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RBS sells Brighton Hilton Hotel to Topland Group

11th Mar 2011 09:30

RNS Number : 7850C
Royal Bank of Scotland Group PLC
11 March 2011
 



The Royal Bank of Scotland Group PLC - Sale of Brighton Hilton Hotel

 

RBS sells Brighton Hilton Hotel to Topland GroupThe Royal Bank of Scotland Group plc ("RBS") announces today that it continues to make good progress in the sale of its hotel portfolio within the Non-Core Division and that it has sold the Brighton Hilton Hotel to Topland Group for £39.25 million in cash. 

 

RBS has now agreed the sale of 11 large hotels including six last year.

 

Investor Relations

Richard O'Connor

+44 207 672 1763

+44 7909 873 681

 

Media Relations

+44 131 626 3997

+44 7920 087 902

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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