Property

2018 Jeep Wrangler fails European crash test

The Car Connection News Feed - Fri, 12/07/2018 - 13:19
European crash testers gave the 2018 Jeep Wrangler a scathing one-star rating. Europe's New Car Assessment Program said the off-roader earned the poor rating due in part to its lack of modern active safety equipment. The latest Wrangler is one of few new cars not available with automatic emergency braking, a feature that can prevent wrecks...
Categories: Property

Unibail-Westfield completes €789m trophy sale in Paris

Property Week News Feed - Fri, 12/07/2018 - 13:08
Global shopping centre giant Unibail-Rodamco-Westfield has completed the sale of its Capital 8 office scheme in Paris to Invesco Real Estate for €789m (£690m).
Categories: Property

CCLA checks in to Bath Travelodge with £22m acquisition

Property Week News Feed - Fri, 12/07/2018 - 12:34
LaSalle Investment Management has sold its long leasehold interest in the Bath Travelodge Waterside hotel for £22m to a fund managed by CCLA Investment Management.
Categories: Property

NYC sets a minimum wage for Uber, Lyft drivers

The Car Connection News Feed - Fri, 12/07/2018 - 12:00
The New York City Taxi and Limousine Commission voted to approve a minimum wage for drivers of ride-sharing services such as Lyft and Uber. At the end of this year, drivers will be paid a mandated $17.22 per hour, which accounts for expenses, the Washington Post reported Tuesday. The Commission's vote makes New York the first U.S. city to require...
Categories: Property

Law firm signs for 36,500 sq ft at The Scalpel

Property Week News Feed - Fri, 12/07/2018 - 11:37
Law firm Morrison & Foerster has signed for 36,500 sq ft of space at London’s newest office tower, The Scalpel at 52 Lime Street, London.
Categories: Property

'No-deal' Brexit could see capital values fall by up to 9%

Property Week News Feed - Fri, 12/07/2018 - 11:36
A no-deal Brexit could hit capital values in UK commercial property by up to 9%, according to Capital Economics.
Categories: Property

JV backed by Candy's CPC secures debt deal for Hackney scheme

Property Week News Feed - Fri, 12/07/2018 - 11:34
A joint venture backed by Christian Candy’s CPC Group has secured a £19m debt financing deal with OakNorth to fund a mixed-use building close to Hackney Wick station.
Categories: Property

Lift-off for Leeds Bradford Airport expansion

Property Week News Feed - Fri, 12/07/2018 - 11:18
Plans for a major extension to the main airport terminal building at LBA have been approved.
Categories: Property

CBRE GI teams up with Virtuo to eye €1bn logistics portfolio

Property Week News Feed - Fri, 12/07/2018 - 11:07
CBRE Global Investors has partnered with French logistics developer Virtuo with plans to build a €1bn prime logistics portfolio across France for its Europe Value Partners 2 (EVP2) fund.
Categories: Property

2019 Nissan Kicks

The Car Connection News Feed - Fri, 12/07/2018 - 11:00
The 2019 Nissan Kicks proves that basic motoring doesn’t have to be boring. Splitting the difference between subcompact hatchback and crossover SUV, the 2019 Kicks is a full-flavored small car that offers a lot of features for the money. It’s lighter on refinement than tech, however, which explains its 5.2 out of 10 rating. (Read more...
Categories: Property

The Point reaches full occupancy

Property Week News Feed - Fri, 12/07/2018 - 09:53
Tishman Speyer’s The Point office building in Paddington is fully let, following the signing of two new leases.
Categories: Property

Idé gets planning permission for Leeds scheme

Property Week News Feed - Fri, 12/07/2018 - 09:17
Idé Real Estate has secured planning permission for its £62m office and hotel scheme on the site of former council buildings in Leeds city centre.
Categories: Property

Berkeley warns on market but raises profit guidance

Property Week News Feed - Fri, 12/07/2018 - 09:08
Housebuilder Berkeley Group has raised its profit guidance for the year despite a fall in pre-tax earnings for the first half of the year to £401m, down 25.7% year-on-year.
Categories: Property

Annual house price growth slows to six year low

Property Week News Feed - Fri, 12/07/2018 - 09:06
Annual house price growth in the UK has slowed to 0.3%, according to the latest survey from the Halifax.
Categories: Property

2019 Mercedes-Benz G 550 First Test: Grown-up G-Wagen?

Motortrend News Feed - Fri, 12/07/2018 - 09:00

The G-Wagen isn’t a logical vehicle. It’s the kind of car you buy because you want it and because you can. It may have started life as a utilitarian off-roader, but for the last several decades, it’s been luxed up to the point that many owners won’t hit the trails in one.

Thanks to an iconic design, though, the G-Wagen has remained popular with owners who could easily have bought a luxury SUV that didn’t drive like a farm truck. We can’t blame them, either. If you want a G-Wagen, even a Range Rover won’t do.

But the fact that a G-Wagen is an irrational purchase for most people doesn’t mean we shouldn’t run the new one through our regular series of performance tests. How else are we supposed to know how much better the redesigned version is?

What makes things even more interesting is that even though Mercedes gave the G-Wagen a complete redesign for the first time ever, its 4.0-liter twin-turbo V-8 makes the same 416 hp and 450 lb-ft as the outgoing G550. But with less weight to haul around and a newer nine-speed automatic transmission, Mercedes’ latest four-wheeled brick should be a much better performer.

In acceleration testing, our G 550 ran from 0 to 60 mph in 5.4 seconds and finished the quarter mile in 14.1 seconds at 98.4 mph. That’s relatively quick, but for a vehicle weighing 5,665 pounds, it’s impressive. For comparison, the last G550 we tested needed 5.9 seconds to hit 60 mph and ran the quarter mile in 14.4 seconds at 95.7 mph. More gears and less weight really paid off.

Of course, complaints about the previous G-Wagen typically didn’t focus on acceleration. Anyone who wanted something quicker could get the AMG-tuned G63 or G65. Handling, however, was definitely an issue. So how improved is the G 550 in that regard?

Well, in our testing, the new G-Wagen averaged 0.61 g on the skidpad and needed 30.7 seconds at 0.53 g to complete the figure eight. The 2016 version, meanwhile, posted 0.71 g and a 28.7-second time at 0.59 g in the same tests. Braking from 60 to 0 mph took 136 feet and 122 feet, respectively.

Wait, what? How can the new G-Wagen possibly handle worse than the old one? Part of that might have to do with how hot it was. We attempt to correct for temperature, but extreme heat can still be an issue, and during SUV of the Year testing, it was regularly well over 100 degrees. But there were two other problems that probably contributed even more: understeer and stability control.

In normal situations, stability control is an important safety feature that helps keep small mistakes from turning you into a played-out Cars and Coffee meme. But in a limit-pushing handling test at the track, programming that’s undefeatable or too conservative can get in the way. As testing director Kim Reynolds found, the G-Wagen’s stability control definitely got in the way.

“Stability control massively screws up cornering such that you’re often full throttle and going remarkably slowly,” he noted.

Stability control stepping in probably wouldn’t have been as big a problem if the G 550 had more neutral handling. Unfortunately, we found it loves to understeer, meaning the stability control had to work overtime. Throw in vague, spongy brakes that didn’t always feel up to the task of stopping such a heavy vehicle, and you have a recipe for poor performance on the handling course.

The good news is, few people are going to buy a G-Wagen expecting it to handle like a sports car. Even the AMG version is clearly not meant for the racetrack. Not to say we approve of any vehicle posting one of the slowest figure-eight times we’ve ever recorded. The G-Wagen’s design just clearly telegraphs its poor cornering abilities.

Around town, Mercedes has greatly improved how the G 550 behaves. You still get lots of body roll, and there’s lots of wind noise, especially at higher speeds, but there’s only so much you can do with an off-road vehicle shaped like a shipping container. On the plus side, it’s relatively easy to drive considering its size. As Detroit editor Alisa Priddle put it, “On the road, it no longer steers like a school bus, but that was not a high bar to clear.”

The cabin also finally feels like it belongs in an SUV that costs six figures. Mercedes kept the passenger grab handle and three locking differential switches, but other than that, the interior looks like it was pulled right out of the S-Class. Some potential buyers may look at the twin displays, multifunction steering wheel, and high-end materials and feel like the G-Wagen’s lost some of its character. But at least it now feels more worthy of its sky-high price tag.

Ultimately, Mercedes did a commendable job of improving the G-Wagen’s on-road driving dynamics while preserving its legendary off-road capability. It’s still a niche vehicle not everyone will understand or appreciate, but that’s OK. We just wish there’d been a bigger improvement in the handling department.

2019 Mercedes-Benz G 550 4Matic BASE PRICE $125,495 PRICE AS TESTED $145,095 VEHICLE LAYOUT Front-engine, 4WD, 5-pass, 4-door SUV ENGINE 4.0L/416-hp/450-lb-ft twin-turbo DOHC 32-valve V-8 TRANSMISSION 9-speed automatic CURB WEIGHT (F/R DIST) 5,665 lb (53/47%) WHEELBASE 113.8 in LENGTH x WIDTH x HEIGHT 189.7 x 76.0 x 77.2 in 0-60 MPH 5.4 sec QUARTER MILE 14.1 sec @ 98.4 mph BRAKING, 60-0 MPH 136 ft LATERAL ACCELERATION 0.61 g (avg) MT FIGURE EIGHT 30.7 sec @ 0.53 g (avg) EPA CITY/HWY/COMB FUEL ECON 13/17/14 mpg ENERGY CONS, CITY/HWY 259/198 kW-hrs/100 miles CO2 EMISSIONS, COMB 1.33 lb/mile

The post 2019 Mercedes-Benz G 550 First Test: Grown-up G-Wagen? appeared first on MotorTrend.

Categories: Property

Property companies caught up in market sell-off

Property Week News Feed - Fri, 12/07/2018 - 08:55
Property shares were caught in an equity market sell-off on Thursday driven by growing fears about US-China trade relations on the worst day for the FTSE since the 2016 Brexit vote.
Categories: Property

Landsec buys Southwark development site for £87m

Property Week News Feed - Fri, 12/07/2018 - 08:46
Landsec has paid £87.1m for a 1.6-acre site in Southwark, south London, from a private company.
Categories: Property

McCarthy & Stone hires two COOs

Property Week News Feed - Fri, 12/07/2018 - 08:35
Retirement home group McCarthy & Stone has appointed former Kier Group veteran Nigel Turner and The AA’s Mike Lloyd as dual chief operating officers.
Categories: Property

Trophaeum to launch £10bn retail investment vehicle

Property Week News Feed - Fri, 12/07/2018 - 00:00
TAP targeting £10bn retail AUM in London and other gateway European cities.
Categories: Property

Poundstretcher embarks on huge expansion programme

Property Week News Feed - Fri, 12/07/2018 - 00:00
Discount retailer looks to take advantage of high street woes and double size of its estate to 800 stores
Categories: Property

Pages