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Though Deutsche Bank has not said what it would do with its parcel if the building is torn down, it has indicated that it would be willing to sell it, which could provide a contiguous piece of land suitable for office space.
The church eventually sold its parcel and those it had acquired to Southland.
Whilst we think Royal Mail does have scope to raise efficiency and improve its technology, we are increasingly concerned that the rate of decline in letter volumes will become unmanageable, it will be unable to evolve its parcel service offering quickly enough to maintain market share and the market itself will struggle to absorb the level of new capacity.
He said Australia Post could no longer count on growth in its parcel business covering the losses from mail delivery.
"If the post office increased its parcel rates, Amazon's shipping costs would rise by $2.6bn," he said.
Royal Mail said its parcel growth rate would decline from 4%-54%-5%to1%-21%-2%t least two years because of Amazon's decision.
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It has warned Australia Post shouldn't collect the tax, despite the pleas of Amazon and eBay, because it would render its parcels business "unviable".
The regulator said it was concerned Royal Mail had the potential to subsidise its parcels business through its letters business – where it has a much larger market share and established delivery network - in a way that might disadvantage other parcel delivery companies.
"A break-up scenario is not an easy solution either," he added, noting the firm would struggle to sell its parcel-delivery business without fixing it first.
It was forced to ring-fence its parcels business.There is also a view that the large number of acquisitions made by the big operators has, ironically, caused the postal sector to become more than ever dominated by states.
Amazon is testing delivering its parcels using drones, the company's CEO has revealed.
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