Property

Morgan Stanley issues £367.5m CMBS on CityPoint tower

Property Week News Feed - Tue, 12/11/2018 - 13:04
Morgan Stanley has launched a securitisation of the £367.5m loan on London’s CityPoint tower.
Categories: Property

2019 Ram 1500

The Car Connection News Feed - Tue, 12/11/2018 - 12:56
The 2019 Ram 1500 pickup truck wants to be more than just a trusted hauler. With its roomy, refined interior and its choice of engine options, the 2019 Ram is the most livable full-size pickup on the market today. We rate it 5.8 out of 10 overall, with some caveats. For one, we haven’t driven the new mild-hybrid V-6 and V-8 engines. For...
Categories: Property

2019 Ram ProMaster City

The Car Connection News Feed - Tue, 12/11/2018 - 12:55
The 2019 Ram ProMaster City doesn’t have time for our clever analysis—there’s work to do. Normally, it’s a small cargo van (sometimes a small passenger van) destined for a rough-and-tumble life wherever it goes. With seats up front and a box in back, it wasn’t built to shine on our scale that prefers passenger cars...
Categories: Property

2019 Ram ProMaster

The Car Connection News Feed - Tue, 12/11/2018 - 12:55
The 2019 Ram ProMaster pares its available engine lineup down to one this year: a gas-powered V-6 that’s used throughout the Fiat Chrysler Automobiles family. Less isn’t more here. The Ram ProMaster rates 3.0 on our overall scale because it was never going to do well. It’s not built like passenger cars, our rating scale was...
Categories: Property

2019 Dodge Durango

The Car Connection News Feed - Tue, 12/11/2018 - 12:55
The 2019 Dodge Durango is a three-row crossover SUV that turns its nose up at minivans. With available V-8 power—and lots of it—the 2019 Durango eschews curvy crossover style in favor of Detroit machismo. Though it’s starting to show its age, the Durango has its virtues. We rate it 5.7 out of 10. (Read more about how we rate...
Categories: Property

Lyft recognizes its most popular destinations in major cities

The Car Connection News Feed - Tue, 12/11/2018 - 12:50
Ride-share giant Lyft is keeping track of where its customers go. On Monday, it released a list of the most popular destinations in some of America's biggest cities. Called the "Lyftie" awards, the ride-share company delved into its data to find the most visited bar, gym, concert venue, brunch spot, late-night restaurant, late-night neighborhood...
Categories: Property

British Land to buy City building near Broadgate estate for £37.5m

Property Week News Feed - Tue, 12/11/2018 - 12:50
British Land is poised to buy a mixed-use building close to its Broadgate estate for around £37.5m, as it continues to grow its development pipeline.
Categories: Property

Barings buys Paco Portfolio in France

Property Week News Feed - Tue, 12/11/2018 - 12:21
Barings Real Estate has increased the size of its French assets under management to more than €200m with the acquisition of a 968,750 sq ft logistics warehouse portfolio.
Categories: Property

City corporation sells London Wall office

Property Week News Feed - Tue, 12/11/2018 - 11:55
The City of London Corporation has sold the 150-year leasehold at 1-5 London Wall Buildings for £97.1m to a joint venture between Angelo Gordon and Endurance Land.
Categories: Property

City of London sells 150-year leasehold to JV

Property Week News Feed - Tue, 12/11/2018 - 11:55
The City of London Corporation has sold the 150-year leasehold at 1-5 London Wall Buildings to a joint venture between Angelo Gordon and Endurance Land.
Categories: Property

Savills IM buys 125 Shaftesbury Avenue as it prepares fund launch next year

Property Week News Feed - Tue, 12/11/2018 - 11:41
Savills Investment Management completed the purchase of 125 Shaftesbury Avenue for £267m from Almacantar as it is set to launch a new fund on behalf of Korean institutional investors next year.
Categories: Property

Irwin Mitchell takes on Tym to boost real estate team

Property Week News Feed - Tue, 12/11/2018 - 11:32
Irwin Mitchell has appointed a new senior associate for its national real estate department.
Categories: Property

Elephant and Castle redevelopment gets City Hall sign off

Property Week News Feed - Tue, 12/11/2018 - 11:06
Delancey and APG’s Elephant and Castle shopping centre redevelopment plans have been rubberstamped by City Hall.
Categories: Property

Carpetright continues store closures as losses deepen

Property Week News Feed - Tue, 12/11/2018 - 11:01
Struggling retailer Carpetright has reported a loss before tax of £11.7m for the first half of the year as it continues its ongoing store closure programme.
Categories: Property

2019 Volvo S90

The Car Connection News Feed - Tue, 12/11/2018 - 11:00
The 2019 Volvo S90 is a mid-size luxury sedan seemingly without pretense. Its dynamite shape is complemented by an interior that’s spa-chic and technology that’s impressive, but not in your face. This year, the S90 adds an Excellence trim level that may tempt six figures but even it’s not gaudy. The 2019 Volvo S90 earns a 7.2 on...
Categories: Property

Retail capital values fall by 5.3% this year

Property Week News Feed - Tue, 12/11/2018 - 10:41
Retail sector capital value fell 1.9% in November, taking the sector’s overall decline so far this year to 5.3%, according to CBRE.
Categories: Property

Retail capital values fall over November

Property Week News Feed - Tue, 12/11/2018 - 10:41
Retail sector capital value fell 1.9% in November, taking the sector’s overall decline this year to 5.3%, according to CBRE.
Categories: Property

2019 Subaru Ascent Long-Term Arrival: New Ground for Subaru

Motortrend News Feed - Tue, 12/11/2018 - 09:00

I was the first journalist to drive the Subaru Ascent midsize SUV prior to the unveiling at the 2017 Los Angeles auto show. Subaru had a heavily camouflaged Ascent in Ann Arbor, Michigan, and engineers flew in from Japan for the day to talk about the largest and most expensive Subaru to date and get impressions after taking it out on the road.

For that first prototype drive, the exterior was covered in camo and the interior draped in cloth with holes cut out around the starter button, gearshift, and other key stalks and knobs. With little to look at, full concentration was on the ride.

Cruising local roads showed off the new global platform that underpins most of the Subaru lineup. First impression was the appetite the four-wheel independent suspension had for eating up the imperfections of Michigan roads and the low center of gravity that made it feel planted with little body roll on the curves.

Since then the Ascent has been shown to the world and competed in MotorTrend’s SUV of the Year, and a Limited trim model in Cinnamon Brown Pearl with a cream and black interior has arrived at the MotorTrend garage in Detroit, where it will spend the next year.

Subaru has loyal customers, but in the past they had to leave the brand to find a three-row crossover, which is what prompted engineers to create the Ascent. The Ascent is an eight-passenger vehicle when the second row is a bench seat, but our model is the seven-passenger version with two captain’s chairs in the second row.  My dog-owning Detroit colleague Frank Markus notes Snickers prefers a bench seat. We’ll let you know how well Snickers adapts.

In the year ahead, we want to see how capable this family vehicle really is and assess the usefulness of its space. We want to see if the addition to the Subaru family lives up to the brand’s reputation for safety, reliability, and no-nonsense functionality.

Timing is perfect: The Ascent has Subaru’s standard Symmetrical All-Wheel Drive, torque vectoring, and X-Mode to reduce wheel slip—and we offer a Michigan winter that promises cold, snow, and ice.

Also standard is Subaru’s EyeSight driver-assist system, a safety buffet that uses dual cameras to apply emergency braking from 7 to 100 mph and provides lane departure warning, adaptive cruise control with lane keep assist to steer you back on track, a reverse automatic braking system, and blind-spot detection with rear cross-traffic alert.

The rearview camera helps with backing up and will be handy when we trailer—we made sure our Subie came with a $499 trailer hitch, which will be put to good use in the months ahead. The Ascent is rated to tow 5,000 pounds.

The Ascent is the first vehicle to get Subaru’s new 2.4-liter direct-injected turbocharged flat-four engine. The Boxer engine makes 260 hp and 277 lb-ft of torque. It pairs with a CVT that mimics eight gear shifts. It has 8.7 inches of ground clearance to play with and 20-inch aluminum alloy wheels.

The base price for our Limited is $39,970, and we have added a few goodies. A $2,950 options package adds an upgraded Harman Kardon sound system with 14 speakers, a panoramic moonroof with a retractable sun shade, a Starlink navigation system displayed on the vehicle’s 8.0-inch screen, and a cargo area cover that cleverly stows in a space under the load floor. Our all-weather floor liners cost an additional $132, bringing the total sticker price to $43,551.

We have so far put 2,206 miles on our Ascent, with an mpg of 19.7. Yet we’ve already managed to lodge a screw in one of the tires, which the local Belle Tire fixed for free—a job that normally costs $25. We are patched and ready to keep on rolling.

2019 Subaru Ascent Limited BASE PRICE $39,970 PRICE AS TESTED $43,551 VEHICLE LAYOUT Front-engine, AWD, 7-pass, 4-door SUV ENGINE 2.4L/260-hp/277-lb-ft turbo DOHC 16-valve flat-4 TRANSMISSION Cont variable auto CURB WEIGHT (F/R DIST) 4,626 lb (53/47%) WHEELBASE 113.8 in LENGTH x WIDTH x HEIGHT 196.8 x 76.0 x 71.6 in 0-60 MPH 6.9 sec QUARTER MILE 15.2 sec @ 90.5 mph BRAKING, 60-0 MPH 114 ft LATERAL ACCELERATION 0.78 g (avg) EPA CITY/HWY/COMB FUEL ECON 20/26/22 mpg ENERGY CONS, CITY/HWY 169/130 kW-hrs/100 miles CO2 EMISSIONS, COMB 0.87 lb/mile TOTAL MILEAGE 2,206 mi AVERAGE FUEL ECON 19.7 mpg UNRESOLVED PROBLEM AREAS None

The post 2019 Subaru Ascent Long-Term Arrival: New Ground for Subaru appeared first on MotorTrend.

Categories: Property

MedicX posts robust annual results

Property Week News Feed - Tue, 12/11/2018 - 08:44
Healthcare property group MedicX Fund has posted a 6.9% rise in net asset value (NAV) for the year to 30 September.
Categories: Property

Landsec appoints GIC's Madeleine Cosgrave to non-exec role

Property Week News Feed - Tue, 12/11/2018 - 08:30
Landsec has appointed Madeleine Cosgrave as an independent non-executive director.
Categories: Property

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