Buying the Site

Via MPA Ltd, the CRtB plans have attracted interest from a consortium of businesses and investors, principal among them Legal and General. The ongoing intention is to purchase the land. Royal Mail Group is aware of this interest.

Currently, the sale price is said to be within the region of £300 million.

The time-scale for this sale is uncertain. It should also be noted that other commercial interests will bid for the land too.

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Read about the background here.