Topland Group, one of the largest privately owned international investment groups is pleased to announce the purchase of the prestigious Hilton Glasgow on William Street for £35.7 million (approx. 40.6 million) in cash.
The vendor Royal Bank of Scotland selected Topland who completed on the transaction within four working days.
Clive Bush, Managing Director Operations of Topland said: "The property offers a long term secure income stream and is typical of the type of investments which we are seeking. This is the second time in recent months we have completed a major transaction in four days."
Topland was advised by Maclay Murray & Spens.
Source: MJ2 Limited