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News - 29/10/2018

McLaren revs up for 65,000 sq ft Aviva HQ

Aviva Investors, the global asset management business of Aviva, has let all 65,000 sq ft of the recently-developed Victoria Gate building in Woking.

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This is additional office space for the McLaren Group, the luxury automotive and technology business and leading Formula 1 team.

McLaren has signed a 20-year lease on the whole building. Victoria Gate is located in the centre of Woking, northwest Surrey, and has been fully re-developed by Aviva Investors.

Luke Baker, Real Estate Fund Manager at Aviva Investors, said: “We and our investors are tremendously excited to be providing McLaren Group with additional long-term, high-quality office space that will support the continued growth of its successful and world-renowned businesses. McLaren Automotive hand-assembles its luxury sportscars and supercars and in just eight years has grown to become the largest part of McLaren Group and will continue to grow and add headcount. With its expertise in innovative and cutting-edge technology, McLaren is a great example of the type of customer we target to underpin our income-focused investment strategy.”

McLaren was represented by Lambert Smith Hampton.

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