Saudi prince said to sell English country home to King of Bahrain’s family

  • Date: 03-Apr-2021
  • Source: Arabian Business
  • Sector:Economy
  • Country:Saudi Arabia
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Saudi prince said to sell English country home to King of Bahrain’s family

Prince Bandar bin Sultan, a senior Saudi royal, has sold a large English country estate to the King of Bahrain's family, according to people with knowledge of the deal.

The former ambassador to the US sold Glympton Park in the scenic Cotswolds region in February, the people said, asking not to be identified as the deal is confidential. The sale price was more than £120 million ($165 million), one of the people said.

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Public documents filed this month for Glympton Estates Ltd, the company managing the estate, show a change of ownership at that firm.

They now list King Hamad bin Isa al-Khalifa and his son, Crown Prince Salman Bin Hamad Bin Isa Al Khalifa (pictured below), as the people with significant control of the firm, replacing Prince Bandar.

The sale underlines the close relationship between Saudi Arabia and Bahrain, the neighboring island nation that has relied heavily on the kingdom for security and fiscal support. Representatives for Prince Bandar declined to comment. Representatives for the Bahrain King did not respond to requests for comment.

The sale also shows that wealthy buyers are opting for estates outside London for holiday homes after