Property

Springfield secures green light for new affordable Fife scheme

Property Week News Feed - Thu, 05/17/2018 - 15:59
Scottish housebuilder Springfield Properties has unveiled plans to create a 140-home scheme in Ballingry near Fife, within which all the houses will be affordable.
Categories: Property

Proposal to roll back fuel economy standards could reach White House next week

The Car Connection News Feed - Thu, 05/17/2018 - 15:38
The U.S. Department of Transportation could make its proposal to soften new car fuel economy standards public by the end of the month, two officials briefed on the matter said Tuesday. The Transportation Department's proposal, which Reuters says could reach President Donald Trump's desk next week, is said to shelve Obama-era standards and freeze...
Categories: Property

2019 Hyundai Veloster priced, Ford Mustang GT Performance Package Level 2, Volvo drops diesel: What's New @ The Car Connection

The Car Connection News Feed - Thu, 05/17/2018 - 15:30
2019 Hyundai Veloster price announced: Three doors for $19,385 The redesigned three-door (or is it four?) 2019 Hyundai Veloster costs $19,385 and will go on sale this summer, the automaker said Tuesday. That price represents a $400 hike over the 2017 model, but it nets buyers more power, updated safety features, and a new design. 2018 Volkswagen...
Categories: Property

BPF announces Tomorrow’s Leaders Awards winners

Property Week News Feed - Thu, 05/17/2018 - 15:00
The British Property Federation (BPF) has revealed the winners of its Tomorrow’s Leaders Awards 2018, at the annual BPF President’s Lunch.
Categories: Property

Malaysian funds agree heads of terms to acquire phase two of Battersea Power Station

Property Week News Feed - Thu, 05/17/2018 - 14:01
Two Malaysian state-backed funds have agreed heads of terms to acquire phase two of Battersea Power Station in a deal that values the development at an estimated £1.6bn.
Categories: Property

McCarthy & Stone makes Nagwaney non-exec director

Property Week News Feed - Thu, 05/17/2018 - 13:50
Retirement housebuilder McCarthy & Stone has appointed a managing director of its largest shareholder, Arun Nagwaney, as a non-executive director.
Categories: Property

Green light for Moda at New York Square in Leeds

Property Week News Feed - Thu, 05/17/2018 - 13:14
PRS developer Moda has pledged to bring “New York style renting to Leeds” having received planning permission to deliver the first phase of Caddick Development’s flagship £300m SOYO mixed-use scheme.
Categories: Property

Hackitt’s Grenfell review doesn't call for cladding ban - property reacts

Property Week News Feed - Thu, 05/17/2018 - 12:49
The final report of the government-commissioned Hackitt review into the Grenfell fire tragedy has urged a “radical rethink” of the safety system, but does not push for a ban on flammable cladding.
Categories: Property

Bookmakers warn of shop closures as the government caps FOBT betting

Property Week News Feed - Thu, 05/17/2018 - 12:35
Bookmakers have voiced dismay after the government announced new rules reducing maximum spending on fixed-odds betting terminals (FOBT) from £100 down to £2, saying high street outlets will be forced to close.
Categories: Property

Bookmakers warn of shop closures as the government caps FOTB betting

Property Week News Feed - Thu, 05/17/2018 - 12:35
Bookmakers have voiced dismay after the government announced new rules reducing maximum spending on fixed-odds betting terminals (FOBT) from £100 down to £2, saying high street outlets will be forced to close.
Categories: Property

Mothercare to close 50 stores - property reacts

Property Week News Feed - Thu, 05/17/2018 - 11:50
Maternity and baby product retailer Mothercare has announced plans to close 50 stores in an attempt to turn around its “perilous” financial position.
Categories: Property

Carlyle acquires prime London office for 'Uncommon' brand

Property Week News Feed - Thu, 05/17/2018 - 11:12
Alternative asset manager The Carlyle Group has acquired The Crosspoint building on Liverpool Street from Amsprop for a price believed to be in the region of £43m in an off-market transaction.
Categories: Property

2018 Volkswagen Atlas: A third row worth fighting over

The Car Connection News Feed - Thu, 05/17/2018 - 10:00
As we hammered out plans for my buddy Doug’s bachelor party––cigars, trap shooting, the usual Minnesota stuff––my main contribution became clear: to procure a massive vehicle to haul a crew of full-grown men who would absolutely act like teenagers. It seemed like the perfect opportunity to sample the 2018 Ford...
Categories: Property

Patrizia begins 2018 in strong position

Property Week News Feed - Thu, 05/17/2018 - 09:09
Operating income at Patrizia more than quadrupled in the first quarter of 2018, from €9.3m (£8.1m) to €42.7m.
Categories: Property

Countryside whacks up dividend as cash rolls in

Property Week News Feed - Thu, 05/17/2018 - 09:06
Housesbuilder Countryside Properties has exceeded its own expectations for the first half of its financial year, ending the period in a stronger cash position than it forecast.
Categories: Property

2018 Toyota Corolla XSE First Test: Xtremely Slow Edition

Motortrend News Feed - Thu, 05/17/2018 - 09:00

The Toyota Corolla isn’t the newest or most exciting car in its class, but it sure is popular. Through April, Toyota sold more than 100,000 Corollas in the U.S. For context, that’s more units than total Mazda3s sold in all of 2017. So even though the current Corolla dates back to the 2014 model year, sales haven’t exactly suffered.  

The Corolla is a commodity car, and, much as we hate to admit it, there’s a strong percentage of Americans who just want A-to-B transport. If you are one of those folks, scroll down nine paragraphs to learn about the Corolla’s features and accoutrements. But if driving matters to you, keep reading straight on. 

Although the 2018 Corolla XSE we recently tested benefits from several updates added since its 2014 redesign, the segment as a whole has changed drastically. Among other things, the popularity of crossovers has eaten into compact car sales, advanced technology and safety features have gone mainstream, and turbocharged engines are no longer reserved for performance models. 

Back in 2014, when the Honda Civic had a 1.8-liter I-4 that made 143 hp and 129 lb-ft of torque, the 1.8-liter Corolla’s 132 hp and 128 lb-ft was considered relatively competitive. And if the modern Civic still needed 9.0 seconds to accelerate from 0 to 60 mph, it wouldn’t be as big a deal for the Corolla to make the same run in 9.9 seconds. Unfortunately for Toyota, Corolla XSE money buys a comparable Civic trim with a 1.5-liter turbo, not just the base Honda 2.0-liter engine (which still outpaces the Toyota). With 174 hp and 162 lb-ft of torque, the turbocharged Civic we tested hit 60 mph in 6.8 seconds.  

In the quarter mile, it’s the same story. The 2014-edition Civic did it in 16.9 seconds at 84.9 mph, ahead of the 2018 Corolla’s 17.5-second run at 80.9 mph. The modern turbo Civic, however, laid down a 15.3-second quarter mile at 93.0 mph. That means the Corolla is no longer just the slower of the two (and slower than even the base 2.0-liter Civic). It’s straight-up slow, and that means a lot on a freeway on-ramp.  

The “transmission did hold gears close to redline,” noted associate road test editor Erick Ayapana, but the Corolla was still “consistently slow no matter what I tried. Brake overlap didn’t help, nor did manual mode.” 

Interestingly, the Corolla’s braking and handling results hold up a little better despite Ayapana’s observation of “lots of noise but not a lot of bite.” Our tester stopped from 60 mph in 131 feet, 4 feet shorter than it needed back in 2013. The Corolla still couldn’t out-brake either generation of Civic, but the new Honda didn’t blow away its predecessor, either. In fact, it performed slightly worse (although a difference of a few feet is hardly significant when cars are tested several years apart). 

In our handling tests, road test editor Chris Walton found the Corolla “pretty dull, as you’d expect.” It averaged 0.81 g around our skidpad and completed the figure eight in 28.4 seconds at 0.59 g. The current Civic, on the other hand, averaged 0.84 g on the skidpad and needed 27.4 seconds to finish the figure eight at 0.64 g. To put that difference in context, the Corolla’s results are more in line with full-size pickups than the rest of the compact car segment. 

“You sure want to avoid early-onset understeer, as you’ll never get rid of it,” Walton warned. “The first lap was the quickest, and it was downhill from there. Obviously the tires are quickly, quickly overheating.” He also noted that “exiting the corners, I still had some noticeable nanny effect sitting on the throttle, slowing me down, but there’s not much you can do about that.”

As critical as he was of the Corolla, Walton did point out that although there’s “not much steering feel, the effort is plausibly realistic.”

Behind the wheel, the Corolla feels even less agile than its unimpressive test results might suggest. There’s simply nothing about the Corolla XSE that encourages enthusiastic driving. Even the aging Ford Focus is more fun.

Now, back to the commodity car items—for those of you who buy a Corolla because it’s affordable, reliable, spacious, and fuel efficient.

The top-of-the-line Corolla XSE costs $23,675, and with the upgraded infotainment system, our tester came out to $24,200. For that price, you get heated synthetic leather seats, a moonroof, keyless entry, and several active safety features such as adaptive cruise control and automatic emergency braking. In fact, those safety features come standard, so even the $19,495 Corolla L has adaptive cruise control. 

The adaptive cruise control system doesn’t work below 25 mph, though, so if you spend much time in traffic, pick one of the Corolla’s competitors instead. And although there is a lane keep assist function, its usefulness is limited. Toyota also doesn’t offer the Corolla with Apple CarPlay or Android Auto, even on high-end models. For younger buyers, that alone might be a deal breaker. Also, the Corolla’s gas mileage no longer stands out in its class; the Civic’s is far better.

In the next year or so, expect Toyota to introduce a completely redesigned model that addresses most of the current car’s shortcomings. We’ve already driven the 2019 Corolla hatchback, which rides on a new platform, gets a more powerful engine, offers more technology, and even includes Apple CarPlay. Based on our initial impressions, the upcoming sedan version should be much more competitive. 

Until the next-gen Corolla gets here, consumers will be much better off buying a different car. Not because the Corolla’s bad. Sure, it’s affordable, and dealers are pricing it to move. But the segment has evolved considerably, and the Corolla sedan needs a full redesign to catch up. If you really want a compact Toyota, either wait for the new model, or consider the Corolla hatch.

2018 Toyota Corolla XSE BASE PRICE $23,675 PRICE AS TESTED $24,200 VEHICLE LAYOUT Front-engine, FWD, 5-pass, 4-door sedan ENGINE 1.8L/132-hp/128-lb-ft DOHC 16-valve I-4 TRANSMISSION Cont variable auto CURB WEIGHT (F/R DIST) 2,928 lb (61/39%) WHEELBASE 106.3 in LENGTH x WIDTH x HEIGHT 183.1 x 69.9 x 57.3 in 0-60 MPH 9.9 sec QUARTER MILE 17.5 sec @ 80.9 mph BRAKING, 60-0 MPH 131 ft LATERAL ACCELERATION 0.81 g (avg) MT FIGURE EIGHT 28.4 sec @ 0.59 g (avg) EPA CITY/HWY/COMB FUEL ECON 28/35/31 mpg ENERGY CONS, CITY/HWY 120/96 kW-hrs/100 miles CO2 EMISSIONS, COMB 0.63 lb/mile

The post 2018 Toyota Corolla XSE First Test: Xtremely Slow Edition appeared first on Motor Trend.

Categories: Property

Toyota Corolla Photos: Track Corolla History in Pictures

Motortrend News Feed - Thu, 05/17/2018 - 09:00

The Corolla has been part of the American automotive landscape for decades. While other automakers have cycled through different names for their compact cars, Toyota held on to the Corolla name. The Corolla hasn’t always been a bestseller, though, and the car cycled through many variants over the years. At different points in its life, the Corolla was offered as a coupe, hatch, and wagon—Toyota even had rear-wheel-drive variants, too.

Before Toyota reveals the next-generation Corolla sedan, take a look at this Corolla history in photos below.

2019 Toyota Corolla Hatchback 2017-2018 Toyota Corolla 2014-2016 Toyota Corolla, 11th Generation 2011-2013 Toyota Corolla, 10th Generation 2009-2010 Toyota Corolla, 10th Generation 2007-2008 Toyota Corolla, 9th Generation 2003-2006 Toyota Corolla, 9th Generation 1998-2002 Toyota Corolla, 8th Generation 1993-1997 Toyota Corolla, 7th Generation 1988-1992 Toyota Corolla, 6th Generation 1984-1987 Toyota Corolla, 5th Generation 1980-1983 Toyota Corolla, 4th Generation 1975-1979 Toyota Corolla, 3rd Generation 1971-1974 Toyota Corolla, 2nd Generation 1969-1970 Toyota Corolla, 1st Generation

The post Toyota Corolla Photos: Track Corolla History in Pictures appeared first on Motor Trend.

Categories: Property

Feature Flashback: 1984 Toyota Corolla SR5

Motortrend News Feed - Thu, 05/17/2018 - 09:00

Toyota is slowly but surely getting its design mojo back. Vanilla is being replaced with thirty-onederful flavors of new and interesting. Even the lowly Corolla is poised to shed the bland skin of the outgoing 11th-generation sedan like the XRS model we just tested this month, in favor of design themes previewed by the new 12th-gen hatchback that goes on sale in July. Back in May of 1984, we road-tested a Corolla SR5 Sport Liftback that calls to mind both the bold design of the new hatchback and the quotidian underpinnings of the outgoing sedan. Let’s let then executive editor Kevin Smith walk us through this fourth-gen (AE71) Corolla SR5.

Supra Outside, Econobox Inside

A mid-cycle refresh brought such stylish flourishes as hidden headlights to the rear-drive Corolla SR5 coupe and SR5 Sport liftback models. These were designed to remind onlookers of the SR5’s flashier and higher performing big brother: “This is a car built with econobox hardware, but packaged in the style of higher-line image cars. It looks sleek and middling-flashy, but performs with budget-minded restraint. It costs just $8,000, but packs much of the Supra’s visual flair. It is, in fact, very much a baby Supra—no buts about it.”

Fancy Furnishings

“In its interior trimmings, the Corolla Sport again belies its economy car foundation. The Sport package (it’s an option group, distinct from the Sport model name) includes a pair of seats that look fabulous—modernistic head restraints, snug and (on the driver’s side) adjustable upper body bolsters, and clean upholstery materials in boldly contrasting colors, which carry on throughout the cockpit. Unfortunately, they are perhaps a bit longer on cosmetic appeal than they are on comfort, though these seats and our own came to happier agreement as we built up time in the car. For content, layout, and aesthetics, the Corolla Sport interior gives its big brother Supra a pretty good run. Of course, the Supra has the horsepower to pull all its hardware around, whereas the Corolla Sport feels the load.”

Abundant Choice

By 1984 the Corolla had become the “largest, best-selling single line of cars in the world,” and it did so the Burger King way, by letting you “have it your way.” “Toyota’s 1984 Corolla family must set some record for diversity. Not only are there two-door and four-door body styles—each available with notchback and hatchback roominess—but there is even a choice of drivetrain layout. The ‘family’ Corolla, the upright four-door with a genuine back seat, uses a transverse front-engine, front-drive arrangement for best use of space. The Sport is a slippery looking two-door coupe employing the same engine mounted lengthwise, powering the rear wheels.”

Why RWD?

“Company literature cites balance, response, and handling as the reasons for staying with rear drive. There are likely also some cost advantages, especially considering that nearly two decades of stern-drive Corollas have preceded the current Sport. To be convinced of rear-wheel drive’s superior overall performance dynamics, all you have to do is list all the serious road racing cars (not production-based) whose designers chose front drive.”

Son-of-Supra Handling

“Toss the Sport around a tight arc and lay on the throttle (in a low gear… with lots of revs… and maybe a little water across the road), and the tail will sweep out manageably. Clap the throttle closed entering a slow downhill bend, and engine braking will have a similar effect. We’re not talking white-knuckle, adrenalin-pumping, see-your-whole-life oversteer here; it’s just a pleasantly playful balance that can enliven your drive home from work, if the terrain is right. It’s a refreshing change from the choice of cornering postures offered by the typical FWD econobox, i.e., lots of front-end push or lots and lots of front-end push.”

Vintage Iron

A GT-S model powered by a DOHC 16-valve engine would join the Corolla lineup for 1985, but in 1984 we made do with an A-series iron-block/aluminum-head SOHC engine design dating to the ’70s. “Power for the Sport comes from the 4A-C four-cylinder engine. It is unchanged from last year, and unremarkable in its specifications: 1,587cc, a 2-bbl carburetor, and 70 hp at 4,800 rpm. Torque also peaks at moderate revs (2,800), all of which is fortunate considering this engine’s vibration levels at higher rpm. Accelerating gently in first, the vibes and noise demand an upshift by 4,000 rpm. Under load, it’s smoother, and is no trouble at all in a fifth-gear cruise; the Sport putters along at 75 quite contentedly. You’ll find nothing daring or pioneering under the Corolla hood—no fuel injection, auxiliary intake valves, or twin spark plugs. The cylinder head isn’t even a cross-flow type.”

Hefty

“At over 2,200 pounds, the SR5 Liftback weighs some 100 pounds more than its front-drive four-door sibling, which makes no pretensions to performance at all. Since their engines are identical, the sleek-looking Sport is actually a tad slower than the boxy sedan. Embarrassing? Maybe a little, as when Volkswagen’s sexy Karmann Ghia came out heavier and slower than the homely Bug.”

Adequate Acceleration

“Giving all it can from a standing start, the humble little motor needs almost 13 sec to muster 60 mph, and that’s with our test car’s five-speed manual transmission (an automatic is also listed in the brochure, which, as far as we’re concerned, is probably where it should stay). So performance—while adequate for dueling with normal traffic—will not win many devoted fans on its own.”

Eco Is as Eco Does

“A fuel economy rating of 32 mpg in the EPA’s city cycle will appeal more strongly to the Corolla audience. We averaged 28.2 mpg in our heavy-footed testing, and consumption on this order combines with a fair asking price ($7,778 to start, well under $10,000 loaded) to make ownership realistically affordable. Which is the whole point of an economy car, right? Except it doesn’t look like any econobox you’ve seen before. The Corolla Sport is sleek beyond its means, with gently rounded contours, a droop-snoot and sloping roofline, aero-bits all over, and even—bless my budget!—retractable headlights.”

A Matter of Perspective

Smith concluded that the quirky, fast-looking, slow-driving SR5 topped a class of one, and that appreciating its merits was simply a matter of perspective. “Until something else comes along to flesh out this category, the Corolla SR5 Sport will remain a one-of-a-kind, an economical little runabout that skipped the front-drive bandwagon, taking a stunning new body instead. It’s a likable combination—affordable, handsome, and pleasant to drive. The Corolla Sport is not sadly slow for a sporty car; it’s appealingly racy-looking for an economy car.”

Read more Feature Flashback stories here:

The post Feature Flashback: 1984 Toyota Corolla SR5 appeared first on Motor Trend.

Categories: Property

Foxtons continues downward trend

Property Week News Feed - Thu, 05/17/2018 - 08:46
London estate agent Foxtons has issued another downbeat trading update, citing a “very challenging” market as the reason for sales falling in the first quarter of 2018.
Categories: Property

British Land posts steady annual figures

Property Week News Feed - Thu, 05/17/2018 - 08:21
British Land produced a 5.7% rise in net asset value (NAV) for the year to the end of March, but underlying profit dipped 2.6% following £1.5bn in sales of income producing assets.
Categories: Property

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