The Royal Bank of Scotland sells to Hilton Glasgow for £35.7m

Bank of Scotland has sold the five-star Hilton Glasgow hotel to Gibraltar-based Topland Group in a £35.7 million deal (41m euros).Its disposal comes just two weeks after part-nationalised RBS sold the 96-bedroom Hilton Grosvenor in Glasgow’s west end to London-based Indian multimillionaire Joginder Sanger’s Mastcraft for £9.45m.The hotel, located on William Street in the city centre, was the last of an 11-strong portfolio of Hilton hotels acquired by the Edinburgh-based bank in 2001 in a £312m sale-and-leaseback deal.Its disposal comes just two weeks after part-nationalised RBS sold the 96-bedroom Hilton Grosvenor in Glasgow’s west end to London-based Indian multimillionaire Joginder Sanger’s Mastcraft for £9.45m.