Topland Group, the privately-owned investment firm, is to sell a portfolio of six Thistle-branded hotels for £240m.

The hotels – five of which are located in London with one in Edinburgh – are occupied by the Thistle Group on 30-year leases running from April 2005.

The portfolio boasts more than 1,200 rooms and suites and Topland has appointed London-based brokers Colliers to market the hotels.

Tim Meakes, director of investment at Colliers, said: “It is unheard of for a portfolio comprising five Central London hotels and a prime Edinburgh site to come to the market, especially with such favourable lease agreements.

“We are expecting an enormous amount of interest in these properties, from both UK and international investors.” Details: www.topland.co.uk

The Thistle Piccadilly is one of the hotels included in the portfolio