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Updated: 12 hours 53 min ago

Property Week News Feed: Stenprop continues multi-let industrial transition

Thu, 06/06/2019 - 07:55
Stenprop’s transition into a pure multi-let industrial (MLI) player continued last year with 42.7% of its portfolio now comprising MLI.
Categories: The Top Zones

Property Week News Feed: Green delays CVA vote in bid to woo landlords

Wed, 06/05/2019 - 23:00
The future of Sir Philip Green’s retail empire hangs in the balance after Arcadia adjourned its creditor meeting until next Wednesday in a last-ditch attempt to win landlord support for its restructuring plans.
Categories: The Top Zones

Property Week News Feed: Pair of South Bank offices acquired for combined £82m

Wed, 06/05/2019 - 23:00
CCLA buys Palace House for around £50m while Darin Partners picks up Kaplan House for £32.5m
Categories: The Top Zones

Property Week News Feed: Benson Elliot sells Brindleyplace building to Blue Noble for £37.7m

Wed, 06/05/2019 - 23:00
Private equity investor Benson Elliot Capital Management has sold Birmingham office building 11 Brindleyplace to Blue Noble for £37.7m.
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Property Week News Feed: Could you be a town centre saviour?

Wed, 06/05/2019 - 23:00
Young property professionals are being given a chance to have their ideas for transforming town centres put into action.
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Property Week News Feed: Allsop’s May result down year on year while takings are up for Savills

Wed, 06/05/2019 - 23:00
Allsop Residential saw a £15m year-on-year fall in income at its latest sale, while Savills saw a small uptick.
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Property Week News Feed: The Restaurant Group plans sale and leaseback of HQ

Wed, 06/05/2019 - 09:31
The Restaurant Group (TRG) is planning for a sale and leaseback of its headquarters at 5-7 Marshalsea Road.
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Property Week News Feed: Workspace posts annual rise in NAV

Wed, 06/05/2019 - 07:22
Workspace Group has posted a 4.7% rise in net asset value (NAV) in its annual results.
Categories: The Top Zones

Property Week News Feed: RDI secures £75m loan

Wed, 06/05/2019 - 07:07
RDI REIT has refinanced its London serviced office portfolio with a new £75m financing facility.
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Property Week News Feed: Derwent launches £175m convertible bonds

Wed, 06/05/2019 - 07:00
Derwent London has launched £175m of convertible bonds alongside the repurchase (of the outstanding £150m bonds.
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Property Week News Feed: Arcadia brands set for administration within 24 hours if CVAs voted down

Wed, 06/05/2019 - 05:55
Arcadia’s advisor Deloitte has drawn up papers to put the troubled group’s high street retail brands into administration as early as Thursday morning should its cost-cutting proposals not gain support from creditors today.
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The Car Connection News Feed: Apple CarPlay interface updated with latest iOS 13 update

Tue, 06/04/2019 - 17:00
The refreshed Apple CarPlay interface shown Monday at the tech firm's Worldwide Developers Conference marks a major cosmetic and functional overhaul for the in-car smartphone interface and opens up the ability for third-party apps to work with the Siri virtual assistant. The updated CarPlay interface will arrive with an iOS 13 update this fall and...
Categories: The Top Zones

The Car Connection News Feed: 2020 Chevrolet Silverado turbodiesel engine priced from $42,285

Tue, 06/04/2019 - 14:35
The 2020 Chevrolet Silverado's new turbodiesel will command the same price premium over other engines as the optional 6.2-liter V-8 also available under the pickup truck's hood. On Monday, Chevrolet said the 3.0-liter Duramax turbodiesel inline-6 engine will cost $3,890 for trucks originally equipped with the standard 2.7-liter turbo-4 engine and...
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The Car Connection News Feed: NHTSA investigates GM SUVs, Porsche 909 Bergspyder successor, Hyundai Kona Hybrid: What's New @ The Car Connection

Tue, 06/04/2019 - 14:30
NHTSA begins investigation into GM SUV seat belt failures The NHTSA last week opened an investigation into 1.4 million General Motors crossover SUVs after reports that an earlier recall may not have fixed faulty seat belt cables. British owner puts Greyhound bus line up for sale An icon of the American highway system is up for sale. 10K Ram 1500...
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Property Week News Feed: High noon approaches for Sir Philip

Tue, 06/04/2019 - 13:54
Sir Philip Green is locked in eleventh hour talks today in an attempt to save his Arcadia retail empire from collapse ahead of tomorrow’s midday gathering of retail landlords and other creditors.
Categories: The Top Zones

Motortrend News Feed: Lamborghini Huracan Sterrato First Look: The Off-Road Supercar

Tue, 06/04/2019 - 13:00

Like the Spanish Inquisition, nobody expects the Sterrato! But here we are. Yes, friends, you are looking at a jacked-up, armor-plated, balloon-tired, off-road Lamborghini Huracán. For real? Yes, Lamborghini really built one. In fact, it built more than one, and I’ve already driven it, but drive impressions are embargoed until June 12. Because I can’t tell you if it’s any good (hint: no comment), allow me to share some details.

Why?

The Sterrato exists because while Lamborghini was developing the Urus, the engineering team fell in love with off-roading. As you might imagine, the makers of Aventadors and Huracáns had zero experience playing around in sand, mud, and gravel. As any off-roading aficionado can tell you, dirt’s a lot of fun! The Lamborghini team took what it learned from the Urus and applied it to a Huracán. Sterrato, roughly translated, means “dirt road.” The result is something truly unique. As Lamborghini the brand is fond of saying, “Expect the unexpected.”

What?

Four big things turn a 630-hp Huracán Evo into a Sterrato. First comes stance. Lamborghini added 47mm (1.85 inches) of ride height while widening the track by 30mm (1.2 inches) front and rear. Next comes big, fat off-road tires. Made by Pirreli, the prototype meats are much, much fatter than the typical rubber found on a supercar. The sidewall looks to be three times thicker. So thick, in fact, that the front axle had to be moved forward, which required new front control arms. Moreover, the widened track necessitated the 3-D printing of new fenders front and rear.

After that came the armor. The nose, side sills, and rear end all get tough aluminum cladding. Lamborghini claims the plating was added to the spots that took damage during testing. And because the Sterrato is a Lamborghini, the rear piece is a functional diffuser. You can also see shields in front of the huge side intakes. Gotta keep the rocks out. Finally, the Evo’s Lamborghini Dynamic Vehicle Integration (LDVI) computers have been reprogrammed for dirt roads. LDVI controls the magnetic dampers, the torque-vectoring AWD, all-wheel steering, traction control, and the predictive yaw control (Lamborghini Piattaforma Inerziale).

Lamborghini also tossed on some hella-bright LED light bars for good measure. Why not?

Really?

The decision to put the Sterrato into production hasn’t been made. Yet. Is there a business case? Sure, assuming people buy them. Will people buy an off-road supercar? That’s the multimillion-dollar question. I imagine Ford went through a similar process when deciding whether to put the Raptor into series production. I believe we can all agree that flying truck is a runaway success story. This is different, but in a way, it’s not that different. Of course, the deciding factor for production will no doubt be how the Sterrato drives, especially off-road. In just eight short days from now, I’ll tell you all about it. Until June 12!

The post Lamborghini Huracan Sterrato First Look: The Off-Road Supercar appeared first on MotorTrend.

Categories: The Top Zones

Property Week News Feed: RDI Reit given green light for 127 Charing Cross Road extension

Tue, 06/04/2019 - 08:59
RDI Reit has been granted planning permission for a three-storey extension to a West End office building.
Categories: The Top Zones

Property Week News Feed: Weston Homes gains planning for £350m Barking scheme

Tue, 06/04/2019 - 08:53
Housebuilder Weston Homes and the Estates & Agency Group have received planning permission to regenerate the six acre Abbey Retail Park in Barking into a new £350m riverside urban village.
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Property Week News Feed: L&G makes biggest regional office sale this year

Tue, 06/04/2019 - 08:50
LGIM Real Assets (Legal & General) has sold Priory Court & The Lewis Building in Birmingham to Gulf Islamic Investments (GII) for around £140m.
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Property Week News Feed: NAV dips at Palace Capital

Tue, 06/04/2019 - 07:41
Palace Capital has posted a 1.6% fall in net asset value (NAV) for the year to the end of March.
Categories: The Top Zones