SEGRO secures Clayton as non-exec director

Property Week News Feed - Thu, 05/17/2018 - 08:18
SEGRO has appointed CBRE executive director Sue Clayton in a non-executive role with effect from June.
Categories: Property

Inspired plans to build £20m micro-flat scheme in Zone 2

Property Week News Feed - Thu, 05/17/2018 - 06:52
Inspired Asset Management has made its first acquisition inside London’s Zone 2, in south-west London, and plans to build a £20m micro-apartment residential scheme there.
Categories: Property

TrustedLand names first 10 approved developers

Property Week News Feed - Thu, 05/17/2018 - 06:41
Proptech firm TrustedLand, which introduces exclusive off-market residential land opportunities to SME buyers and investors, has approved the first developers to have access to the platform.
Categories: Property

Hogg Robinson prepares for landing at aerospace park

Property Week News Feed - Thu, 05/17/2018 - 06:39
Travel firm in talks to take 40,000 sq ft of newly refurbished office space at Farnborough Aerospace Centre.
Categories: Property

Von Fincks snap up £56m Mayfair asset

Property Week News Feed - Thu, 05/17/2018 - 06:36
German family increases London property holdings with retail and office block.
Categories: Property

LiveWork gets funding for co-living schemes

Property Week News Feed - Thu, 05/17/2018 - 06:27
The co-living provider will use the funding to acquire land and build new schemes.
Categories: Property

Hackathon team brings Harmony to private landlords

Property Week News Feed - Thu, 05/17/2018 - 06:17
One of the teams that competed in the hackathon at Property Week’s RESI conference last year has launched a new property management app.
Categories: Property

Martin’s signs tenants for King’s Road units

Property Week News Feed - Thu, 05/17/2018 - 06:07
Martin’s Properties has signed three tenants on the King’s Road in Chelsea.
Categories: Property

2018 Ford Mustang GT Performance Pack 2 Review: The 3-Second Tire/Shock Combo

Motortrend News Feed - Thu, 05/17/2018 - 05:01

3.3 seconds.

When we paired this dynamic pony-car duo earlier this year, the performance gap between the newly refreshed 2018 Ford Mustang with Performance Package and the Camaro SS with 1LE Track Package (a fourth-place finisher in our 2016 Best Driver’s Car competition) was 3.3 seconds on our local Streets of Willow Springs handling circuit. The more powerful Mustang’s best lap was an impressive 1:23.97, but the torquier Camaro’s superior chassis delivered a blistering 1:20.67 lap, ranking it the sixth quickest production car on that circuit. As we noted, that yawning performance gap means these two cars probably wouldn’t be allowed to compete in the same class.

Not to worry. As that stinging defeat was announced, team Mustang was finalizing its next volley in this 50-years-long pony-car war: a chassis and aero package it simply calls Performance Pack 2, which is available only on fastback manual-transmission GTs (see graphic comparing GT, Perf Pack 1, and Perf Pack 2 equipment). As we outlined in an October First Look, this package was developed as a skunkworks passion project, developed by devoted Mustang team members who knew that the Perf Pack 1 wasn’t fully exploiting the 2018 GT’s ultimate performance potential. The twin keystones to unlocking this potential: a set of four 305/30ZR19 Michelin Pilot Sport Cup 2 tires exactly like those on the front of the GT350R, and an exacting retune of the Perf Pack 1’s MagneRide shocks to keep those fat, near-racing-slick tires pressed to the ground.

The Tires

These barely DOT-legal semi-slicks feature two tread compounds, both of which are optimized for grip. The second one is located under the first, and it’s designed to compensate for the difference in structural grip that occurs as the sculpted features of the top tread disappear, so that the tire’s performance remains consistent throughout its (brief, 6/32-inch) tread life. These tires are lousy in the rain when new, becoming increasingly dangerous in the wet as their three tiny grooves disappear. By contrast, the Perf Pack 1’s full-tread-depth Pilot Sport 4S tires feature three different compounds across five bands on the tire, a few of which are at least slightly concerned about wet traction and tire life (note that 4S does not stand for 4-Season).

The Shocks

All 2018 Mustangs have monotube rear shocks, but only the MagneRide cars get inverted monotube front struts, as well. This more rigid design is enough stiffer under lateral cornering to require more robust wheel bearings. This in turn required unique knuckles, which permitted a relocation of the tie-rod mounts that reduces bump steer. All Mustangs with MagneRide enjoy these benefits. MagneRide’s ultra-fast reaction time (sensing happens every millisecond; damping-rate changes typically take between 2 and 10 milliseconds) helps keep these wider and heavier front wheels and tires pressed to the ground. Another key difference in the MagneRide tuning for Perf Pack 2 is its greater control of transient roll. By monitoring four wheel-to-body sensors and the body’s pitch and roll rates, the system predicts demand for lateral stiffness and tailors damping to minimize roll and smooth transitions during countersteering to prevent violent tank slappers. Vertical body motions are better controlled in Perf Pack 2, and Sport+ tuning serves as a useful rough-track damper setting.

The Drive

Ford invited us to Monticello Motor Club, conveniently located about 90 minutes from New York City, to sample Perf Pack 2. Sadly, the one-day event coincided with a nasty weather pattern that felled thousands of trees in the area the night before our drive, many of which still littered our 12-mile winding public-road route. A generator provided electricity for our base camp at the track, and the rain held off just long enough for each journalist to get one session on the road course—two hot laps bracketed by recon and cool-down laps. Given this limited exposure, here’s what we can say with reasonable certainty: The on-road ride in the Normal damper setting is slightly more civilized than that of a GT350, which is to say, it’s way more comfortable than one might expect from a car with this one’s extreme performance envelope. The front steamrollers tramline along worn pavement grooves a little, but far less than expected. On the track, the steering feel is superb, with absolutely linear chassis response, negligible body roll, and a reasonable sense of road-surface grip coming up through the wheel rim. This is thanks in part to Ford’s wise decision not to fit a variable-ratio steering rack. The car feels plenty nimble without it, and the feel is so much more natural. It also seems safe to say that the disconnectedness Lieberman and Bovington noted between the Perf Pack 1 GT’s front and rear suspension tuning has been exorcised along with that car’s tendency to “roll over on itself.” Beyond that, I’d love to tell you how grip levels ramped up as the new front splitter and rear spoiler pressed the car to the ground while exiting high-speed corners, but two warm-plus laps on an unfamiliar track with a few damp corners mean we’ll have to save the definitive declarations for a better day on one of our favorite California desert tracks.

Handicapping the Next Pony War Winner

So what’s the over-under on this Perf Pack 2 vanquishing the SS 1LE in the next pony war grudge match? My money is on the Mustang coming close but not quite cleaning up, and there’s no shame in this. In the last battle, we reported that the Perf Pack 1 car beat the Camaro in “cowboy science” categories: things like engine-note wonderfulness and the ability to win drag races longer than a quarter mile. This car clearly builds on all of that. But when I asked the team how much quicker the Perf Pack 2 was relative to the 1 around Streets of Willow Springs (they’ve tested the car at lots of tracks), the answer was “Between 2.5 and 3.0 seconds”—0.3 off the pace. Plus there’s this: Close that gap the rest of the way, and the $44,590 GT really starts to threaten the $58,140 GT350’s place in the pecking order. Can’t have that.

The post 2018 Ford Mustang GT Performance Pack 2 Review: The 3-Second Tire/Shock Combo appeared first on Motor Trend.

Categories: Property

Spied! Porsche 911 Speedster Mule Sports GT3 Goodies

Motortrend News Feed - Wed, 05/16/2018 - 23:30

Porsche is getting ready to wind down the 991 generation to make way for the upcoming 992. To celebrate, the German automaker plans to bring back the highly sought after Speedster model as a limited edition. Speedster variants have historically had low production runs and higher levels of equipment, and the 991 Speedster looks like it will be no different. The prototype shown here appears to have taken its bumpers and wheels straight off the 911 GT3.

It’s difficult to tell in these photos, but the convertible top is camouflaged toward the rear, with pieces of fabric awkwardly overlapping by the rear window and tucking into the door frames. Under the soft-top, there’s probably a hard tonneau cover with molded headrest fairings that are characteristic of the Speedster model. Interestingly, it looks like this prototype wears the 911 GT3’s front and rear bumpers, as well as its center-lock wheels.

In a couple of photos, you can see a GT3 testing alongside the prototype. We’d like to think that means the Speedster will get a version of the GT3’s 500-hp naturally aspirated 4.0-liter flat-six. However, the 997-generation 911 Speedster used the same drivetrain as the Carrera GTS of the day, so it’s also possible Porsche will give the 991 version the 450-hp twin-turbo 3.0-liter flat-six from the current GTS.

Our shooter tells us Porsche will reveal the 911 Speedster at the Goodwood Festival of Speed in July. It will reportedly be limited to just 1,948 units to coincide with Porsche’s 70th anniversary. If that’s true, the 991 Speedster would have the second largest production run of the four 911 Speedster models—just behind the 2,104 examples of the first iteration in 1989. The 997 Speedster was limited to 356 units (a nod to the original 356 Speedster) while 934 copies were made of the 964 Speedster.

We should learn more as we get closer to the 911 Speedster’s debut this summer. In the meantime, enjoy these spy shots.

Photo source: CarPix

The post Spied! Porsche 911 Speedster Mule Sports GT3 Goodies appeared first on Motor Trend.

Categories: Property

Hyundai Reportedly Developing a Sport-Tuned Kona N SUV

Motortrend News Feed - Wed, 05/16/2018 - 20:00

Based on our first drive of the Hyundai i30 N, the upcoming Veloster N will be an absolute blast. Considering the former head of BMW’s M division was in charge of development, we have a feeling it will be much more fun to drive than the spec sheet would suggest. But once the Veloster N goes on sale, what’s next for Hyundai’s performance sub-brand? Apparently, a high-performance subcompact crossover.

According to Auto Express, the N division is developing a sportier version of the Kona. Hyundai reportedly has yet to officially sign off on the Kona N, but if that happens, expect it to use the Veloster and i30 N’s 2.0-liter four-cylinder turbo. In this case, though, it may be detuned to produce about 245 hp.

The 2019 Hyundai Veloster N’s engine

“I’ve told [the engineers] to build the car, and we’ll see what happens with getting it approved,” N boss Albert Biermann told Auto Express. “It has to be the i30 N powertrain, really. Of course, we can give Kona different specifications on suspension and steering, although there are some common components we can use in that area as well, because it’ll be front-wheel drive like the i30 N. But we already know that it has to be that car’s engine and gearbox for the Kona N, yes.”

And while the idea of Hyundai launching a sporty sub-brand may sound as odd as it launching a separate luxury brand, it sounds like the first N car is already more popular than anticipated. “We’re at over 1,400 back orders in Germany, so supply has been an issue,” Biermann said. “But the reaction has been very positive. We set ourselves a position on performance and handling and it seems that it is a good balance.”

Source: AutoExpress

The post Hyundai Reportedly Developing a Sport-Tuned Kona N SUV appeared first on Motor Trend.

Categories: Property

Valor launches second fund with AIG

Property Week News Feed - Wed, 05/16/2018 - 18:15
Valor Real Estate Partners has launched its second fund with AIG Global Real Estate, Valor Industrial Partners 2 (VIP2), which has £300m purchasing power including leverage.
Categories: Property

L&G forward funds £100m Croydon BTR scheme

Property Week News Feed - Wed, 05/16/2018 - 17:36
HUB and Bridges Fund Management have agreed a £100m forward funding deal with Legal & General to develop a 251-unit build to rent tower in Croydon.
Categories: Property

Barings buys Parisien warehouse

Property Week News Feed - Wed, 05/16/2018 - 17:06
Barings Real Estate has agreed to forward-purchase a 250,000 sq ft, grade-A logistics warehouse in Nanteuil-le-Haudouin, France, on behalf of an institutional investor.
Categories: Property

Keyless ignition, Aston Martin DB11 Volante, Tesla's Autopilot: What's New @ The Car Connection

The Car Connection News Feed - Wed, 05/16/2018 - 15:30
Despite government efforts, keyless ignitions linked to carbon monoxide deaths Keyless ignition systems that use start buttons to let drivers to leave key fobs in their pockets provide a lot of convenience, but a new report sheds light on a failed government effort to prevent users from accidentally leaving their cars on. Slice and dice: 2019...
Categories: Property

2019 Hyundai Veloster price announced: Three doors for $19,385

The Car Connection News Feed - Wed, 05/16/2018 - 15:29
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. All versions of the Veloster now include automatic emergency braking, an...
Categories: Property

Be At One plans to double portfolio after securing Essex debut

Property Week News Feed - Wed, 05/16/2018 - 14:29
Cocktail bar-restaurant operator Be At One has announced ambitious plans to double the size of its portfolio in the UK having secured a first site in Essex.
Categories: Property

PM pledges £400m to replace high-rise cladding

Property Week News Feed - Wed, 05/16/2018 - 14:12
Prime Minister Theresa May has outlined plans to cover £400m of costs for councils and housing associations to replace potentially dangerous cladding from high-rise blocks in the wake of the Grenfell tower disaster.
Categories: Property

MIT's new self-driving car navigates without road markings

The Car Connection News Feed - Wed, 05/16/2018 - 14:05
Researchers at MIT have built a self-driving car that doesn’t rely on the intense amount of technology needed to make self-driving cars work in urban environments. Instead, the car is meant for use on rural roads. MIT calls the technology Maplite. The new technology works by combining GPS data with Lidar and Inertial Measurement Unit (IMU)...
Categories: Property

Kiko and Bags Etc set for swathes of store closures

Property Week News Feed - Wed, 05/16/2018 - 13:51
Retailers Bags Etc and Kiko have both announced significant store closures with the luggage and hangbag retailer falling into liquidation and the Italian cosmetics brand looking to reduce its store count after poor sales.
Categories: Property