The four-star Radisson Blu in Glasgow has been sold out of administration to the Azure Property Group for around £28m.
The deal includes a long term management agreement with Rezidor Hotels & Resorts to operate the 247-bedroom property under its premium Radisson Blu brand, as well as three retail units, which are let to LA Fitness and Barrhead Travel.
Real estate company Savills handed the sale on behalf of the administrators RSM Tenon.