Forrester downplays Cushman & Wakefield's $2.6bn debt

Property Week News Feed - Thu, 08/02/2018 - 19:57
Cushman & Wakefield’s John Forrester discusses firm’s indebtedness, growth plans and prospects as its shares surge on first day of trading as a listed company.
Categories: Property

The 715-hp Aston Martin DBS Superleggera May Soon Get Even More Power

Motortrend News Feed - Thu, 08/02/2018 - 19:21

Having just driven the 2019 Aston Martin DBS Superleggera, we can confidently say we’re big fans. Not only is it jaw-droppingly gorgeous, it has the right handling and performance to make it one of the most desirable grand tourers on the market. But even though our only real complaint is the unobtainable price, it sounds like Aston Martin plans to make the DBS Superleggera even better.

According to Australia’s Motoring, there’s a good chance we’ll soon see a version of the DBS that’s been reworked by AMR, Aston’s newly formed performance sub-brand. Like we saw with the 2019 DB11 AMR, expect the DBS Superleggera AMR to be even more powerful and agile than the regular version. And while we don’t have definite confirmation just yet, it sure sounds like it’s essentially a done deal.

“We produced an AMR version of the previous Vantage and have an AMR Rapide and DB11, so it’s safe to assume a DBS Superleggera is coming,” an unnamed Aston Martin executive told Motoring. The same source also told the Australian outlet that the new DBS had been developed from the beginning with an AMR version in mind.

Changes will most likely include a sport-tuned suspension for better handling, the liberal use of carbon fiber to reduce weight, and an engine tuned to make about 750 hp. According to Motoring‘s source, that’s the most power the 5.2-liter twin-turbo V-12 can make without requiring upgraded internal components. The added grunt and lower curb weight should make the DBS quicker than it already is, but it sounds like the team will mostly be focused on improving how it handles. Hopefully, that means it will also get active transaxle mounts that reduce the rocking we felt.

There’s no word on U.S. pricing yet, but since the regular DBS Superleggera starts around $308,000, don’t be surprised if the AMR comes in around $350,000.

Source: Motoring


The post The 715-hp Aston Martin DBS Superleggera May Soon Get Even More Power appeared first on Motor Trend.

Categories: Property

WSP makes Manchester move with First St pre-let

Property Week News Feed - Thu, 08/02/2018 - 17:32
The Greater Manchester Property Venture Fund and Patrizia UK have secured engineering and professional services giant WSP as a tenant at No8 First Street in Manchester.
Categories: Property

BMW slices subscription prices to take on Mercedes

The Car Connection News Feed - Thu, 08/02/2018 - 15:39
A BMW subscription just became more than $1,000 cheaper as the luxury automaker seeks to better compete with Mercedes-Benz. BMW on Wednesday announced price cuts to its subscription trial program as well as a new, entry-level tier. The Access by BMW program, which launched in Nashville, Tennessee, and Philadelphia, earlier this year now features...
Categories: Property

Ram pickup recall, Mercedes-Benz CLS driven, Tesla Model 3 trade-ins: What's New @ The Car Connection

The Car Connection News Feed - Thu, 08/02/2018 - 15:30
1.1M Ram pickup trucks recalled over faulty tailgate latches More than 1.1 million owners of 2015-2017 Ram trucks will soon receive recall notices in the mail to take their pickups into dealers to have their tailgate locking systems modified, the automaker said Thursday. 2019 Volvo XC60 Review The 2019 Volvo XC60 luxury compact crossover feels...
Categories: Property

Cheyne Capital closes £600m fund

Property Week News Feed - Thu, 08/02/2018 - 15:26
Cheyne Capital has closed its fifth real estate fund, Cheyne Real Estate Credit (CRECH) Fund V – Opportunistic, at its £600m hard cap.
Categories: Property

2019 Ram ProMaster

The Car Connection News Feed - Thu, 08/02/2018 - 14:09
The 2019 Ram ProMaster pares its available engine lineup down to one this year: a gas-powered V-6 that’s used throughout the Fiat Chrysler Automobiles family. Less isn’t more here. The Ram ProMaster rates 3.0 on our overall scale because it was never going to do well. It’s not built like passenger cars, our rating scale was...
Categories: Property

2018 Ford F-150 Long-Term Arrival

Motortrend News Feed - Thu, 08/02/2018 - 14:00

Measure twice, cut once. My predecessor (Hi, Benson!) left me with those words of wisdom before he turned in his key card and passed me the baton of managing Motor Trend’s vehicle fleet. Perhaps I should’ve been more mindful of that advice when I ordered our long-term 2018 Ford F-150, our current Truck of the Year champ.

“Umm, I think this is the wrong truck,” I told the driver who delivered the F-150 to our office. “This is a SuperCab. We ordered a SuperCrew.”

“You’ll need to talk to Ford,” he said as he tossed me the keys. “This is what they gave us.”

There would be no need to talk to Ford. After marching back to my desk and digging through my emails, I found the build sheet I sent off months ago – “2018 Ford F-150 Lariat SuperCab.” Deng it. My bad. And now, it’s my truck.

As you’ve probably noticed at your local Home Depot, crew cabs—with their full-sized rear passenger area and doors—dominate the truck world. In the case of the F-150, SuperCrews account for approximately 80 percent of sales (Ford couldn’t provide a breakdown of regular and SuperCab trucks). But why so little love for the SuperCab? Like the SuperCrew, It also seats five passengers. Rear legroom is cut by quite a bit (33.5 versus 43.6 inches), but it’s tolerable for quick runs around the city. Road trips? We’ll find out. And the rear suicide-style doors are kind of cool, too.

Another benefit of the SuperCab? We were able to order the 6.5-foot bed and keep our truck’s overall length at a little over 19 feet. A SuperCrew with the same bed would be about a foot longer. Doesn’t sound like much, but that’s a big deal in L.A.

Under the hood, we opted for the popular 2.7-liter, twin-turbo EcoBoost V-6 that’s mated to a 10-speed automatic and makes 325 hp and 400 lb-ft of torque. “The 2.7 is all the engine most folks will ever need,” we said during Truck of the Year evaluations. And it’s even more of a no-brainer when you consider it’s just a $995 premium over the base 3.3-liter V-6. We’ll test its mettle and towing performance, and see how close we get to its EPA rating of 19/24/21 mpg city/highway/combined.

We opted for the Lariat trim, right in the middle of the F-150 lineup that includes the F-150 XL at the bottom and the F-150 Platinum up top. Base price for our truck is $46,335, which is just under $4,000 more than the XLT that sits below it. We consider it money well spent thanks to the 18-inch wheels, leather seats, Sync 3 infotainment with an 8.0-inch touchscreen, heated and cooled front seats, trailer hitch, power-sliding rear window, and a truck bed with LED lighting and the BoxLink modular cargo management system.

Our attempt to remain frugal with the options list proved difficult. Many checkboxes later, we faced $11,575 worth of added goodies, the bulk of which went to the Equipment Group 502A package ($5,835) that includes premium audio, navigation, LED side-mirror spotlights, blind-spot monitoring, step bars, LED headlights, and numerous exterior chrome trim pieces. Total tally comes to $57,910. There’s plenty of things to admire about our new truck. Will the SuperCab setup be one of them?

2018 Ford F-150 Lariat FX4 BASE PRICE $44,835 PRICE AS TESTED $57,910 VEHICLE LAYOUT Front-engine, 4WD, 5-pass, 4-door truck ENGINE 2.7L twin-turbo DOHC 24-valve V-6 /10-speed automatic TRANSMISSION 10-speed automatic WHEELBASE 145.0 in LENGTH x WIDTH x HEIGHT 231.9 x 79.9 x 77.2 in EPA CITY/HWY/COMB FUEL ECON 19/24/21 mpg ENERGY CONS, CITY/HWY 177/140 kW-hrs/100 miles CO2 EMISSIONS, COMB 0.93 lb/mile

The post 2018 Ford F-150 Long-Term Arrival appeared first on Motor Trend.

Categories: Property

1.1M Ram pickup trucks recalled over faulty tailgate latches

The Car Connection News Feed - Thu, 08/02/2018 - 13:58
More than 1.1 million owners of 2015-2017 Ram trucks will soon receive recall notices in the mail to take their pickups into dealers to have their tailgate locking systems modified, the automaker said Thursday. The recall addresses a faulty actuator tab within the power locking tailgate mechanism that can fracture and cause the tailgate to open...
Categories: Property

New land director among five hires for L&G's Inspired Villages Group

Property Week News Feed - Thu, 08/02/2018 - 13:35
Legal & General’s retirement scheme operator Inspired Villages Group has made five senior hires as part of its expansion campaign.
Categories: Property

UK's first 'searchable and shoppable fashion store' signs for Covent Garden debut

Property Week News Feed - Thu, 08/02/2018 - 13:32
Digital shopping app WhereWolf has signed for a pop-up space at St Martin’s Courtyard in Covent Garden to offer what it claims will be the first ever “searchable and shoppable fashion store”.
Categories: Property

Rates rise expected to have 'limited impact' on commercial and resi markets

Property Week News Feed - Thu, 08/02/2018 - 13:31
The Bank of England has announced a 0.25% interest rate rise to 0.75% in a move which sets the base rate to its highest level since 2009.
Categories: Property

Walt Disney acquires $650m Hudson Square site for new NY HQ

Property Week News Feed - Thu, 08/02/2018 - 13:15
The Walt Disney Company has agreed a deal to acquire 4 Hudson Square from Trinity Church Wall Street for $650m (£497m) to become the entertainment giant’s New York campus.
Categories: Property

CBRE's EMEA revenues rise but profits fall

Property Week News Feed - Thu, 08/02/2018 - 12:51
CBRE has reported double-digit growth in fee revenue in EMEA in the second quarter but suffered a decline in profits in the region.
Categories: Property

DRC hires Natalie Howard from AgFe

Property Week News Feed - Thu, 08/02/2018 - 11:06
DRC Capital has hired Natalie Howard from AgFe as a partner, a week after announcing a major investment from Savills Investment Management.
Categories: Property

Munden leaves DCL to set up own consultancy

Property Week News Feed - Thu, 08/02/2018 - 10:42
Tim Munden, head of the lease advisory team at Davis Coffer Lyons, is leaving the firm after 30 years to set up his own consultancy.
Categories: Property

Cushman & Wakefield raises $765m in IPO

Property Week News Feed - Thu, 08/02/2018 - 09:37
Cushman & Wakefield has successfully raised $765m (£584m) in its initial public offering, giving the company a market value of $3bn.
Categories: Property

Countrywide shares tumble 50% on fundraising plan

Property Week News Feed - Thu, 08/02/2018 - 09:12
Countrywide has revealed plans to raise £140m in a share placing to shore up its balance sheet.
Categories: Property

2018 Lincoln Navigator: Three Traits Flagship Sedans Can’t Match

Motortrend News Feed - Thu, 08/02/2018 - 09:00

For most of the Automotive Era, manufacturers have produced—as the ultimate expression of their engineering might, design savvy, and marketing capabilities—a flagship sedan. The S-Class. The Phantom. The Mulsanne. The Fleetwood. The Continental. All are three-box cars. Each has propelled world leaders, autocrats, mafia dons, etc. But now these folks and even midlevel megalomaniacs are demanding vehicles that elevate their social standing both literally and figuratively. Ground clearance and sight lines are “the new black” in cars. Having just spent a week in the most fabulous Lincoln money can buy—a Navigator Black Label—I took some notes on the missions this Lincoln can tackle that no Town Car, Continental, or other low-clearance three-box could hope to accomplish.

Twice as Many Back Seats

Luxobarges are all about rear seats that pamper, and in this department, the Navi doubles your pleasure. When you roll in Black Label style, even the way-back gets electric seat-back recliners, USB jacks, reading lamps, coat hooks, and ample stretch-out room—even with the standard wheelbase (L models are crazy roomy). The press of a button electrically whisks the middle-row throne out of the way so that Mr. or Ms. Almost-As-Big can easily and gracefully alight from their perches on an electrically deployed stair. Sadly, 30-way adjustability, ventilation, and massage programming have yet to be offered aft of the front row, and the third row lacks even the heat and armrests of the second, but give Lincoln a year or two to add these caprices.

Armors More Easily

The car platforms most sedans are built on (POTUS’s Beast is a notable truck-based exception) aren’t typically engineered to carry much more weight than the avoirdupois of four or five average passengers. But the Navigator’s ladder-frame truck chassis has a gross vehicle weight rating of 7,350 to 7,800 pounds. Thanks to the switch to aluminum bodywork, that leaves some 1,600 to 1,750 payload pounds to work with—and that’s before you switch to mil-spec high-speed run-flat tires. Plenty of capacity for some light firearms-resistant armoring. It can also tow 8,100 to 8,700 pounds’ worth of horses, yacht, or SWAT support.

Six-Hoffa Cargo Area

Put all the seats up, and you’ve still got 19.3 to 34.3 cubic feet of very cubic space to work with in the back—that equals or doubles the size of the typical sedan trunk. Lower the third row, and you’ve got 57.5 to 73.3 cubic feet of nice, wide, tall stash space. It even includes four robust cargo tie-down hooks. Of course, sedans have one advantage here, in that they’re better at isolating the seated passengers from any sounds or smells emanating from the cargo area. During my week with the Navigator, I hauled six sheets of Durock, six sheets of paneling, and a Fiat 124 Spider transmission back there. Bonus: Whatever doesn’t fit in back can ride up top on a luggage rack with three cross-bar mounts that can handle another 125 pounds. Try that with a sedan.

The post 2018 Lincoln Navigator: Three Traits Flagship Sedans Can’t Match appeared first on Motor Trend.

Categories: Property

Harworth sells Yorkshire units for £15.8m

Property Week News Feed - Thu, 08/02/2018 - 08:40
Harworth Group has sold all five of its built commercial units at its Gateway 36 Business Park in South Yorkshire, to Cadogan Income Properties for £15.8m.
Categories: Property