Royal Mail sells central London sorting office for £111m

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Company sells to Singaporean consortium and could collect extra £20m if developer wins further planning permission Royal Mail has sold its former central London sorting office next to Paddington station to a Singaporean consortium for £111m. The newly-privatised company sold the one-acre site, which dates back to 1907 and was recently used as the setting of the National Theatre and Punchdrunks …

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