News

£190m sale of McLaren’s F1 and supercar campus falls through

By 2021-01-11T15:47:00

McLarenTechnologyCentre_MG_1414

A £190m sale and leaseback deal on the headquarters of Formula One’s McLaren is understood to have collapsed after buyers struggled to raise banking finance for the investment, Property Week can reveal.

Knight Frank Investment Management and its client Korea Investment & Securities agreed the deal last month, as the racing team sought a sale and leaseback on the state-of-the-art design and technology centre in Woking, Surrey.

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Try Property Week For Free to finish this article.

Sign up now for the following benefits:

  • Unlimited access to Property Week
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article TRY FOR FREE NOW

Don’t want full access? REGISTER NOW to read this article and up to 3 more this month and subscribe to our newsletters.

Registered users and subscribers SIGN IN here to continue