Sol Zakay
| Company type | Private |
|---|---|
| Industry | Property, Investment |
| Headquarters | London , United Kingdom |
Area served | United Kingdom |
| Products | Commercial property, hotels, natural resources, renewable energy |
Topland Group is a UK-based property and investment firm. By 2014, it had established itself as one of the globe’s largest privately held property and investment enterprises.
The company’s main office is situated at 105 Wigmore Street in London.
History
Topland Group holds extensive real estate assets across the United Kingdom. In 2013, it purchased 12 out of 15 hotels from the insolvent Menzies Hotels for approximately $135 million. Its collection of hotels features prominent establishments such as the Royal Crescent Hotel in Bath, the Hilton Brighton Metropole, the Glasgow Hilton, and a number of Thistle Hotels—six located in central London and one in Edinburgh.
From 2000 to 2020, Topland completed several major sale and leaseback agreements involving retail and supermarket properties. These transactions included a £500 million Marks & Spencer portfolio, a £950 million Tesco supermarket portfolio, and a £300 million deal with Spanish retailer Eroski.
The Sunday Times Rich List of 2023 estimated the founders’ combined wealth at around £3.5 billion.
In 2012, the UK Ministry of Justice initiated legal proceedings against Topland, alleging rent inflation on a central London building used for divorce courts. The government accused the firm of fraudulent practices; however, the matter was resolved privately through an out-of-court settlement.
Although Topland has expanded into sectors like natural resources and renewable energy, its primary focus remains commercial property. The company oversees more than 220 assets with an estimated value near £3.5 billion. In 2019, it divested its Hallmark Hotels portfolio consisting of 26 properties for £250 million.
Development
In January 2022, Topland secured multiple development sites, creating a pipeline worth £850 million. By July 2022, the firm initiated a £165 million sustainable office development in London’s financial district, which was pre-leased to TikTok. In 2023, Topland arranged a £160 million forward funding agreement with iQ Student Accommodation—owned by Blackstone—for a student living and co-living project close to the University of Warwick.
Philanthropy
Each year, Topland hosts a charitable business luncheon in partnership with Jewish Care, now marking its fifteenth consecutive year. The most recent gathering at London's Grosvenor House Hotel drew an audience of 1,000 guests and generated £440,000 for the charity. This prominent fundraising event continues to be organized annually by Topland.