Housebuilder Taylor Wimpey is purchasing the meadow Phoenix Place and Calthorpe Street estate from the Royal Mail 's meadow Pleasant development site in central London for £ 190 m ( $ 650 m ) , more than six times their asset value . lord Wimpey said the deal was a " compelling , multi - year development opportunity " and would also include £ 3.5m - worth of parking provision to Royal ##thorpe .
Housebuilder Taylor Wimpey is acquiring the 2.5-hectare Phoenix Place and Calthorpe Street plots from the Royal Mail's Mount Pleasant development site in central London for £190m ($245m), more than six times their asset value. Taylor Wimpey said the deal was a "compelling, multi-year development opportunity" and would also include £3.5m-worth of parking provision to Royal Mail.