MANAMA: McLaren Group, majority owned by Bahrain’s sovereign wealth fund Mumtalakat, has agreed the sale of its global headquarters to Global Net Lease for a total of £170 million (approximately $237m).
In a statement yesterday, the UK-based luxury automotive, technology and motorsport company said as part of the transaction it has agreed a 20-year lease with Global Net Lease, a $4 billion publicly traded net leased real estate investment trust focused on global sale-leaseback transactions involving single-tenant, mission critical assets .
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