Real estate giant Hines has sold the Royal Mail sorting warehouse in Edinburgh to ICG Real Estate for an undisclosed price.

Clearbell UK Strategic Trust has agreed a lease with Royal Mail on a 71,612 sq ft warehouse on the Manton Wood Business Park in North Nottinghamshire.

Around 8,000 Collect+ convenience stores will be rebranded to a Royal Mail Shop after the delivery giant’s owner bought a stake in the parcel service firm. International Distribution Services (IDS) ...

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International Distribution Services announced it had acquired a 49% stake in Collect+ with a £43.9 million investment. Around 8,000 Collect+ convenience stores will be rebranded to a Royal Mail Shop ...