Topland Group
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Topland Group is one of the world's largest privately owned property and investment groups. Topland is headed up by the billionaire brothers Eddie and Sol Zakay.
The company head office is at 55 Baker Street, London.[1] Topland Group is "ultimately controlled from the British Virgin Islands".[2]
Topland's principal activity is commercial real estate, with a portfolio of over 220 properties, valued in the region of £3 billion. Topland also has a hotel portfolio consisting of 40 hotels, including the Hallmark Hotel Group, the Royal Crescent Hotel,[3] in the Royal Crescent in Bath, the Hilton Brighton Metropole, the Glasgow Hilton and several Thistle Hotels, six in central London, one in Straford Upon Avon (The Welcombe Hotel) and one in Edinburgh.[4]
In 2012, The Guardian reported that Topland was being sued by the UK's Ministry of Justice, having "conspired with a property agent in 2002 to extract inflated rents from the government on one of its central London buildings which houses the main London divorce courts". The UK government has accused Topland of "deceit, fraud by bribery, dishonest assistance and breach of confidence" and "unlawful conspiracy".[5] The case was "settled out of court on confidential terms".[6]
References
- ^ "Topland Group plc". Companies House. Retrieved 1 October 2015.
- ^ Bridge, Sarah (16 February 2003). "£35m payday for property brothers". thisismoney. Retrieved 1 October 2015.
- ^ "The Royal Crescent Hotel & Spa". royalcrescent. Retrieved 1 October 2015.
- ^ "Zakay Brothers's Topland Group Buys Menzies UK Hotel Chain for $135 Million". Jewishbusinessnews. Retrieved 31 October 2014.
- ^ Ramesh, Randeep (6 April 2012). "Firm sued by ministry is Tory donor". The Guardian. Retrieved 1 October 2015.
- ^ Bar-Hillel, Mira (26 September 2012). "The Brothers". thelondonmagazine. Retrieved 2 October 2015.