RBS sells Brighton Hilton Hotel to Topland Group

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 Group

The 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

[phone]

[phone]

Media Relations

[phone]

[phone]

 

END

 

 

DISGCGDXCDBBGBB