Property

BMW, Mini, and Rolls-Royce cars recalled to replace faulty seat belts

The Car Connection News Feed - Tue, 05/21/2019 - 18:00
BMW, Mini, and Rolls-Royce will recall about 15,500 cars to fix faulty rear seat belts that may not retract correctly, according to documents released by the NHTSA last week. All three automakers are owned by the BMW Group. In total, the recall covers five models: the 2016 BMW 5-Series, 2016-2017 BMW X1, 2016-2017 Mini Cooper and Cooper S, and the...
Categories: Property

Nearly 200K Chrysler Pacifica minivans recalled over power steering loss risk

The Car Connection News Feed - Tue, 05/21/2019 - 15:35
Fiat Chrysler Automobiles said on Friday that it will recall almost 200,000 2017 through 2019 Chrysler Pacifica minivans to remedy an electrical wiring fault that may affect the vehicles' power steering system. A loss of electric power steering assist may occur if a wiring harness and an electrical contact point were contaminated with sealer...
Categories: Property

Window stickers explained, 2020 Porsche Cayenne Coupe driven, Electric car adoption in Norway: What's New @ The Car Connection

The Car Connection News Feed - Tue, 05/21/2019 - 15:30
What's a Monroney window sticker for, and what does it do? What is the one thing you’ll find on every showroom floor aside from four wheels and the fear of a bum deal? The window sticker. Mercedes-Benz to scale back models, options in US After years of adding new nameplates to its portfolio, Mercedes-Benz is ready to prune some vehicles from...
Categories: Property

Crest Nicholson appoints new COO

Property Week News Feed - Tue, 05/21/2019 - 15:02
Crest Nicholson’s board has appointed Tom Nicholson as chief operating officer.
Categories: Property

Leicester Square leasehold hits the market

Property Week News Feed - Tue, 05/21/2019 - 14:43
MOD Pizza is marketing the leasehold interest of its restaurant at 17-18 Irving Street next to Leicester Square.
Categories: Property

Havering Council forms review panel for developers

Property Week News Feed - Tue, 05/21/2019 - 14:24
Havering Council has created a review panel for major development projects which will scrutinise planning applications for a fee before they are submitted to the planning committee.
Categories: Property

The $20,370 2019 Honda Civic LX is the best $20,000* new car you can buy

The Car Connection News Feed - Tue, 05/21/2019 - 14:00
The rule in our household is simple: New cars cost less than $20,000. Nevermind that the average new-car transaction price tops $37,000 now, made easy by 72-month financing. We’re cheapskates who hate debt. Twenty grand’s the limit. If we were to buy a new car today, the choices for $20,000 that score well across The Car...
Categories: Property

Valor buys London warehouse at 3.5% yield

Property Week News Feed - Tue, 05/21/2019 - 13:47
Valor Real Estate Partners has bought a Booker-let warehouse in Acton, west London, from Schroder REIT (SREIT) for £18.9m, and a net initial yield of 3.5%.
Categories: Property

Mercedes-Benz to scale back models, options in US

The Car Connection News Feed - Tue, 05/21/2019 - 13:00
After years of adding new nameplates to its portfolio, Mercedes-Benz is ready to prune some vehicles from its lineup. The German luxury brand will reportedly cull some models, variants, and options from its U.S. portfolio, Automotive News (subscription required) reported on Sunday. The brand delivered the news at a May 8 dealer meeting in Las...
Categories: Property

​ Three dessert brands sign in Chinatown

Property Week News Feed - Tue, 05/21/2019 - 12:44
Shaftesbury has signed three new dessert brands to its Chinatown estate in London.
Categories: Property

C&W hires Asda director as head of retail

Property Week News Feed - Tue, 05/21/2019 - 12:21
Cushman & Wakefield has appointed Asda retail strategist Paul Durkin as head of UK retail.
Categories: Property

CFO steps down at Hammerson

Property Week News Feed - Tue, 05/21/2019 - 11:43
Hammerson’s chief financial offer (CFO) Timon Drakesmith is to step down from the retail property group after eight years in the role.
Categories: Property

OakNorth provides loan for Aldgate resi scheme

Property Week News Feed - Tue, 05/21/2019 - 10:47
OakNorth has provided a £16.5m property development finance facility to private investment office WMG for the development of a new residential-led mixed-use 17-storey building in Aldgate, London.
Categories: Property

Trophaeum buys in Rome’s Piazza di Spagna

Property Week News Feed - Tue, 05/21/2019 - 10:46
Trophaeum has acquired a super prime retail asset on Piazza di Spagna in Rome for an undisclosed sum.
Categories: Property

Aberdeen Standard sells Scottish retail park

Property Week News Feed - Tue, 05/21/2019 - 10:40
Corum Asset Management has acquired East Kilbride Retail Park from Aberdeen Standard Investments for £12.25m.
Categories: Property

Warehouse REIT benefits from Brexit stockpiling

Property Week News Feed - Tue, 05/21/2019 - 09:01
Warehouse REIT, the AIM-listed warehouse investor, has posted a sharp rise in revenue and profit in its full-year results, benefitting from Brexit stockpiling and growth in online retail tenants.
Categories: Property

Schroder REIT posts flat NAV

Property Week News Feed - Tue, 05/21/2019 - 08:50
Net asset value (NAV) at Schroder Real Estate Investment Trust nudged up 0.7% in the year to the end of March.
Categories: Property

Profit rises 10% at Watkin Jones

Property Week News Feed - Tue, 05/21/2019 - 08:40
Watkin Jones has posted a 10% rise in profit for the first half of the year off the back of a small rise in revenue.
Categories: Property

Shaftesbury rides out Brexit and retail storms

Property Week News Feed - Tue, 05/21/2019 - 08:25
West End property group Shaftesbury defied the downturn in the fortunes of the high street by posting a small rise in net asset value (NAV) for the first six months of the year.
Categories: Property

Assura posts solid full-year figures

Property Week News Feed - Tue, 05/21/2019 - 07:53
Net asset value (NAV) at healthcare group Assura nudged up 1.7% during the year to the end of March, as pre-tax profit rose 17% to £84m.
Categories: Property

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