Lodha to press ahead with redevelopment of Kensington Odeon

Property Week News Feed - Thu, 10/18/2018 - 13:14
Developer Minerva has sold its controversial Kensington Odeon site to a private development fund, which plans to progress with approved plans for a mixed-use redevelopment.
Categories: Property

2019 Nissan Titan and Titan XD's new Apple, Android compatibility pumps price to $31,785

The Car Connection News Feed - Thu, 10/18/2018 - 13:10
With its newly standard Apple CarPlay and Android Auto capability, the 2019 Nissan Titan will cost $31,785 to start. That's up $360 over last year and that price includes a mandatory destination charge. MORE: 2019 Chevrolet Silverado’s new turbo-4 rated at 21 mpg combined Moving up to the extended- or crew-cab configurations now brings the...
Categories: Property

2019 Ford Ranger preview

The Car Connection News Feed - Thu, 10/18/2018 - 12:47
The 2019 Ford Ranger marks Ford's return to the mid-size pickup segment for the first time since 2011. While the Ranger hasn't been available on these shores for the better part of a decade, the truck it is based on has been around internationally for quite some time, but this version is optimized for the North American market. Styling and...
Categories: Property

90 North makes Scottish PBSA acquisition from Maven

Property Week News Feed - Thu, 10/18/2018 - 11:51
Maven Capital Partners has achieved a major mark-up in selling its 16 bed purpose built student accommodation (“PBSA”) development in Dundee to 90 North Real Estate Partners.
Categories: Property

The Collective unveils plans for $450m New York co-living debut

Property Week News Feed - Thu, 10/18/2018 - 11:23
Co-living firm The Collective has announced plans to develop a $450m (£343m) 350,000 sq ft scheme in New York City which will serve as its flagship location in the US.
Categories: Property

2019 Lexus LX

The Car Connection News Feed - Thu, 10/18/2018 - 11:00
The 2019 Lexus LX 570 marries go-anywhere ability with edgy styling. It’s a beast ready for the wilds—even if those wilds are manicured lawns and leafy boulevards. Its styling may not be for everyone, but the LX 570 bests the Land Cruiser in key ways that have made the Lexus more popular than the Toyota. We rate the 2019 LX 570 at 5.8...
Categories: Property

Kensington & Chelsea to force developers to reveal profits

Property Week News Feed - Thu, 10/18/2018 - 10:37
Developers seeking planning permission from the London Borough of Kensington & Chelsea could have to reveal their profits to the council under ‘radical’ proposals.
Categories: Property

Octopus extends healthcare offer at £35m Birkdale redevelopment

Property Week News Feed - Thu, 10/18/2018 - 10:31
Sefton Council has approved Octopus Healthcare’s proposals for a £35m redevelopment of the former Birkdale School for Hearing Impaired Children in Southport into an extra care accommodation site.
Categories: Property

2018 Toyota Sequoia Limited 4x4 review update: SUV from the land before time

The Car Connection News Feed - Thu, 10/18/2018 - 10:00
The 2018 Toyota Sequoia's design is nearly old enough to start preparing for its bar mitzvah. The second-generation Sequoia full-size SUV bowed in 2007, so long ago that its rivals have all been redesigned. That's not to say the Sequoia hasn't been updated, but it's as old as the trees it's named after. The Sequoia received a raft of active safety...
Categories: Property

Triple Point exceeds target with £108m initial raise

Property Week News Feed - Thu, 10/18/2018 - 09:14
Specialist REIT Triple Point Social Housing has raised gross proceeds of £108.15m from an initial share raise and triggered a second supplementary raise.
Categories: Property

2019 Rolls-Royce Cullinan First Drive: A True Rolls or Brand Dilution?

Motortrend News Feed - Thu, 10/18/2018 - 09:00

Off-roading isn’t usually so quiet, yet as I traverse a rocky trail in Wyoming, the 2019 Rolls-Royce Cullinan’s hushed cabin makes an impression. While the SUV gives me a massage, I sneak a peek out the windows to admire the Grand Tetons before regaining my focus, doing my part to maneuver an SUV half a foot longer than a standard Escalade off-road. Rolls-Royce’s first-ever all-wheel-drive vehicle is a 210.3-inch SUV that doesn’t make sense at first, but the more you drive it, the more it feels true to the brand.

An enormous 12-cylinder SUV with a $330,350 starting price (including destination and gas guzzler fees) is overkill for off-roading, but the Cullinan’s basic trail-ready credentials help justify its place in Rolls-Royce’s lineup. Most American buyers won’t take their super-luxury SUVs off-road, but should such a situation present itself, simply press an off-road button to optimize the Cullinan’s performance for the trail that leads to your luxurious hillside hideaway.

The Cullinan is a Rolls-Royce first and an SUV second, however, which means the new model’s styling, interior richness, and on-road behavior are arguably more important than its off-road abilities. First impressions are strong; the blocky, imposing presence of the Ghost and Phantom sedans extend naturally to an SUV body style. Cullinan drivers enjoy a commanding view of the road ahead, highlighted by the Spirit of Ecstasy at the edge of the hood. Rolls-Royce remains one of the very few luxury automakers that can pull off a hood ornament that will command respect and not ridicule.

The deal-maker/breaker of a design feature is the way the rear windshield meets the pushed-back liftgate lid, which is said to pay homage to early 20th century Rolls-Royces that still held luggage in an actual trunk behind the passenger compartment. From the side, Rolls-Royce’s distinctive front-mounted rear door handles catch your eye, as does the thick stainless steel trim that extends in one piece from the base of the D-pillar over the top of the doors to the A-pillar.

In the U.S., 22-inch wheels will be standard with 21s and winter tires offered, as well. Unless you need winter tires, stick with one of the 22-inch options to maximize curb appeal every time you approach the valet. Even with the larger wheels, the Cullinan retains the smooth ride you expect of a Rolls-Royce thanks in part to an updated self-leveling air suspension and special tires designed to keep road noise to a minimum. The SUV’s eight-speed automatic, 563-hp V-12 with 627 lb-ft of torque, and brakes are all tuned for smoothness; those 12 cylinders will move the three-ton Cullinan with authority at wide-open throttle, but the engine never yells.

Even with a four-wheel steering system, the Cullinan carries itself with a heaviness that communicates its preference for a more comfortable pace. Want a sporty six-figure super-luxury SUV? Get a Bentley Bentayga. But if your goal is total comfort in a spacious interior, the far more expensive Cullinan may be a better fit. Rolls-Royce expects most Cullinan owners to actually drive their own SUVs—something you wouldn’t find as much in the Phantom flagship sedan.

Even that level of brand recognition can’t make up for the Cullinan’s lack of Apple CarPlay, a feature that—no matter your income tax bracket—facilitates audio, navigation, and text messaging functions. Rolls-Royce says it wants to introduce the feature only after Apple and the automaker can make it work from the rear-seat touchscreens in addition to from the front. Although future Cullinans could add that feature, current rear-seat passengers may be too impressed by the view from the large side windows and all the room to stretch out to notice.

Also impressive: The Cullinan makes the laborious task of closing doors a thing of the past. Once inside, front and rear passengers need only press and hold a switch and watch as the door pulls itself shut. Upon exiting the car, press a button on the door and the door shuts itself. Although having to hold the door-close button from inside isn’t as convenient as pressing a button once, this virtual chauffeur service is still cool. (Rolls-Royce says holding the button down is a safety feature that prevents the door from closing on you.) Other niggles: The lane departure system merely warns but doesn’t keep the SUV centered in its lane as on less expensive cars, and the metal trim on the doors and on the center console shines in your eyes in just the right light. Focus instead on the huge panels of wood trim and leather headliner around the edges of the panoramic roof. Or remind yourself why this SUV carries a six-figure price tag by running your fingers across almost every surface, including the especially solid-feeling stainless steel door handles or air vents.

Most U.S. buyers are expected to go for the Cullinan’s five-seat option—the three-across seating makes the Rolls-Royce a family-ready option for those who find Escalades and Range Rovers too common. A four-seat option with two reclining and massaging rear seats is also available. Whichever model you get, Rolls-Royce has largely delivered with the Cullinan. And once owners drive their SUVs beginning at the end of this year, they’ll find a Rolls-Royce that absolutely deserves its place in the garage next to the rest of the family fleet.

The post 2019 Rolls-Royce Cullinan First Drive: A True Rolls or Brand Dilution? appeared first on Motor Trend.

Categories: Property

2018 Range Rover Velar R-Dynamic SE Long-Term Update 3

Motortrend News Feed - Thu, 10/18/2018 - 09:00

In the Arrival article for the Velar, I mentioned my thrill at experiencing this crossover’s 825-watt Meridian sound system. Now for some details as to how good this system actually is.

With a suitably hi-def audio file loaded up, you can hear the finger drags on the slinky opening bass line of Chris Isaak’s “Baby Did a Bad Bad Thing.” You can hear the distinction between the first and second violins in Mozart’s Divertimento in D major, K. 131. And you can actually hear the soul of Radiohead singer Thom Yorke crack just a little in the soaring bridge of “Fake Plastic Trees.”

Car stereos aren’t supposed to be this acoustically dynamic. A car’s interior contains too many oblique angles and soft surfaces for sound waves to bounce off and be absorbed by—creating aural chaos. I’m a serious audiophile, and the fidelity of the Velar’s Meridian system is one of the finest I’ve heard in more than 2,500 cars I’ve reviewed—in the same class with the fullness and range of the Bowers & Wilkins system in the new Volvo V90, and the clarity of the Nakamichi in the original Lexus SC 400 coupe.

A great stereo is key to a vehicle that is going to make lengthy road trips—in this latest case, that of senior copy editor Jesse Bishop, who squired his betrothed Teresa from L.A. to be married outside of Seattle. And back.

Other than a long-suffering right-rear tire that needed a quick replacement, the occasional proximity key nonfunction, and some infotainment system quibbles (which we’ll detail in the next Update), the Velar was a luxurious wedding coach for 3,000 miles over a week’s time.

“Overall, the Velar is outstanding,” Bishop noted. “Probably my favorite vehicle I’ve driven from the MT fleet.”

However, Jesse noticed that the power rear hatch doesn’t cotton to countermanded, “Whoops, I forgot that last little box,” orders when closing, preferring to force its way through physical declinations unless seriously resisted or keyfobbed.

Seeing this as a potential safety hazard for the fingers of Great Britain’s royal family, (to whom Jaguar Land Rover provides vehicles), I undertook some scientific investigation. Three rolled-up magazines? Smooshed, without the hatch retracting. An empty soda can? Crushed. Two cans? Again, crushed, with no retraction. One could only imagine the commotion on Fleet Street should the Duchess of Kensington or HRH Baby Arthur get a pinchy-owie. See to this promptly, Land Rover engineers.

Read more about our long-term Range Rover Velar R-Dynamic SE:

The post 2018 Range Rover Velar R-Dynamic SE Long-Term Update 3 appeared first on Motor Trend.

Categories: Property

Urban Exposure grows loan book to £230m

Property Week News Feed - Thu, 10/18/2018 - 08:53
Urban Exposure has grown its total lending commitments to £230m following the successful closure of seven new loans from 3 July 2018 to 17 October 2018.
Categories: Property

Urban Logistics grows NAV by 5.5%

Property Week News Feed - Thu, 10/18/2018 - 08:42
Urban Logistics grew its EPRA NAV 5.5% in the first half of the year to 129.21p.
Categories: Property

Ringley acquires JP Hay for BTR expansion

Property Week News Feed - Thu, 10/18/2018 - 05:59
The Ringley Group has acquired fellow property management specialist JP Hay to support its growth in the build-to-rent (BTR) market.
Categories: Property

Aviva puts Project Symphony offices up for sale for £150m

Property Week News Feed - Thu, 10/18/2018 - 05:52
The nine office blocks cover around 465,000 sq ft and are mostly located in business parks in the South East.
Categories: Property

LandInsight launches site and building app

Property Week News Feed - Thu, 10/18/2018 - 05:48
Proptech platform LandInsight has launched a mobile app that enables users to obtain detailed information on sites from their phones.
Categories: Property

Glasgow's Wordie wins £35m new funding

Property Week News Feed - Thu, 10/18/2018 - 05:41
Wordie Properties has agreed a £35m funding package with Bank of Scotland to finance the Glasgow property company’s growth plans.
Categories: Property

Accessible Retail conference talks CVAs and ecommerce

Property Week News Feed - Thu, 10/18/2018 - 05:33
Company voluntary arrangements (CVAs) were a hot topic among industry experts at the Accessible Retail conference, held last week in London.
Categories: Property

Landmark secures trio of West End lettings

Property Week News Feed - Thu, 10/18/2018 - 05:28
Serviced office provider Landmark has secured three lettings in London’s West End totalling around 85,000 sq ft, adding more than 1,000 desks to its portfolio.
Categories: Property