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Government appoints banks for Royal Mail listing

LONDON (Reuters) – The government has appointed Goldman Sachs and UBS as the lead banks to run a London stock market listing of Royal Mail. The initial public offering (IPO) is expected to take place later this year and could value the state-owned business at 2-3 billion pounds ($3-4.5 billion), …

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Royal Mail to occupy Beckton site – SHD Logistics

Royal Mail to occupy Beckton siteSHD LogisticsThe Aviva Investors Pensions Ltd – Property Fund (AIPL) has completed the letting of unit 1, Gemini Business Park, Beckton to The Royal Mail who have taken a 15-year lease of the 111,000 sq ft unit. The property was acquired in April 2011 for …

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