Proptech firm MRI Software buys Thesaurus Technology

Property Week News Feed - Wed, 12/05/2018 - 09:43
Global proptech firm MRI Software has acquired Thesaurus Technology which specializes in cloud-based software for residential sales and lettings agents.
Categories: Property

2019 Cadillac CTS

The Car Connection News Feed - Wed, 12/05/2018 - 09:26
With each passing year, luxury sedans like the 2019 Cadillac CTS seem to fade further into the rearview mirror in favor of crossovers, trucks, and SUVs. That’s a shame, as strong-performing sedan is on par with European competitors, whether in base, Luxury, or V-Sport trim. We rate the Cadillac CTS at 6.5 out of 10 points, with the knowledge...
Categories: Property

2019 Buick Cascada

The Car Connection News Feed - Wed, 12/05/2018 - 09:26
The 2019 Buick Cascada convertible delivers comfortable, top-down cruising at a reasonable price. Among premium cars, base Cascadas present a compelling value: leather upholstery, 7.0-inch touchscreen, and 20-inch wheels, for around $34,000. The bad news? Its interior is dated and not as elegant as the exterior, and its small engine is burdened...
Categories: Property

2019 Cadillac ATS-V

The Car Connection News Feed - Wed, 12/05/2018 - 09:25
The Cadillac ATS-V coupe has avoided the fate of its sedan kin, at least for now. It returns for a final 2019 model year. A true world-class performance car, the 2019 ATS-V runs off a sub-4-second 0-60 mph time, sports a luxe interior, and wears razor-sharp lines that mirror its finely honed performance. With the ATS-V, Cadillac competes with the...
Categories: Property

2018 Dodge Durango 4 R/T Long-Term Verdict

Motortrend News Feed - Wed, 12/05/2018 - 09:00

Whether carrying seven people, hauling an entire Ikea kitchen, or towing a boat, our Hemi Durango never strained or stumbled.

It’s like the end of summer camp. We’ve said our tearful toodle-oos, we’re relishing fond memories of fun times, and we’re dogged by that resigned feeling that life must now go back to normal—no more growling V-8 acceleration, no more yanking ski boats and tailgate-trailers around like they were Radio Flyer wagons, and no more intimidating left-lane dawdlers with that menacing SRT mug. The party’s over.

The party actually lasted 388 days and 18,525 miles, with the only metaphorical turds in our proverbial punchbowl being a fogged right rear taillight lens and a seatbelt buckle that refused to release a dog tether. Those warranty repairs were swiftly completed in November 2017 (along with an unsolicited software module update). Our only other hiccups were a couple of one-off electronic glitches. The first involved a remote-start event after which the truck temporarily refused to transition to fully started, and the other involved a strange crash of the Uconnect infotainment system, which we remedied by pulling and reinserting a fuse. There were no recalls, and the truck ended its year with us essentially free of squeaks and rattles, with its bordello-red leather showing little evidence of the hard work it endured.

Despite its sterling performance, our Dodge occasionally drove us to drinking—literally and figuratively. During our yearlong party, the Durango delivered us to five of the 14 distilleries along the official Kentucky Bourbon Trail plus three of the 13 stops on the Trail’s Craft Tour (fear not—quarter-ounce pours keep tasters legal and lucid). Figuratively, poor radio reception had us straining to hear through static on FM stations that most vehicles lock onto easily. The truck was also quick to panic—abruptly braking when reversing out of my garage on multiple occasions with nothing in the way and screaming “BRAKE!” when pulling out to pass behind a faster-moving car (most systems can deduce that a rapidly departing object poses no danger, no matter how close it is).

Of course, the Durango drove itself to drinking plenty, too, swilling gallons of midgrade unleaded at an average rate of 16.9 miles per. That average dipped as low as 14.4 mpg for the tank that included our performance testing, and ranged as high as 18.9 mpg during a 2,000-mile round-trip journey between Detroit and Vicksburg, Mississippi (incidentally, that trip’s average matched the 7,169-mile average our V-6-powered rear-drive Durango GT logged before it was stolen in May 2017). Virtually all miles were logged in Eco mode (the 5.7-liter’s default calibration seemed frisky enough to render Sport mode unnecessary), but most highway miles were at 80 mph. That’s why we never achieved the 22- or 25.1-mpg EPA or RealMPG highway estimates. At least our overall average topped the EPA and RealMPG city estimates (14 and 16.0 mpg)—impressive given that so many miles were logged doing dray-horse duty schlepping supplies to and from my summer-cabin project. That’s well below averages achieved by our Honda Pilot (21.7 mpg) and Mazda CX-9 (20.6 mpg). Even our 2015 Chevy Tahoe averaged 18.2 mpg over 36,685 miles, but it was a rear-drive model and actually weighed 88 pounds less than our Durango 4. It helps to think of the Durango as a narrower, easier-to-park Tahoe/Expedition rather than as a faster Pilot with better towing.

Easy flat-folding rear seats, four tie-down hooks, and a brilliantly conceived luggage rack with crossbars that store flush in the side rails make this a great workhorse. There’s even a handy underfloor bin in back for your ratchet straps and trailering paraphernalia and for the hitch cover when towing. On the downside, aggressive ratchet-strapping deformed some of our tie-down mounts and the tailgate needs an interior hook or handle to tie it down when loads protrude out the back (we refuse to employ the wiper for that purpose).

Having custom-ordered this Durango, we’re happy to report 100-percent satisfaction with our option choices. We never missed the $1,295 sunroof, and we learned to appreciate the Blacktop package when we discovered that gloss-black touchup paint makes curb-rash disappear. Even the nervous-nelly nannies in the $2,495 tech package are worth enduring to get the well-calibrated adaptive cruise control (which can be switched to standard cruise). Sure, our Tahoe trudged through the Michigan winter on snow tires without getting stuck, but given the often soupy springtime conditions of my cabin’s quarter-mile dirt driveway, we utilized the “4” in Durango 4.

Maintenance-wise we spent $77.90 for an oil/filter/inspections/tire rotation, which the oil-life monitor ordered just before 10,000 miles. The second stop was almost due when we returned the truck and would have cost $130 with a cabin-air filter, meaning that over similar mileage the cost of upkeep is on par with that of our Honda Pilot ($378.62 for 38,523 miles) and Mazda CX-9 ($316.25 over 28,978 miles). Chevy covers the first two stops, after which the Tahoe maintenance pricing aligns closely.

Our Durango proved itself to be plenty reliable, well built, competent, and capable—worthy attributes that can be cross-shopped extensively and found in thriftier vehicles. What hooked our heartstrings—and will prove trickier to find somewhere else—was its unabashedly American style and its Hemi V-8 swagger. That, we’re gonna miss.

Read more about our 2018 Dodge Durango R/T long-termer:

Our Car SERVICE LIFE 13 mo / 18,525 mi BASE PRICE $47,390 OPTIONS Technology package ($2,495: blind-spot, lane-departure, and forward-collision warning, adaptive cruise), class IV trailer hitch package ($995), Blacktop package ($695: black wheels and mirrors), cargo group ($395: roof rails with cross bars, cargo shade) PRICE AS TESTED $51,970 AVG ECON/CO2 16.9 mpg / 1.15 lb/mi PROBLEM AREAS Seatbelt buckle, fogged taillight MAINTENANCE COST $78 NORMAL-WEAR COST $0 3-YEAR RESIDUAL VALUE* $36,400 (70%) RECALLS None *IntelliChoice data; assumes 42,000 miles at the end of 3-years 2018 Dodge Durango 4 R/T POWERTRAIN/CHASSIS DRIVETRAIN LAYOUT Front-engine, 4WD ENGINE TYPE 90-deg V-8, iron block/alum heads VALVETRAIN OHV, 2 valves/cyl DISPLACEMENT 345.1 cu in/5,654 cc COMPRESSION RATIO 10.5:1 POWER (SAE NET) 360 hp @ 5,150 rpm* TORQUE (SAE NET) 390 lb-ft @ 4,250 rpm* REDLINE 5,800 rpm WEIGHT TO POWER 15.1 lb/hp TRANSMISSION 8-speed automatic AXLE/FINAL-DRIVE/LOW RATIO 3.09:1/2.07:1/2.72:1 SUSPENSION, FRONT; REAR Control arms, coil springs, anti-roll bar; multilink, coil springs, anti-roll bar STEERING RATIO 16.7:1 TURNS LOCK-TO-LOCK 3.2 BRAKES, F; R 13.8-in vented disc; 13.0-in vented disc, ABS WHEELS 8.0 x 20-in cast aluminum TIRES 265/50R20 107T M+S Bridgestone Ecopia H/L 422 Plus DIMENSIONS WHEELBASE 119.8 TRACK, F/R 63.9/64.1 in LENGTH x WIDTH x HEIGHT 201.2 x 75.8 x 69.8 in GROUND CLEARANCE 8.1 in APPRCH/DEPART ANGLE 16.3/21.5 deg TURNING CIRCLE 41.0 ft CURB WEIGHT 5,426 lb WEIGHT DIST, F/R 51/49% TOWING CAPACITY 7,200 lb SEATING CAPACITY 7 HEADROOM, F/M/R 39.9/39.8/37.8 in LEGROOM, F/M/R 40.3/38.6/31.5 in SHOULDER ROOM, F/R 58.5/50.4/50.4 in CARGO VOL BEH F/M/R 84.5/47.7/17.2 cu ft TEST DATA ACCELERATION TO MPH 0-30 2.2 sec 0-40 3.4 0-50 4.7 0-60 6.4 0-70 8.5 0-80 11.0 0-90 13.9 PASSING, 45-65 MPH 3.5 QUARTER MILE 14.9 sec @ 92.9 mph BRAKING, 60-0 MPH 124 ft LATERAL ACCELERATION 0.80 g (avg) MT FIGURE EIGHT 27.4 sec @ 0.64 g (avg) TOP-GEAR REVS @ 60 MPH 1,375 rpm CONSUMER INFO BASE PRICE $47,390 PRICE AS TESTED $51,970 STABILITY/TRACTION CONTROL Yes/Yes AIRBAGS 7: Dual front, front side, f/m/r curtain, driver knee BASIC WARRANTY 3 yrs/36,000 miles POWERTRAIN WARRANTY 5 yrs/60,000 miles ROADSIDE ASSISTANCE 5 yrs/60,000 miles FUEL CAPACITY 24.6 gal REAL MPG, CITY/HWY/COMB 16.0/25.1/19.1 mpg** EPA CITY/HWY/COMB ECON 14/22/17 mpg ENERGY CONS, CITY/HWY 241/153 kW-hrs/100 miles CO2 EMISSIONS, COMB 1.16 lb/mile RECOMMENDED FUEL Unleaded mid-grade *SAE Certified **Measured on a mechanically identical test vehicle in California

The post 2018 Dodge Durango 4 R/T Long-Term Verdict appeared first on MotorTrend.

Categories: Property

What's New for 2019: Hyundai

The Car Connection News Feed - Wed, 12/05/2018 - 09:00
For 2019, Hyundai begins what's expected to be a two-year shuffle of its popular crossover SUVs. If you're in the market now, you may want to take some notes. Last year's Santa Fe Sport was dropped and replaced by a redesigned Santa Fe. What was called Santa Fe last year is renamed Santa Fe XL for a short model year before the 2020 Hyundai...
Categories: Property

Peel Hunt note sends Civitas shares tumbling

Property Week News Feed - Wed, 12/05/2018 - 08:49
finBrokers at Peel Hunt have fired a warning over the outlook for supported living REITs after Westmoreland Supported Housing, a tenant of Civitas Social Housing and Triple Point Social Housing, was given a ‘non-compliant’ rating for viability and governance by the regulator.
Categories: Property

Mixed day for listed real estate as Brexit uncertainty continues

Property Week News Feed - Wed, 12/05/2018 - 08:40
The FTSE 100 fell 0.6% to 7,031.14 points on Tuesday as the government faced a trio of defeats in the House of Commons throwing the fate of Brexit deal, which will be put to parliament next week, into further jeopardy.
Categories: Property

Civitas acquires two housing portfolios for £25m

Property Week News Feed - Wed, 12/05/2018 - 08:17
Civitas Social Housing has is set to splash out almost £25m on two portfolio acquisitions.
Categories: Property

Tritax raises £400m from US private placement

Property Week News Feed - Wed, 12/05/2018 - 07:55
Tritax Big Box REIT has signed up a number of new institutional investors for a private placement in the US of £400m new senior unsecured loan notes.
Categories: Property

Volkswagen Says it May Use Ford Plants to Build Cars in the U.S.

Motortrend News Feed - Tue, 12/04/2018 - 23:41

We already knew that Volkswagen is partnering with Ford on commercial vehicles. We also found out there’s a chance VW will make cars for Ford in Europe and Ford will make a Ranger-based pickup for VW. Now, the CEO of VW says his company may use Ford’s factories in the U.S. to build cars.

“We are building an alliance with Ford which will strengthen Ford’s position in Europe because we will share platforms,” VW CEO Herbert Diess told reporters in Washington, D.C. “We might use Ford capacity here in the U.S. to build cars for us.”

VW could also build a second car plant, Diess said. According to the CEO, the German automaker is in “quite advanced negotiations in Tennessee but there might be other options as well.”

Expect more news on the alliance in January. Whatever the automakers cook up, it will not involve VW taking an equity stake in Ford, Diess confirmed.

Diess made the comments after a meeting at the White House to talk about trade. There, President Donald Trump discussed “his vision of all automakers producing in the United States and creating a more friendly business environment,” according to White House spokeswoman Lindsay Walters. Also at the meeting was Daimler boss Dieter Zetsche as well as BMW Chief Financial Officer Nicolas Peter.

If Trump has his way, VW could suffer a 25-percent levy on imports from the EU. Trump’s efforts to balance trade would also affect BMW and Daimler, the biggest car exporters from the U.S. to China. Then there’s the recently signed replacement for NAFTA, called USMCA, which calls for more North American parts content if automakers want to avoid tariffs. The deal would also require more high-wage labor if it passes in Mexico, Canada, and the USA’s legislatures. Volkswagen has a plant in Puebla, Mexico, where it produces the Tiguan crossover, Jetta sedan, and (for now) Beetle hatchback for the U.S. and other markets.

Ford is keeping mum about the exact details of its alliance with VW. In a statement to MotorTrend, Ford said, “Our MOU [memorandum of understanding] with VW covers conversations about potential collaborations across a number of areas. It is premature to share additional details at this time.”

Source: Automotive News (Subscription required)

The post Volkswagen Says it May Use Ford Plants to Build Cars in the U.S. appeared first on MotorTrend.

Categories: Property

Is This the Mid-Engine 2020 Chevrolet Corvette’s Key Fob?

Motortrend News Feed - Tue, 12/04/2018 - 22:36

Technically, Chevrolet has yet to confirm that it’s working on a mid-engine Corvette, but it may as well just come out and admit it. We’ve seen prototypes testing at the Nurburgring, in the snow, and even at the McDonald’s drive-through. At this point, the question is when it will be revealed, not whether it exists. In fact, we’re pretty sure a recent FCC filing has even leaked photos of the key.

Huf Huelsbeck & Fuerst, a German automotive parts supplier, is the company behind the filing. In addition to tire pressure monitoring and telematics systems, it also specializes in manufacturing electronic locking systems for cars. Considering Huf has a history of working with General Motors and Chevrolet specifically, it’s entirely reasonable to believe the key shown here is the real deal. And the newly updated Corvette logo on the back confirms we’re looking at a Corvette key.

Assuming these photos really do show the next-generation Corvette’s key, they either reveal or confirm all sorts of little details. For example, the outline of the car shown on several of the buttons has clear mid-engine proportions. It also looks like the car will offer rear storage in addition to a front-trunk, as there would be no reason to be able to remotely open the rear of a mid-engine car otherwise.

The bottom button appears to be some sort of power-retractable roof, which would mean the Corvette will come as either a Targa-top or hardtop convertible. Finally, while there could still be a manual option, the remote-start button suggests this key goes to a car with either an automatic or dual-clutch transmission. The design also appears identical to a fob that leaked online last month wearing a Cadillac crest rather than the ‘Vette’s crossed flags. That could mean the rumored Cadillac version of the mid-engine Corvette is also happening.

If you read through the test report, a few more details emerge. Not only did Huf describe it as a “General Motors Keyfob,” it also listed it as a “GM MY20 B1 KEYFOB.” We can’t be certain, but to us, that looks a lot like confirmation that the mid-engine Corvette will be sold as a 2020 model. Assuming that’s correct, there’s a good chance Chevrolet will reveal the mid-engine Corvette relatively soon.

A Detroit auto show reveal would make the most sense, especially since it will be the last time the show takes place in January. But with a car this important, we wouldn’t put it past Chevrolet to do a standalone event. If that’s the case, who knows when we’ll officially see the mid-engine Corvette. Let’s just hope it’s sooner rather than later because the possibility of an 850-hp mid-engine Corvette has us feeling really impatient.

Source: FCC via Carscoops

The post Is This the Mid-Engine 2020 Chevrolet Corvette’s Key Fob? appeared first on MotorTrend.

Categories: Property

IOAM makes four Speke deals to take industrial park to fully let

Property Week News Feed - Tue, 12/04/2018 - 18:07
IOAM has secured four new tenants to take its Speke Business Park on Merseyside to fully let.
Categories: Property

BidX1’s next online auction set to feature ‘mix of quality assets’

Property Week News Feed - Tue, 12/04/2018 - 18:01
Digital auction platform BidX1 has released the catalogue for its next online auction, which will be its first to feature both residential and commercial lots.
Categories: Property

Audi Plans to Leave Massive Grilles to Toyota

Motortrend News Feed - Tue, 12/04/2018 - 17:51

Ever since 2007 when we first saw the refreshed A8, a large trapezoidal “Singleframe” grille has been Audi’s trademark. The trend quickly caught on, and these days, Audis are far from the only cars with massive grilles. Take the 2019 Toyota Avalon, for example, which now has a front end that may as well be all grille. But over the next few years, it sounds like Audi plans to abandon big grilles.

In a recent interview with Car Throttle, Andreas Mindt, Audi’s head of exterior design, said he’s done with the Singleframe grille. “It’s not the big mouth anymore,” said Mindt. “It’s not growing growing growing, it’s not like this.”

From the sound of it, Mindt and his design team are still in the process of figuring out what the next generation of Audi grilles will look like, but he has some ideas. “When you paint the frame black, it looks bigger,” he said. “When you paint the frame body color, it looks smaller … there are a lot of things you can do architecture-wise to change that and we have a lot of good ideas for that.”

Then again, Audi could be done with grilles altogether. At least the way we think about them right now. “Maybe the border between grille and no grille will meld together – the frame is not like a border anymore. Just think about what you can do in the future to make it meld together. It would be interesting to see,” he said.

And he’s right. It would be interesting. But will other automakers follow suit? Is the big-grille era finally over? We’ll find out soon enough.

Source: Car Throttle

The post Audi Plans to Leave Massive Grilles to Toyota appeared first on MotorTrend.

Categories: Property

GVA rejigs top team in Scotland after Avison Young buyout

Property Week News Feed - Tue, 12/04/2018 - 17:02
GVA has announced the appointment of two new regional senior directors to lead its team in Scotland in a first major change for the business since it was acquired by Avison Young earlier this month.
Categories: Property

Emoov founder: “All 140 staff will be laid off today”

Property Week News Feed - Tue, 12/04/2018 - 16:38
Administrators for the failed online estate agency group Emoov are expected to make all the firm’s 140 staff redundant by close of business today, the group’s founder Russell Quirk has revealed to Property Week.
Categories: Property

Porsche to Increase Taycan Production

Motortrend News Feed - Tue, 12/04/2018 - 16:35

Porsche initially estimated it would sell 20,000 units per year of the all-electric Taycan. But after receiving so many early reservations, the automaker decided it will build more to meet the strong demand.

The higher-than-expected volume will be split between the sedan and the Cross Turismo variant. Speaking to WirtschaftsWoche, Porsche CEO Oliver Blume said, “Due to the positive response, we will adjust this number upwards, especially since the Cross Turismo as the first derivative of the Taycan got green light for the series.”

Norway is one of the markets that showed high demand. Porsche received nearly 3,000 reservations with deposits, but it usually only sells around 600 new vehicles in the market each year.

Porsche will begin production of the Taycan in mid-2019. It will be built in a new production facility in Zuffenhausen. In a recent press release, Member of the Executive Board for Production Albrecht Reimold revealed Porsche is prepared for more volume, giving the Taycan facility its own paint shop and assembly line. Reimold said, “We took the decision to build a new paint shop and assembly area as we firmly believe the Taycan has the potential to sell more than just 20,000 units per year. The new manufacturing facility gives us the requisite flexibility for the future.”

The Porsche Taycan, formerly known as the Mission E, will achieve a total system output of more than 600 hp with the help of two permanently excited synchronous motors. Porsche estimates a 0-60 run of less than 3.5 seconds. It should also run more than 300 miles on a single charge with an 800-volt battery. A Targa version will come later, according to reports.

Source: WirtschaftsWoche via Electrek

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Categories: Property

All-wheel-drive 2019 Toyota Prius to cost $1,400 more than front-drive model

The Car Connection News Feed - Tue, 12/04/2018 - 15:35
Extra traction won't break the bank when it comes to the new all-wheel-drive Toyota Prius that was unveiled at the 2018 LA Auto Show last week. CarsDirect reported Monday the 2019 Toyota Prius AWD-e will start at $27,300, which includes a $920 destination charge. In comparison to the standard Prius, which sends power to the front wheels, AWD adds...
Categories: Property

2020 Chevrolet Silverado HD, Wild Horses, Trump to kill EV credit: What's New @ The Car Connection

The Car Connection News Feed - Tue, 12/04/2018 - 15:30
2020 Chevrolet Silverado HD revealed: Big face for Chevy's big pickup truck The 2020 Chevrolet Silverado HD pickup truck unveiled Tuesday has a face no driver will forget. Its massive grille, bisected by some of the largest branding this side of a Dreamliner, feeds one of two new engines. Crossover alternative: 2019 Volvo V60 station wagon to cost...
Categories: Property