{"id":301742,"date":"2011-03-11T13:11:24","date_gmt":"2011-03-11T13:11:24","guid":{"rendered":"http:\/\/www.ghanamma.net\/2011\/03\/11\/rbs-sells-seafront-hotel-for-39m\/"},"modified":"2011-03-11T13:11:24","modified_gmt":"2011-03-11T13:11:24","slug":"rbs-sells-seafront-hotel-for-39m","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2011\/03\/11\/rbs-sells-seafront-hotel-for-39m\/","title":{"rendered":"RBS sells seafront hotel for \u00a339m"},"content":{"rendered":"<p><div readability=\"50.6598984772\">\n        \t\t  <span><br \/>\n    <span>11 March 2011<\/span><br \/>\n<span>Last updated at <\/span><span>08:11 ET<\/span><br \/>\n<\/span><\/p>\n<p>A landmark Brighton hotel has been sold for \u00a339.3m as part of a sell-off of assets by the Royal Bank of Scotland.<\/p>\n<p>Britain&#8217;s biggest residential conference centre, the 340-room Hilton Metropole, has been bought by investment company Topland Group.<\/p>\n<p>The seafront hotel, built in 1890, is next to the Grand, bombed by the IRA in 1984 during the Tory Party Conference.<\/p>\n<p>Many survivors of the bombing were sent to the Metropole, which then also had to be evacuated after a bomb scare.<\/p>\n<p>The part-nationalised bank recently sold London hotels the Grosvenor House and the Cumberland as part of a drive to dispose of assets.<\/p>\n<p>Royal Bank of Scotland, 83% owned by the taxpayer, made losses of \u00a31.1bn last year and \u00a33.6bn in 2009.<\/p>\n<p>It is also selling its insurance division, which includes Direct Line and Churchill and hopes to sell RBS Insurance in 2012.<\/p>\n<\/p><\/div>\n<\/p>\n<p>Go here to see the original:<br \/>\n<a target=\"_blank\" href=\"http:\/\/www.bbc.co.uk\/go\/rss\/int\/news\/-\/news\/uk-england-sussex-12712539\" title=\"RBS sells seafront hotel for \u00a339m\" rel=\"noopener noreferrer\">RBS sells seafront hotel for \u00a339m<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> 11 March 2011 Last updated at 08:11 ET A landmark Brighton hotel has been sold for \u00a339.3m as part of a sell-off of assets by the Royal Bank of Scotland. <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-301742","post","type-post","status-publish","format-standard"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - 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