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New Vastern Road project is revealed – Reading Post

New Vastern Road project is revealedReading PostPlans to pull down the multi-coloured Royal Mail sorting office and build a new Station Square with a hotel, shops and housing will be looked at by Reading planners tomorrow. The site would be accessed from Caversham Road and Vastern Road, … More: continued …

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Great Portland swoops on two London offices – CITY A.M.

Business Recorder Great Portland swoops on two London officesCITY A.M.The London property developer has agreed to buy a 2.3-acre site near Oxford Street from the Royal Mail Group for £120m in cash – its largest deal to-date. Royal Mail will lease back the site until June 2013, then vacate it …

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