Property

Octopus funds Welwyn resi scheme

Property Week News Feed - Wed, 09/18/2019 - 08:45
Octopus Real Estate, part of Octopus Group and a UK specialist real estate investor, has agreed to provide a £21.2m loan to Wheat Quarter to develop a brownfield site in Welwyn Garden City.
Categories: Property

Colliers expands in India with Synergy Property merger

Property Week News Feed - Wed, 09/18/2019 - 08:36
Colliers International has bought a controlling interest in leading project management firm, Synergy Property Development Services to create one of India’s largest commercial real estate firms.
Categories: Property

RDI continues German retail exit

Property Week News Feed - Wed, 09/18/2019 - 08:26
RDI REIT has sold the Bahnhof Center in Altona, Hamburg to Volksbank eG Braunschweig Wolfsburg for €91m (£80.8m).
Categories: Property

Knotel forms management partnership with Great Portland Estates

Property Week News Feed - Wed, 09/18/2019 - 07:01
Knotel has agreed to manage 82,000 sq of office space for Great Portland Estates (GPE) in Moorgate, London.
Categories: Property

2020 Honda Accord Priced From $24,800

Motortrend News Feed - Tue, 09/17/2019 - 22:51

The Honda Accord is the hands-down benchmark in its segment, besting rivals with its unique combination of a smooth ride, satisfying handling, and sophisticated and spacious interior. So we’ll forgive Honda for increasing the starting price by $150 as the midsizer moves into a new model year. The 2020 Honda Accord goes on sale today with a base price of $24,800, undercutting the 2020 Toyota Camry’s starting price of $25,250.

As much as we love the Accord, we were hoping Honda would make a few tweaks to the 2020 model before its 2021 mid-cycle refresh. But we didn’t get those updates, as the 2020 Accord returns virtually unchanged. It still gets a generous list of standard features, including Honda Sensing, which bundles together collision mitigation braking with pedestrian sensing, lane keeping assist, adaptive cruise control with low-speed follow, and traffic sign recognition.

The 1.5-liter turbo-four returns as the base engine making 192 hp and 192 lb-ft of torque, backed by a CVT. A 2.0-liter turbo-four remains available with 252 hp and 273 lb-ft of torque, pairing with a 10-speed automatic. Don’t worry—the manual transmission is still available on either engine with the Sport trim. The Accord Hybrid will return for 2020, but prices and on-sale information will be announced separately.

Models with the 2.0-liter gas engine start at $31,990. The most expensive Accord is the Touring, and it starts at $37,030. That’s much more than the starting price of the highest trim level on the Camry, the XSE V6, which goes from $35,955.

We can’t complain that Honda is keeping the same successful formula in place for 2020. But about a year from now, we can expect some minor visual updates, which we hope will replace the large belt-buckle Honda badge on the grille with something a little more subdued. We can also reasonably expect a few additional features to help sweeten the pot further and lure back crossover-crazed customers.

Source: Honda

The post 2020 Honda Accord Priced From $24,800 appeared first on MotorTrend.

Categories: Property

Nissan forges the same path with 2020 Pathfinder

The Car Connection News Feed - Tue, 09/17/2019 - 22:30
The 2020 Nissan Pathfinder will lumber down same path its been on since 2017, when it was last updated. While other automakers have ushered in new models to compete for three-row buyers—redesigns and new launches in 2020 alone include the new Kia Telluride, Hyundai Palisade, Ford Explorer, Toyota Highlander—Nissan seems content to let...
Categories: Property

Tesla Model S Nürburgring Time Might Beat Porsche Taycan’s—By a Lot

Motortrend News Feed - Tue, 09/17/2019 - 21:33

The EV track wars are here! Prior to the release of its new EV, Porsche revealed that a mostly production-spec Taycan Turbo S completed a lap of the legendary Nürburgring Nordschleife in 7 minutes, 42 seconds. That’s the same time Porsche ran in a Cayman GT4 in 2015.

With that lap, the Taycan became the fastest four-door electric vehicle ever to lap the storied circuit, which awakened a competitive spirit in a certain eccentric social media–savvy CEO. Just eight days after Porsche announced the news, Elon Musk riled the Teslarati with one tweet: “Model S on Nürburgring next week.”

German media outlet Auto Motor und Sport reported this morning that based on an unofficial stopwatch measurement, a heavily modified Model S lapped the ‘Ring in just 7 minutes, 23 seconds. (For a little context, the mid-engine Ferrari 488 GTB completes a lap in 7 minutes, 21 seconds.) Based on that time, the Model S could be a massive 19 seconds quicker than Porsche’s Taycan, and thus the fastest electric car around the Nürburgring.

It’s important to note that comparing near-production cars to modified cars is like comparing apples to pineapples. The Taycan that set the record was running all the same hardware, software, and tires as the car you’ll be able to buy at a Porsche dealer, with the addition of a safety cage and racing seat.

Tesla’s test mule was seen wearing super-aggressive Michelin Pilot Sport Cup 2 R tires, which are not currently offered on the Model S. It also appears to have wider fenders, different wheels, and unique aerodynamic elements compared to the current highest-performing Tesla, the Model S P100D. Last week, Tesla announced that a Model S prototype testing a new “Plaid” powertrain set a lap record at Laguna Seca. Musk said in a tweet that Plaid is about a year away from production. It’s unclear if the Model S at the ‘Ring is also a Plaid prototype, but either way, Porsche is sure to take notice.

Auto Motor und Sport reports that Tesla plans to stay at the Nürburgring for at least three weeks, and that the automaker will attempt to officially set the fastest electric car record this week. Whether you’re a Porschephile or a Tesla fan, it’s a very exciting time for performance EVs.

The post Tesla Model S Nürburgring Time Might Beat Porsche Taycan’s—By a Lot appeared first on MotorTrend.

Categories: Property

2020 Ford Escape review, Tesla Model S Plaid on Nurburgring, VW's electric vehicles: What's New @ The Car Connection

The Car Connection News Feed - Tue, 09/17/2019 - 17:34
2020 Ford Escape first drive With turbocharged and hybrid powertrains in its lineup, the redesigned 2020 Ford Escape asks drivers to choose their fighter. We surprised ourselves by preferring the Hybrid. Compare: 2020 Ford Escape versus 2019 Toyota RAV4 The redesigned 2020 Ford Escape and Toyota RAV4 are compact-crossovers titans with great fuel...
Categories: Property

JP Morgan chooses Argyle Street scheme for new HQ

Property Week News Feed - Tue, 09/17/2019 - 16:52
Investment bank JP Morgan Chase has announced its new home in Glasgow will be a 13 storey 270,000 sq ft office scheme on Argyle Street in the heart of the city’s financial district.
Categories: Property

Ford recalls sedans and crossovers affected by road salt

The Car Connection News Feed - Tue, 09/17/2019 - 15:58
Road salt can corrode the electric power steering mechanism in certain Ford and Lincoln models, Ford announced in a recall. The 2013-2016 Ford Fusion and Lincoln MKZ mid-size sedans, as well as the 2015-2016 Ford Edge and 2016 Lincoln MKX five-seat crossovers were listed in the recall. The recall was specific to vehicles originally sold or...
Categories: Property

Last wave: Chevrolet cancels Malibu Hybrid sedan for 2020

The Car Connection News Feed - Tue, 09/17/2019 - 15:49
The most efficient sedan in Chevrolet's lineup won't return for 2020. The Chevrolet Malibu Hybrid will be discontinued after the 2019 model year, Chevy spokesman Kevin Kelly confirmed to The Car Connection this week. The mid-size Malibu sedan will be offered with a 1.5-liter or 2.0-liter turbo-4 for 2020. The Chevy Malibu Hybrid returned 46 mpg...
Categories: Property

GM recalls 2018 Chevy Malibu with turbo engine

The Car Connection News Feed - Tue, 09/17/2019 - 15:12
General Motors is recalling certain 2018 Chevy Malibu mid-size sedans equipped with 1.5-liter turbo-4 engines. A software error can prevent the engine from starting and, in rare cases, the car can stall while running and increase the risk of a crash. The software error in the engine control module (ECM) disables the fuel injectors, which is a...
Categories: Property

Ancala buys 45% stake in Liverpool John Lennon Airport

Property Week News Feed - Tue, 09/17/2019 - 14:32
Peel Group has sold a chunk of its stake in Liverpool John Lennon Airport to investor Ancala Partners, which now owns almost half of the airport.
Categories: Property

Moorfield snaps up two logistics assets for £14m

Property Week News Feed - Tue, 09/17/2019 - 14:04
Moorfield has purchased two logistics assets in Milton Keynes and Felixstowe for a combined sum of £14m.
Categories: Property

Big Yellow teams up with industrial developer for £40m scheme

Property Week News Feed - Tue, 09/17/2019 - 13:49
Big Yellow is teaming up with industrial development specialist, Lesingham, to deliver a £40m multi-unit industrial development alongside a new Big Yellow storage centre.
Categories: Property

New boutique hotel planned for central Birmingham

Property Week News Feed - Tue, 09/17/2019 - 13:45
Plans have been submitted to convert an office building at Birmingham’s New Street into a 259-bedroom hotel.
Categories: Property

Landsec’s flex brand Myo signs five tenants

Property Week News Feed - Tue, 09/17/2019 - 13:29
Myo has signed five new businesses to its flexible office space at 123 Victoria Street in London Victoria, taking occupancy to almost 60% four months after its opening.
Categories: Property

PMM Real Estate Finance fund £14m for modular factory

Property Week News Feed - Tue, 09/17/2019 - 13:16
PMM Real Estate Finance has provided a £14m loan to fund a modular factory in Explore Industrial Park, Nottinghamshire.
Categories: Property

£166m property loan to help Glasgow Council fund equal pay bill

Property Week News Feed - Tue, 09/17/2019 - 13:02
Canada Life Investments has completed a £166m, 30-year loan facility, secured against property in Glasgow to help fund the council’s recently settled £500m equal pay bill.
Categories: Property

Cushman & Wakefield appoint partner from Savills to lead Middle East desk

Property Week News Feed - Tue, 09/17/2019 - 11:39
Cushman & Wakefield has appointed Hassan Farran as a partner to lead its Middle East desk in the EMEA Capital Markets team in London.
Categories: Property

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