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Potential buyer named for McLaren's HQ

One of the world’s biggest buyout groups is reportedly in pole position to purchase McLaren’s HQ, which would then be leased back. American private equity firm TPG is reported by Sky News to be in exclusive talks to buy the site in Woking, Surrey, which includes the McLaren Technology Centre, for £180m. The transaction could be finalised as early as this month and will be structured as a sale-and-leaseback, enabling McLaren to continue occupying their home while raising money to strengthen a balance sheet hit hard by the health pandemic. The deal is being handled by property agent Colliers and has attracted interest from a range of international investors. McLaren have raised hundreds...
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