Royal Mail to sell off half its London sorting office

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Planned redevelopment of Mount Pleasant site into flats triggers calls for sale profits to be reinvested into postal firm Royal Mail plans to sell off half its flagship sorting office in central London with the transformation of the five-hectare (12-acre) site into flats, netting the postal service up to £1bn. The redevelopment at Mount Pleasant on the outskirts of the capital's financial …

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