Saudi prince sells Cotswolds estate to king of Bahrain for £120m

SourceThe Guardian
SectorReal Estate
CountrySaudi Arabia

A Saudi prince has sold a large country estate in the Cotswolds to the king of Bahrain for more than £120m.Prince Bandar bin Sultan, a senior Saudi royal as well as former ambassador to the US and former director general of the Saudi intelligence agency, has reportedly sold Glympton Park estate to the family of Bahrain’s King Hamad bin Isa al-Khalifa and his son Crown Prince Salman bin Hamad bin Isa al-Khalifa.The sale of the estate, – which includes the 18th-century Glympton House, as well as 39 cottages, a Norman parish church and 167 acres of parkland, is reported to have taken place in February. One source told Bloomberg it changed hands for more than £120m.The transaction appears to be confirmed by filings at Companies House, which name King Hamad and Prince Salman as owners of Glympton Estates Ltd, the company that runs the estate, from 26 February. Glympton Estates Ltd claimed £25,000 of taxpayer-funded furlough support in more...