Home / Royal Mail / UK's Royal Mail eyes London property cash boost

UK's Royal Mail eyes London property cash boost

LONDON (Reuters) – Britain's Royal Mail said plans to turn over half of its main London sorting office – Mount Pleasant – into a prime residential hub will be submitted next spring, as the group tries to boost its value ahead of a 2014 privatisation. The 12-acre former prison site in north London is undergoing a 32 million pound ($51.72 million) facelift to increase production, move operations …

More: continued here

About admin

Check Also

Real reason Royal Mail postal workers wear shorts in freezing weather

Posties work outdoors in all weather Some posties will wear their shorts all year round(Image: …

Leave a Reply

Your email address will not be published. Required fields are marked *