Global Net Lease to sell McLaren Campus for GBP 250M

Global Net Lease (GNL) announced that it has entered into an agreement to sell the McLaren Campus, a three-building, 840,000-square-foot property located in Woking, Surrey, England – for GBP 250 million at a 7.4% cash cap rate. Since the opportunistic acquisition of the McLaren Campus in April 2021 for GBP 170 million, GNL has negotiated a favorable lease, increasing rents by 14.5%, and significantly enhancing the property’s value ahead of the sale. GNL received a GBP 23.9 million deposit from the buyer at signing of the Agreement, which became non-refundable as of December 7, 2025, subject to GNL performing its obligations under the Agreement. The transaction is expected to close on or about December 22, 2025.