London Property News closes hailing internet advertising as the future

Property Finder Publications has closed down all of its printed property titles due to a ‘business decision’. It’s believed that falling advertising revenues caused the closure which took down titles such as:

• London Property News
• Hot Property
• Renting

The titles primarily listed agents’ properties on the market, with some editorial.

Gillian Kent, chief executive of Propertyfinder, said: “The internet is the undisputed future of property advertising. We have seen an accelerated shift to online advertising in these difficult markets. We have therefore decided to cease publication of our print titles and focus on our core online property advertising business.”

Source: www.estateagenttoday.co.uk

photo credit: Bull3t

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