P3 leases Madrid logistics space to Airbus

Property Week News Feed - Tue, 10/09/2018 - 12:25
P3 Logistics Parks has signed a deal with Airbus to let a new 336,695 sq ft space in its logistics hub at P3 Illescas park in Toledo, south of Madrid.
Categories: Property

Ford Already Knows What it Wants in a Potential Edge RS

Motortrend News Feed - Tue, 10/09/2018 - 12:01

Earlier this month, on the drive launch for the 2019 Ford Edge ST, we had a chance to chat with Ed Krenz, the Chief Functional Engineer for Ford Performance. In that conversation, we asked Krenz what he would do if Ford tasked him with developing an Edge RS. Interestingly, he seemed to already have an answer.

“Now that would clearly be a bit of a white space vehicle, so it’s not something we’d go and say, ‘Let’s go copy X, Y, or Z.'” Krenz told Motor Trend. “We’d be able to create kind of that segment of non-premium, ultra-high-performance SUVs. What would we like it to be? The RS would have to bring more power. The RS would have to bring additional vehicle dynamics. That could be done through even more aggressive tires, more aggressive suspension setup, active dampers, torque vectoring. Those are things we definitely know how to do if we decide that we want to do it.”

While he didn’t go into specifics, if the Edge RS ever does happen, don’t be surprised if that extra power comes from the 3.5-liter twin-turbo V-6 that currently makes 375 hp and 470 lb-ft of torque in the F-150. We’d also expect an updated version of the torque-vectoring all-wheel-drive system used in the Focus RS. As for the transmission, don’t assume the Edge RS would be automatic-only.

“I think there is definitely a manual transmission enthusiasts group,” said Krenz. “It’s something on a Mustang product that we refused to walk away from, the manual transmission. You know, the Fiesta and Focus STs traditionally have had that capability. I think we’re gonna learn a little bit, whether or not this segment really requires that.”

Of course, what Krenz said is far from a confirmation that there’s a 375-hp Ford Edge RS with a manual transmission and a drift mode in the works. But if Ford’s going to drop most of its U.S. car lineup, it’s nice to know its people are already thinking about how much performance they can get out of the crossovers that remain in the portfolio.

The post Ford Already Knows What it Wants in a Potential Edge RS appeared first on Motor Trend.

Categories: Property

2019 Ford Edge ST First Drive: High-Riding Performance

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

Can a crossover ever be a true performance car? A quick check of the Motor Trend inbox would suggest the answer is a resounding no. If we had a nickel for every “Maybe it’s just me, but SUVs should only be body-on-frame off-roaders like the Jeep Wrangler” email that came in, we’d probably be able to pay cash for said Wrangler.

The people at Ford, however, have a different opinion. They think an ST-badged Edge makes perfect sense. And although Ford is the first mainstream automaker to add a sport-tuned crossover to its lineup, if CUVs can’t be fun to drive, someone forgot to tell luxury brands such as Alfa Romeo, BMW, Mercedes, and Porsche.

Heck, the Alfa Romeo Stelvio Quadrifoglio didn’t just earn an invite to this year’s Best Driver’s Car competition. It beat several other entrants and placed eighth. If that’s not enough to put the performance-crossover controversy to rest, we’re not sure what is.

But even though a performance crossover can be fun to drive, there’s no guarantee that will be the case for every single one. So is the 2019 Ford Edge ST as sporty as the folks at Ford Performance would have you believe? Not necessarily.

It certainly looks the part, though. The front end got the only significant styling changes for 2019, but the result is a crossover with a sportier, more cohesive look. Inside, Ford stuck with the same basic design but swapped the old shifter out for a new rotary knob. Beyond that, you’ll only find subtle differences in the cabin layout, such as reconfigured cupholders.


The Edge ST does, however, get a Sport button and an excellent set of leather-trimmed sport seats. Larger drivers might find the bolsters too narrow, but for most drivers, the seats in the Edge ST do an excellent job of keeping you in place while still being comfortable on long drives.

Although the Focus ST’s ride may have been a little too choppy for road trips, the Edge ST makes an excellent highway companion. Not only is it comfortable, but it also comes equipped with quite a few convenience features. In addition to Apple CarPlay and Android Auto support, you get Co-Pilot360, Ford’s suite of driver-assistance and active safety features. That includes adaptive cruise control with steering assist, which works extremely well. Add in a healthy dose of passing power from an engine that’s still reasonably efficient (19/26/21 mpg city/highway/combined), and you have a recipe for a great daily driver.

If you were hoping Ford Performance had managed to infuse the Edge with the Fiesta ST’s handling, though, you’re going to be disappointed. The suspension is firmer, and there’s less body roll than you’ll find in the non-ST Edge, but it’s not quite sporty enough to encourage you to take the long way home.

And although the 335 hp and 380 lb-ft of torque provided by the 2.7-liter twin-turbocharged V-6 give you plenty of grunt once you’re moving, it takes a while to build boost. As a result, the Edge ST hesitates to accelerate from a stop and doesn’t feel as quick as the numbers would suggest. As for the transmission, it shifts quickly enough, but the eight-speed automatic is a little slow for an ST.

Steering was also an issue. It’s heavy enough, but in the corners, you have to turn the wheel more than you’d expect. Sport mode provides better throttle response, gives you quicker shifts, and pipes in a louder exhaust note, but without quicker steering, driving down a winding mountain road starts to feel like work.

Surprisingly, despite those complaints, there is one area where Ford Performance’s efforts shone through: sustained performance. Despite a group of aggressive auto journalists mercilessly flogging one poor Edge in an attempt to set a quicker autocross time, brake fade and overheating were never an issue. Understeer was a problem, even with stability control in its sportier setting, but it’s clear a lot of work went into making sure the Edge ST wouldn’t melt down on the track like lesser crossovers.

So Ford’s first performance crossover might not be a home run right out of the gate, but it’s still got a lot going for it. With a sportier steering, quicker turn-in, and less body roll, the Edge ST would be a great choice for an enthusiast who needs more space than hot hatches provide. But for now, it feels more like an improved Edge Sport than a mainstream (and probably more reliable) Stelvio.

If the ST sells well enough, though, perhaps Ford will address those issues in the future with an Edge RS.

The post 2019 Ford Edge ST First Drive: High-Riding Performance appeared first on Motor Trend.

Categories: Property

2019 Ford Edge

The Car Connection News Feed - Tue, 10/09/2018 - 12:00
The 2019 Ford Edge has one of the newer names in the company’s crossover-SUV lineup, but it’s been an unqualified hit since it was new in 2007. The latest second-generation Edge has carved out a niche between the bigger Explorer and the smaller Escape, one that suits drivers that regularly chauffeur adult passengers and don’t put...
Categories: Property

2019 Lexus RX

The Car Connection News Feed - Tue, 10/09/2018 - 11:00
When it comes to the midsize luxury crossover SUV sales charts, it’s the 2019 Lexus RX and everyone else. What began as a smooth, reliable foil to the German competitive set has become edgier in recent years, at least as far as its design is concerned, and Lexus has decided to stay on track after adding an RX with a third row seat last year...
Categories: Property

Thackeray secures security and wealth management firms for Eastcheap Estate

Property Week News Feed - Tue, 10/09/2018 - 10:55
The Thackeray Estate has secured a pair of new lettings at its refurbished Eastcheap Estate in the City core area of London.
Categories: Property

IPUT adds LinkedIn to network with Wilton Park pre-let

Property Week News Feed - Tue, 10/09/2018 - 10:49
Social networking giant LinkedIn has agreed a pre-let to take the entirety of IPUT’s 150,000 sq ft One Wilton Park office development in Dublin.
Categories: Property

Saudi investor acquires £137.5m portfolio

Property Week News Feed - Tue, 10/09/2018 - 10:48
Saudi Arabian sharia compliant asset manager Sedco Capital has completed the acquisition of a $179.9m (£137.5m) portfolio of three assets across the UK and France including the Vodafone-let Waterside House in Bracknell.
Categories: Property

Saudi AM Sedco acquires $180m portfolio in UK & France

Property Week News Feed - Tue, 10/09/2018 - 10:48
Saudi Arabian sharia compliant asset manager Sedco Capital has completed the acquisition of a $179.9m (£137.5m) portfolio of three assets across the UK and France including the Vodafone-let Waterside House in Bracknell.
Categories: Property

Barings brings in hedge fund partner to head up SREI originations

Property Week News Feed - Tue, 10/09/2018 - 10:26
Barings Real Estate has appointed Sam Mellor as its new head of Europe originations for structured real estate investments.
Categories: Property

Unite launches £275m unsecured bond and updates market

Property Week News Feed - Tue, 10/09/2018 - 08:25
Student accommodation giant Unite Group has revealed a £275m senior unsecured bond in a move to diversify its sources of funding.
Categories: Property

GPE Mortimer Street scheme sold to St James's Place

Property Week News Feed - Tue, 10/09/2018 - 08:07
St James’s Place UK has paid Great Portland Estates £38.5m to acquire 27-35 Mortimer Street, in London’s West End.
Categories: Property

Electrical fire risk prompts Kia Niro hybrid recall

The Car Connection News Feed - Tue, 10/09/2018 - 05:01
Kia last week said that it will recall two of its hybrid models over an electrical issue that the automaker says increases the risk of a fire. The recall covers about 27,000 examples of the 2017 and 2018 Kia Niro and Niro Plug-In hybrid hatchbacks. MORE: Read our 2018 Kia Niro review At fault is what Kia called an "inadequate connection" between...
Categories: Property

Holden’s 1,340-HP Virtual Race Car Pays Tribute to Historic Bathurst Win

Motortrend News Feed - Tue, 10/09/2018 - 01:00

Holden, an import-only brand, now has something to call its own. That is, if you count a virtual race car.

General Motors’ Australian brand showed off the Time Attack Concept racer last week. Though it looks like it would fit right in with the futuristic Vision Gran Turismo concepts of the “Gran Turismo” video game series, this virtual car celebrates the 50th anniversary of Holden’s first win at the Bathurst 500.

Designers and engineers worked together to imagine this concept, which is said to use plenty of carbon fiber. The body, chassis, wheels and suspension all utilize this lightweight material, contributing to a weight of under 2,000 pounds. The powertrain consists of four electric motors that make a total output of 1,340 hp and a whopping 2,390 lb-ft of torque. Four individually controllable cyclo-gyro fans, powered by their own motors, use variable blades that can direct thrust to create optimal downforce for a given corner. Each traction motor has its own three-speed automatic gearbox, making possible a theoretical 0-62 mph time of 1.25 seconds. But perhaps the concept is more than just a sky’s-the-limit design study with wild specs.

“The Time Attack Concept racer is an illustration of how we can utilize cutting-edge technology to develop transportation solutions for the future,” said Holden Design Director Richard Ferlazzo, in a release. “You can see from the extremely detailed approach to incorporating the advanced technology in our Time Attack Concept racer that this is more than just a visual exercise. Holden’s recent announcement of the expansion of 150 new engineers to our Advanced Vehicle Development team means we have the talent, resources, and technology to continue delivering to that charter.”

After 69 years of making vehicles in Australia, GM officially shut its Holden plant last year. A few months ago, GM announced that Holden engineers will develop technologies for autonomous vehicles and electric powertrains, with up to $120 million earmarked for R&D in Australia per year.

The Time Attack concept may never get built, but it’s possible some of its radical performance ideas could inspire future GM EVs. Here’s hoping GM lets Holden continue developing that active downforce system. See how all of the concept’s technologies work (in theory) in the video below).

Source: Holden

The post Holden’s 1,340-HP Virtual Race Car Pays Tribute to Historic Bathurst Win appeared first on Motor Trend.

Categories: Property

Report: BMW 8 Series Probably Won’t Get a V-12

Motortrend News Feed - Mon, 10/08/2018 - 20:15

BMW is launching the 8 Series in the U.S. this fall with a 4.4-liter twin-turbo V-8 that produces a healthy 523 hp. Some markets also receive a 3.0-liter turbo-six with 315 hp. The automaker hasn’t announced other variants, but it’s looking like a V-12 or plug-in hybrid powertrain isn’t part of the plan, at least for now.

Speaking with Australian outlet GoAuto, BMW Group vice president of product management Carsten Groeber cooled rumors that the 8 Series could use the 6.0-liter V-12 from the M760Li xDrive. Although he noted “everything is possible,” he had reservations about a larger engine.

“V-12 is very heavy, and we have a very perfect weight distribution with this car,” he said. “So the package with the V-8 with those technologies with the chassis and the drivetrain makes the car a proper sportscar. In our opinion a V-12 will be too heavy in the front.”

Electrification hasn’t been ruled out completely, but it’s not on the schedule at this time. “Never say never,” Groeber said. “There might be in the years to go. We are a learning company, and as the market turns, if we need to do something, we will react. But at this point in time, in 2018, the car is perfectly set up, and I think people love to have these cars.”

The 8 Series will, however, offer rear-wheel drive, Groeber confirmed. This configuration should be available next year.

Even though it probably won’t have a V-12 engine, the 8 Series will launch plenty quick. When paired with the 4.4-liter V-8, it’s estimated to hit 60 mph in 3.6 seconds. That number is from BMW, so we’ll have to independently confirm the time when we get our hands on one.

Meanwhile, Mercedes-AMG is ditching its V-12 engines in favor of V-8s. After getting rid of the V-12-powered G-Class, the performance brand has announced it will also ditch the V-12 version of the S-Class after the current life cycle is over.

Source: GoAuto

The post Report: BMW 8 Series Probably Won’t Get a V-12 appeared first on Motor Trend.

Categories: Property

Plans in for major Glasgow office scheme

Property Week News Feed - Mon, 10/08/2018 - 18:27
Osborne and Co has submitted plans for a 283,000 sq ft grade A office development as part of the regeneration of Glasgow’s Argyle Street.
Categories: Property

​In Touch Networks snaps up space at Hardman Square

Property Week News Feed - Mon, 10/08/2018 - 18:15
Online networking platform In Touch Networks has taken 22,000 sq ft of office space at Royal London’s 3 Hardman Square in Manchester.
Categories: Property

Nissan Titan XD Transforms Into a First Response Vehicle

Motortrend News Feed - Mon, 10/08/2018 - 18:00

Nissan got creative with the Titan this year, transforming it into a mobile barbecue smoker on one occasion and a beach tent on another. Now, a bespoke Titan XD will serve a nobler purpose as a rescue vehicle helping the American Red Cross.

The Ultimate Service Titan debuted at the Miami auto show this week. After the event is over, it will assist Red Cross workers in South Florida in everything from emergency care to blood drives.

Nissan transformed the Titan XD’s bed into, well, a different kind of bed. Here, there’s an emergency response bed, first aid supplies, a generator, wrap-around awning, storage racks, and a SnoMaster refrigerator for storing blood. Other features—including a stove, microwave, and sink—make the vehicle suitable as a break area for volunteers between shifts. The vehicle also has Wi-Fi and solar panels.

To tackle difficult road conditions, this Titan XD comes with Nitto Ridge Grappler Tires, an Addictive Desert Designs Stealth Bumper, and a 3-inch lift kit. A Warn Zeon Platinum 12S winch assists in rescue efforts and debris removal. Ensuring the Titan won’t run out of gas, the truck gets a custom fuel tank with a capacity of 75 gallons. Special lighting from Baja Designs illuminates the road in the dark.

The bespoke truck is based off the Titan XD Diesel Midnight Edition Crew Cab. Under the hood is a 5.0-liter V-8 turbodiesel with 310 hp and 555 lb-ft of torque.

For 2019, Nissan gave the standard Titan and Titan XD a few key updates. The trucks come standard with a larger touchscreen, standard Apple CarPlay and Android Auto, and an available 12-speaker Fender audio system.

Source: Nissan

The post Nissan Titan XD Transforms Into a First Response Vehicle appeared first on Motor Trend.

Categories: Property

Mercedes-AMG Axes the V-12

Motortrend News Feed - Mon, 10/08/2018 - 17:50

In a world where automakers are downsizing from V-8 and V-6 engines, it’s not surprising that many are also starting to rethink the V-12. According to Australian outlet GoAuto, Mercedes-AMG is getting ready to kill its V-12 in favor of smaller engines.

The performance brand recently discontinued the V-12 engine for the AMG G-Class as the SUV moves into a new generation. Speaking with Mercedes-AMG boss Tobias Moers, GoAuto now reports the brand’s use of the 6.0-liter V-12 will end for good with the current S65. “So we are going to move the S65 out of our portfolio,” he said.

Today, the Mercedes-AMG S65 makes 612 hp and 738 lb-ft of torque. That’s not radically more powerful than the 4.0-liter V-8 inside the S63, which makes 603 hp and 664 lb-ft of torque. We tested a 2018 S63 4Matic+ sedan hitting 60 mph in just 3.4 seconds, ahead of a rear-drive 2015 S65 coupe we tested at 4 seconds flat.

“There is still demand for a V-12, but if you move forward with a V-12 in the future, the investment will be too high, in my perspective,” Moers elaborated to Automotive News. But while a V-12 may not make sense for AMG, Maybach is expected to continue using the large engines.

AMG has no plans to discontinue the 4.0-liter V-8 that’s found in a wide range of AMG models, in different states of tune.

“The V8 is a pretty efficient engine,” Moers told GoAuto. “In combination with an electrified powertrain, it could be a longer lifecycle than what everybody thinks.” Mercedes-AMG is already planning a GT 4-Door flagship with a 4.0-liter V-8 and plug-in hybrid technology. In total, the powertrain could make around 800 hp.

Moers also revealed that AMG will eventually produce all-electric cars. “Otherwise there will not be an AMG,” he said.

Source: GoAuto, Automotive News (Subscription required)

The post Mercedes-AMG Axes the V-12 appeared first on Motor Trend.

Categories: Property

JV submits plans for 5m sq ft logistics park in Essex

Property Week News Feed - Mon, 10/08/2018 - 15:42
A joint venture between an investor and a fuel supplier has submitted plans to build a 5m sq ft industrial park on the site of the former Coryton Oil Refinery.
Categories: Property