Henderson Park acquires hotel in Madrid

Property Week News Feed - Tue, 08/13/2019 - 16:41
Henderson Park has acquired the Aloft Madrid Gran Via for over €57m (£52.8m) in central Madrid, Spain.
Categories: Property

Lawsuit alleges GM sold heavy-duty trucks that couldn't reliably run on US diesel fuel

The Car Connection News Feed - Tue, 08/13/2019 - 15:30
Some truck owners say General Motors knowingly used a defective fuel pump in many heavy-duty pickups and vans that could erode and pump metal shavings through engines, according to a lawsuit filed this month. The lawsuit, which was filed in federal court in Detroit, is the continuation of several lawsuits filed against many truckmakers including...
Categories: Property

2019 Lexus NX aces IIHS tests, earns Top Safety Pick+ nod

The Car Connection News Feed - Tue, 08/13/2019 - 14:45
The 2019 Lexus NX earned a Top Safety Pick+ rating from the Insurance Institute for Highway Safety, the organization announced Monday. The NX earned the institute's highest safety nod thanks to excellent standard headlights and "Superior" scores for forward collision avoidance. While 2015-2018 models earned above-average marks, the award applies...
Categories: Property

2020 Honda Odyssey gets standard 10-speed automatic, 25th anniversary package

The Car Connection News Feed - Tue, 08/13/2019 - 14:00
To celebrate the 25th anniversary of its bestselling minivan, Honda announced Monday that the 2020 Odyssey minivan will be equipped as standard with its 10-speed automatic transmission and offer a commemorative package that bundles some unique visual upgrades to mark the occassion. Previously only offered on the higher-end Odyssey Touring and...
Categories: Property

Meadowhall bags four new tenants

Property Week News Feed - Tue, 08/13/2019 - 13:55
Four new retailers have signed leases at Meadowhall shopping centre in Sheffield after it recorded a 6% increase in footfall since 2018.
Categories: Property

Kennedy Wilson poised to buy the Heights Brooklands for £138m

Property Week News Feed - Tue, 08/13/2019 - 13:01
Kennedy Wilson is on the verge of putting the Heights Brooklands business park under offer for around £138m, Property Week can reveal.
Categories: Property

Tune in for Pebble Beach Concours Coverage on MotorTrend TV!

Motortrend News Feed - Tue, 08/13/2019 - 13:00

If you’re a collector car connoisseur, or a car fan in general, you’re not going to want to miss the 2019 Pebble Beach Concours d’Elegance. Tune in to MotorTrend TV on Saturday, September 28, at 1:00 pm EST to see some of the most prized collectible cars in the world, plus insightful interviews and commentary from the experts.

From the Acura Type S Concept to rare Bugatti racers to former Hot Rod cover cars, there will be no shortage of exquisite rolling sculptures on the lawn at Pebble Beach Golf Links. Inside the 2019 Pebble Beach Concours d’Elegance will bring you all the highlights from the 18th green, breaking down what is widely considered to be the most prestigious and competitive collector car event in the world. This one-hour special will be hosted by a group of top-notch automotive experts, including British race car driver and broadcaster Justin Bell; FOX NHRA and FIA Formula E Championship reporter Amanda Busick; MotorTrend Editor-in-Chief Ed Loh; and MotorTrend International Bureau Chief Angus MacKenzie.

Watch Inside the 2019 Pebble Beach Concours D’Elegance only on MotorTrend TV on September 28, and catch all our Pebble Beach coverage right here on starting August 15.

The post Tune in for Pebble Beach Concours Coverage on MotorTrend TV! appeared first on MotorTrend.

Categories: Property

South African REIT buys Puma-let warehouse for £30.7m

Property Week News Feed - Tue, 08/13/2019 - 12:59
Barwood Capital, in joint venture with British Airways Pension Trustees, has sold a distribution centre to a South African REIT for £30.7m after it secured a new lease to sportswear company Puma.
Categories: Property

Olney leaves Colliers

Property Week News Feed - Tue, 08/13/2019 - 12:49
John Olney, director and co-head of Colliers International’s Central London Offices team, has left the firm, Property Week understands.
Categories: Property

Retail giants call on chancellor to reform business rates

Property Week News Feed - Tue, 08/13/2019 - 12:17
More than 50 retail bosses have written to the chancellor, Sajid Javid, urging him to change tax rules to boost the UK high street.
Categories: Property

Octopus Real Estate signs deal on Solihull care home

Property Week News Feed - Tue, 08/13/2019 - 11:53
Octopus Real Estate has secured planning permission for an 80-home development at Blythe Valley Park in Solihull.
Categories: Property

LonRes launches anonymous off-market residential listings platform

Property Week News Feed - Tue, 08/13/2019 - 11:29
Online residential trading platform LonRes has launched a free website for agents to anonymously list properties they are selling off-market.
Categories: Property

M&G Real Estate secures new tenancies at Edinburgh office

Property Week News Feed - Tue, 08/13/2019 - 11:04
M&G Real Estate has secured 20,000 sq ft of new tenancies in its Edinburgh office building 40 Torpichen Street.
Categories: Property

Ashley demands zero rents on Jack Wills stores

Property Week News Feed - Tue, 08/13/2019 - 11:01
Mike Ashley’s Sports Direct has asked Jack Wills’ landlords to slash rents to zero across some of the retailer’s worst-performing stores, according to Property Week’s sister title Drapers.
Categories: Property

Paddington Square construction gets underway

Property Week News Feed - Tue, 08/13/2019 - 10:57
Sellar has started the construction of Paddington Square, its £825m transformation of the Paddington station area.
Categories: Property

Chevrolet Corvette C2 History: The Bold Sting Ray Makes Its Debut

Motortrend News Feed - Tue, 08/13/2019 - 09:00

The second-generation Corvette sold from 1963 to 1967 and came to be known as the Sting Ray. This particular car was born from a handful of experimental and prototype machines that designers/engineers Zora Arkus-Duntov and Bill Mitchell had worked on toward the end of the C1 production run. For Zora, the car had yet to reach its full performance potential in the first generation. There was one big problem: the Automotive Manufacturers Association’s ban on allowing production cars to compete in racing. This didn’t stop the duo, though, as they and other GM employees dedicated after-hours time to designing and building early Corvette concept racecars.

This article was originally featured on HOT ROD. For more stories like this, check out the HOT ROD Network. Interested in the 2020 Corvette Stingray? Get the full story on the C8 here.

There was the Corvette Super Sport, the Q-Corvette, and even a mid-engine, open wheel car called the CERV1, but the prototype that very clearly inspired the design of the C2 was the Sting Ray Special and the XP-720. The Sting Ray Special was the brainchild of Bill Mitchell, who derived much of the car from his and Zora’s early Super Sport. He even sponsored the car in Sport’s Car Club of America (SCCA) events C-Modified class for a season. It eventually went the way of the dodo once funding ran dry, however the design and performance yielded by that car would carry into the XP-720.

The XP-720 concept came along in the latter half of the C1’s production and laid the groundwork for the C2 production car. It featured greater interior space while actually shrinking the exterior dimensions. The power plant was pushed back along with the passengers, who were now also seated closer together between the frame rails. This was done to increase stability and lower the center of gravity.

An element of the C2 that Zora fought hard to retain no matter the cost was the independent rear suspension. This was a game changer for the American performance car market and what made the Corvette unique. Another point of contention was the iconic split rear window. On the one hand, Zora thought it would be hazardous to road safety, and Bill said that it was an integral part of the unique design. In the end we got the split window for one year. Other Corvette firsts included a hydraulic power steering option as well as the most powerful (for the time) 327 V8s at 340 and 360 horsepower depending on the options selected.

When the C2 debuted, the automotive world shook. The bulging, vented hood, creased lines from tip to tail, and performance was everything that Zora had wanted for the car since day one, and it would only get better from there. In 1964, there were only small stylistic changes and few mechanical. The fuel-injected models had 15 hp bump to 375 hp. 1965 was a huge year, literally. It was the first year of the 396 ci big-block engine (that put out 425 hp) and four-wheel disc brakes.

In 1966, two big-block variants were made available: the 396 and the almighty 427, which was rated at 435 hp and 460 lb-ft of torque. With two massively powerful options, the small blocks, while still no slouch, were less popular. The 1967 model year big block cars could be outfitted with the infamous L88 427 engine which was essentially built for racing. It featured 12.5:1 compression ratio, better flowing heads, and forged pistons to name a few aspects. This engine option was also accompanied by power brakes, a Positraction differential, and stronger suspension. A radio and heater delete was an option as well.

Talk about going out with a bang! The C2 Corvette is arguably the most badass, classic Vette ever made. It was the mold from which every other Corvette was cast which will become more apparent as this series continues.

The post Chevrolet Corvette C2 History: The Bold Sting Ray Makes Its Debut appeared first on MotorTrend.

Categories: Property

2019 Volvo S60 T6 Momentum Review: One Year With Volvo’s Luxury Sport Sedan

Motortrend News Feed - Tue, 08/13/2019 - 09:00

Back in April, Detroit editor Alisa Priddle traveled to Charleston, South Carolina, to help build a 2019 Volvo S60 at the plant. “Sometime in the next few months,” she wrote, “someone will buy a Volvo S60 sedan with a panoramic sunroof that I installed.” Turns out, I’ll be driving that same S60. With the help of Volvo PR, MotorTrend obtained the S60 luxury sport sedan that came off of the production line a few months ago, and we’ll spend the next year with it.

Our 2019 Volvo S60 T6 AWD Momentum is powered by a 2.0-liter four-cylinder engine that’s both supercharged and turbocharged. Mated to an eight-speed automatic transmission, the engine produces 316 hp and 295 lb-ft of torque, and all that power is sent to all four wheels thanks to a standard all-wheel-drive system. This is the same powertrain we drove during our Car of the Year testing last year, and we liked it so much we named the S60 and V60 finalists.

Picking the S60 Momentum trim means you get a 9.0-inch touchscreen with Apple CarPlay and Android Auto. There are two USB ports in the entire cabin, a Wi-Fi hot spot, the panoramic sunroof installed by our very own Alisa, leather seats and trim throughout the cabin, and a two-zone automatic climate control system. Rear passengers get air vents, but they don’t have their own climate system or any USB ports.

All new Volvos get the City Safety collision avoidance system, which includes runoff road mitigation and protection, lane keep assist, road sign information, and rear park assist. Unfortunately, the full suite of safety technologies doesn’t come standard in the S60, so you have to add the Advanced package to get them. Our Volvo did come with that package, adding $2,500 to the price, and we’ll report on the semi-autonomous Pilot Assist technologies throughout the year.

Our new S60 also came with the Premium and Multimedia packages. The Premium package adds power-folding mirrors, automatic dimming mirrors, HomeLink garage door opener, blind-spot monitoring with rear cross-traffic alert and automatic braking, front and rear parking sensors, and keyless entry with hands-free trunk opening. This package adds $2,050 to the price.

The Multimedia package comes with a 12.3-inch digital display on the instrument panel, a navigation system, and the crisp Harman Kardon premium 10-speaker sound system. The package adds $2,500 to the price, but in my opinion, it’s worth it. The digital display is pretty sweet and lets you put the nav system between the speedo and tach. It has a different look and feel compared to Audi’s Virtual Cockpit, and it nicely complements the rest of the premium interior.

Our S60 also comes with the Linear Lime Deco inlay ($600), heated rear seats and steering wheel ($750), and Osmium Gray Metallic paint ($645). In total, our S60 came in at $50,630, a decent price for a well-equipped luxury sport sedan.

The S60 has already seen lots of driving. Associate road test editor Erick Ayapana took its delivery in Detroit and drove it to L.A. before making a few stops in the Midwest, Colorado, and San Francisco. He quickly fell in love with the Volvo and was reluctant to give me the keys when he got back.

I’m very excited to be driving the 2019 Volvo S60 T6 for the next 12 months. It’s a looker on the road, and it’s been comfortable so far. And I know who to blame if we ever get a leak from the sunroof.

The post 2019 Volvo S60 T6 Momentum Review: One Year With Volvo’s Luxury Sport Sedan appeared first on MotorTrend.

Categories: Property

Building this 1979 Pontiac Firebird was a Form of Therapy for a Veteran

Motortrend News Feed - Tue, 08/13/2019 - 09:00

Stories don’t always begin with the featured vehicle. This 1979 Pontiac Firebird actually began with a 1967 Chevy pickup. I photographed that C10 for sister publication Classic Trucks. It was exceptional beyond the sum of its parts: Tony Scalicci transformed it from hardly more than a frame and bits of a rusty cab into a top-shelf Pro Touring rig that made the cover of a national magazine. And he did it in like a year. But that’s not even the impressive part: it was his first shot at building anything. This is a busy dude with a big family and a serious job.

This article was originally featured on HOT ROD. For more stories like this, check out the HOT ROD Network.

When pressed for the secret to success he revealed something that most wouldn’t associate as any sort of benefit to car building: Post-Traumatic Stress Disorder. Tony is one of the near-countless veterans affected by their service. PTSD manifests in just as many ways. “Specifically, I over-think,” Tony explains. “I can’t turn my brain off. When I don’t have anything to do—meaning I don’t have something to focus on—I get overwhelmed with thoughts that I shouldn’t be having.” Building things trains his mind on something more positive. “I use that therapy to go to the next car.”

This is that next car. In fact, there have been so many next cars that Tony went into business building cars for others at G Rods Garage in Chehalis, Washington. But while building that truck, Tony discovered something that changed his life: Autocross. Specifically, the Optima Ultimate Street Car Challenge. As he quickly learned, the truck he built had more of the appearance of a racecar than the performance of one. To remedy that, he had to start from scratch.

His inspiration for it was as unlikely as the backbone of his productivity. “My grandmother bought a brand-new Trans-Am in 1979,” he reminisces. “At Optima you want to show up with something that’s different from everything else. I’d never seen a Trans-Am.” After some searching, Tony found a derelict project. “The guy blew it into a million pieces and gave up,” he says. The car came together around Speedtech Performance’s successful Track Time suspension, a system that uses the company’s interpretation of the torque-arm that helped make the third-gen F-body so successful.

For power, Tony had Tory Eaton build an LSA with a raft of parts from Lingenfelter Performance Engineering: a ported 1.9 Eaton supercharger, ported heads, and a Brian Tooley Racing cam. Eric Armstrong at Armstrong’s Automotive and Performance Center in Enumclaw coaxed 722 hp and 640 lb-ft torque from the healthy combination. What that engine drives is unexpected: a Tremec TR6060. It’s basically the venerable T56 with a host of improvements like triple-synchronized first and second gears and double-synchronization on all others including reverse. A one-piece countershaft also gives the trans a 600 lb-ft torque capacity. However, the gearbox presented a few problems. Because GM intended it for the IRS-equipped Camaro, it has an output coupling that requires a slip-yoke driveshaft. The transmission is also much bigger. “You have to raise the floor to fit the trans,” he says. “It’s bigger back there.”

Tony modified the body in ways that escape notice but make the car function better. Naturally, he tubbed the rear but to get 335/30ZR18s to tuck, but he also had to slice the rear quarter panels lengthwise over the wheels and fill the gap that emerged. “Everybody thought it was awesome, but it was the easiest thing you can do,” he assures. To get 315s on the front, he pulled out the leading lower edges of the fenders out. That widened the nose at the bottom, so he cut up two bumper fascia on either side of the center and grafted them together with a scarf joint and urethane adhesive. Tony worked with Boze Alloys to create this design that borrows everything from the snowflake…except the weight. They measure 18×9 and 18×10 and mount 315/35R18 and 335/30R18 BF Goodrich g-Force Rivals

The feature that makes the car distinctive—the T-tops—also made it a lot harder to build for track use, because they compromise the structural integrity of the body. To combat the potential chassis flex, built an eight-point rollcage from .095-inch wall-thickness tube. He used 1 3/4-inch tubing for everything right up to the tops of the A-pillars and sail panels. From there he spanned the top with 1 ¼-inch  tubing. “I would’ve gone thinner-wall, but I couldn’t find chromoly in the diameters that I wanted,” he says. What’s especially noteworthy is how Tony routed the tubing. He removed the inner roof panels, tucked the tubes into it, modified the inner panels to fit, then welded everything back together. The only evidence is a bulge in the inner A-pillars.

Though effective, the design has secondary consequences. Because he had to snake the tube across the roof to go through the T-top spine, there’s a lot of material in there. And because he had to run heavier-wall tube to get the sizes he needed, that extra material is kind of heavy. Adding to that weight is the full interior that Tony Miller at Stitches Custom Upholstery created. In total, the car is 400 pounds heavier than the class minimum.

“It was crazy just how much it hurt lap times,” Tony admits. “I really thought horsepower would overcome the weight.” He cites a buddy who turns faster lap times despite reduced power. “It’s lighter—he was below the 3,200-pound weight minimum whereas I was 3,525.” Furthermore, his friend had the advantage of ballast. “He put the weight where it did the most good.”

Though heavy, his 1979 Pontiac Firebird performed beyond expectations. “I can’t remember how we placed in the first race (in Las Vegas), but in the last race, I finished in the top-five.” The race between those will go down in infamy; at the Fontana meet, an aggressive speed bump bent an exhaust outlet upward, directing hot gases at the urethane bumper which ultimately caught fire. “By the time I noticed it, I’d done two laps,” he says, laughing. “I walked away pretty cool about it, but the photos quickly became memes.” He had the car not just track-ready but repainted within 14 days.

Tony once again found himself in a similar predicament as he encountered with his pickup: he learned a bunch more that he couldn’t address without basically starting from scratch. “If I could’ve thrown carbon doors at it, I think I could’ve consistently been in the top three with it,” he speculates. “But at $2,500 to $3,000 a door, it just wasn’t worth it.”

Obviously, the story about this car didn’t start with this car, and it doesn’t end with it, either. Tony recently bought a third-gen Camaro. “It’s crazy how much lighter it is,” he marvels. With LS power but otherwise stock with a full interior and half a tank of gas it weighs 3,030 pounds, well below the 3,200-pound threshold giving him plenty of ballast potential. And with a Lingenfelter LS7, a sequential Tremec, Heidt’s front clip and IRS, plus Tony’s creative gumption, it can’t help but run hard.

“When I built this car I looked at things differently,” Tony says. “I thought, ‘Well this is what the rules say’, but there’s a gray area – a huge gray area. A lot of the guys I run with, have been doing this for four or five years. They’re really good at that gray area.”

The post Building this 1979 Pontiac Firebird was a Form of Therapy for a Veteran appeared first on MotorTrend.

Categories: Property

Impact buys two care homes in Ipswich

Property Week News Feed - Tue, 08/13/2019 - 08:19
Impact Healthcare REIT has bought two care homes in Ipswich, Suffolk, for £12.9m.
Categories: Property

Why the 2020 Ford Mustang Shelby GT350R Costs More Than a GT500

Motortrend News Feed - Tue, 08/13/2019 - 00:38

The 2020 Shelby GT500 is Ford’s most powerful street-legal car ever, making an impressive 760 hp. The GT350R is still a potent player, but it only boasts 526 hp from its V-8. So more power means a higher price tag, right? Well, that’s actually not the case. While the GT500 starts at $73,995, Ford says the 2020 GT350R’s starting price is $535 higher at $74,530. Both prices include a destination fee and gas guzzler tax.

So how can this be? We asked Ford to explain the price difference. “The Shelby GT350R is a very limited-production model, truly the ultimate Mustang for driving purists who want an ever more track-capable car,” said Jiyan Cadiz, Ford’s North American Icon Communications and Media Relations manager, in an email.

As we noted in an earlier story, the two cars have very different missions. Much of their personality differences come down to their engines, which are distinct 5.2-liter V-8s. The GT350 and its R sibling get a lightweight flat-plane-crank V-8 that enables a sky-high redline of 8,200 rpm, making it an ideal track weapon. Meanwhile, the GT500’s supercharged cross-plane V-8 is an expert at providing low-end torque. Cadiz puts it this way: “Shelby GT500 is more about being the pinnacle of Mustang performance and technology for the customer who wants it all. Similar to the jump from GT350 to GT350R, the Carbon Fiber Track Pack makes GT500 even more track-capable.”

Yes, it’s easy to forget the GT350R boasts standard carbon-fiber goodies. The GT350R features 19-inch carbon-fiber wheels, a rear seat delete, and a big carbon-fiber rear wing as standard. On the GT500, a Carbon Fiber Track Package is an $18,500 option, providing 20-inch carbon-fiber wheels, an adjustable carbon-fiber wing, and rear seat delete.

The GT350R is paired exclusively to a six-speed manual transmission. The GT500, on the other hand, mates to a seven-speed dual-clutch transmission; sadly, there’s no manual.

Source: Ford

The post Why the 2020 Ford Mustang Shelby GT350R Costs More Than a GT500 appeared first on MotorTrend.

Categories: Property