Nine Elms centre joins Mount Pleasant and Paddington sites destined for redevelopment into luxury flats
Royal Mail has put its former south London mail centre at Nine Elms up for sale, which analysts estimate could fetch up to £662m.
Nine Elms is one of three former mail centres expected to be turned into luxury flats, with the total value of the portfolio estimated at more than £1bn by analysts. The other two are Mount Pleasant, at Farringdon, central London, and a one-acre plot next to Paddington station, which was sold last month for £111m, with additional proceeds if the site is sold on soon or the developer gets further planning permission.
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