relatively trim 5,187 pounds. All of which makes the Trackhawk’s acceleration that much more crazy.

To continue that conversation, in the quarter-mile test, the Trackhawk runs 11.7 seconds at 116.2 mph. Did you ever think we’d see the day when a production SUV runs the quarter in the 11s? That’s just crazy! Or should I say ludicrous, as the Model X when in Ludicrous mode also runs an 11.7-second quarter mile. However, the Trackhawk’s trap speed is 0.2 mph higher than the Model X’s, so Jeep beats Tesla in a drag race. What a world. Speaking of 11s, the 600-horsepower Bentayga runs 11.9 seconds at 117.1 mph. Some other fast SUVs for you to consider: the X6 M, but that slowpoke took 12.1 seconds at 114.3 mph. The quickest we’ve ever seen a four-door Hellcat run is 11.8 seconds at 124.3 mph. Meaning the Jeep is quicker, but the extra 900 pounds of lard and AWD hardware slows it down in terms of velocity, hence the 8-mph gap at the end of 1,320 feet. The quickest two-door Hellcat ties the Trackhawk at 11.7 seconds, but its trap is higher still at 125.4 mph.  The Challenger Hellcat just happens to weigh 999 pounds less than the Trackhawk. (That’s 666 if you invert—coincidence or conspiracy?) Just to further impress upon you how quick this Jeep is, the Corvette Grand Sport hits 60 mph in 3.9 seconds and runs the quarter mile in 12.2 at 116.1 mph. Moreover, the 650-hp Camaro ZL1 with the 10-speed auto hits 60 mph in 3.5 seconds and runs the quarter mile in 11.5 seconds at 125.0. This Jeep is straight-line legit.

The Trackhawk’s stopping power is neither great nor terrible—108 feet from 60 mph , not supercar distances but impressive given its ample heft. The figure eight is another story. The time itself is solid: 24.7 seconds, which happens to tie the single Challenger Hellcat. We’ve tested three different Charger Hellcats and have seen 24.4, 24.5, and 24.6 seconds. Meaning this big Jeep can hustle. The experience, however, is more of a mixed bag. “I just about put my foot through the floor on the first lap because the stopping power wasn’t what I was expecting from the Brembos and P Zeros,” road test editor Chris Walton said. “Granted, it’s a heavy mutha, and it goes across the middle of the course at 79 mph, but I really had to back up the brake zone by about three Jeep lengths to make the corner of the skidpad.

“Once there, it turns in rather slowly, offers only a little hint of the front tires’ punishment, and eventually settles into terminal understeer,” he continued. “The exit, however, is where the ‘Wheeeeee’ happens. You can literally stand on the loud pedal and do a four-wheel drift until it’s pointing straight. Then it simply goes like stink. Finally, all-wheel drive to make use of all that Hellcat horsepower and torque that can’t be fully utilized in either the Challenger or Charger.”

I completely agree with Chris on that last point. I got bored of having to change tires on our long-term Hellcat. Simply put, the 707-hp barcalounger couldn’t put its prodigious power to the ground. This supercharged super Jeep sure can.

Before the Trackhawk, if you would have told me that one day there will be a $100,000-plus Jeep, I would have assumed it would have been some sort of luxurious, reborn Grand Wagoneer—complete with the off-road chops the fabled brand is known for. I never would have seen a dragstrip bruiser in the cards. Yet here we are. I’m sure we can all agree that there’s no need for a vehicle like this. But boy, are we all happy Jeep gave it the green light. I got no problem with crazy, as long as it’s the good kind of crazy. You know, the kind that makes a supercar saturated car scribe giggle like a todder. Ain’t no wonder waning here.

2018 Jeep Grand Cherokee Trackhawk Supercharged BASE PRICE $86,995 PRICE AS TESTED $100,960 VEHICLE LAYOUT Front-engine, AWD, 5-pass, 4-door SUV ENGINE 6.2L/707-hp/645-lb-ft supercharged OHV 16-valve V-8 TRANSMISSION 8-speed automatic CURB WEIGHT (F/R DIST) 5,448 lb (56/44%) WHEELBASE 114.7 in LENGTH x WIDTH x HEIGHT 189.8 x 76.5 x 67.9 in 0-60 MPH 3.3 sec QUARTER MILE 11.7 sec @ 116.2 mph BRAKING, 60-0 MPH 108 ft LATERAL ACCELERATION 0.90 g (avg) MT FIGURE EIGHT 24.7 sec @ 0.79 g (avg) EPA CITY/HWY/COMB FUEL ECON 11/17/13 mpg ENERGY CONS, CITY/HWY 306/198 kW-hrs/100 miles CO2 EMISSIONS, COMB 1.48 lb/mile

The post 2018 Jeep Grand Cherokee Trackhawk First Test Review: Power Mad appeared first on Motor Trend.

Categories: Property

NewRiver closes in on acquisitions

Property Week News Feed - Thu, 01/18/2018 - 08:42
NewRiver has said it is in advanced negotiations on more than £50m of acquisitions and revealed progress on a number of development projects.
Categories: Property

Workspace posts solid quarterly letting figures

Property Week News Feed - Thu, 01/18/2018 - 08:38
Workspace has reported solid letting figures and enquiry numbers for the final quarter of 2017.
Categories: Property

2018 Ram 1500

The Car Connection News Feed - Wed, 01/17/2018 - 23:07
Ram has been doing big-rig style on its pickups for a quarter of a century now, but the 2018 Ram 1500 doesn’t have time to stop and blow out the candles. This impressive line of full-size trucks offers a commendable blend of utility and comfort with eye-catching style. We’ve rated the entire lineup at 6.2 out of 10 points. Rams deliver...
Categories: Property

2018 Ram ProMaster

The Car Connection News Feed - Wed, 01/17/2018 - 22:56
The 2018 Ram ProMaster is a full-size commercial van ready to deliver mail, stop by to fix your plumbing, or that can be a blank slate ready to be converted into a recreational vehicle. It’s not pretty, but the ProMaster gets the job done well and boasts a remarkably tight turning radius. It rates a 4.0 out of 10 on our scale, a reflection...
Categories: Property

2018 Ram ProMaster City

The Car Connection News Feed - Wed, 01/17/2018 - 22:52
The 2018 Ram ProMaster City is an urban workhorse that offers commendable maneuverability and lots of storage in a small footprint. It’s not pretty, but it gets the job done fairly well. We’ve rated it at 4.8 out of 10, although that’s an incomplete score with no safety data. (Read more about how we rate cars.) Two different...
Categories: Property

2018 Ram 2500

The Car Connection News Feed - Wed, 01/17/2018 - 22:48
The 2018 Ram 2500 heavy-duty pickup truck offers way more capability than most of us will ever need, but those who regularly haul heavy loads will find it to be a superlative choice. In our eyes, the Ram 2500 scores a commendable 6.3 out of 10, albeit with some asterisks. (Read more about how we rate cars.) That heady score doesn’t take into...
Categories: Property

2018 Dodge Challenger

The Car Connection News Feed - Wed, 01/17/2018 - 22:43
As its competitors veer into sports car territory, the 2018 Dodge Challenger embraces its all-American muscle. We give this lineup, which ranges from tame style icon to drag strip-tamer, a 6.8 out of 10. (Read more about how we rate cars.) This year, Dodge has grown the Challenger’s lineup to 16 different trims, starting with SXT and working...
Categories: Property

2018 Dodge Grand Caravan

The Car Connection News Feed - Wed, 01/17/2018 - 22:40
The 2018 Dodge Grand Caravan is a popular van that trades perhaps more on its household name than its virtues. It’s a dated van that has been superseded by the far more modern Chrysler Pacifica, but the Dodge may be worth considering solely on the basis of its high-value pricing. We’re willing to look beyond the initial purchase price...
Categories: Property

2018 Dodge Journey

The Car Connection News Feed - Wed, 01/17/2018 - 22:27
The 2018 Dodge Journey is behind the times, but this three-row crossover with available all-wheel drive does offer a lot of value for the money. We’ve rated the Journey at 3.8 out of 10 points, reflecting its below-average safety scores and an interior that’s a step or three behind most of its competitors. (Read more about how we rate...
Categories: Property